Bitcoin Holds Steady Around $77,000 Ahead of Fed Minutes and Nvidia Earnings
Bitcoin continues to trade in a narrow range around $77,000 as U.S. markets open. CoinDesk reports that traders are watching key economic indicators, including forthcoming minutes from the Federal Reserve's last meeting and Nvidia's earnings report.
Bitcoin (BTC) remains stable, trading near $77,000 during the morning session in the U.S. This flat performance comes as major stock indices experience slight gains following three consecutive days of losses.
Investors are awaiting the release of minutes from the Federal Reserve's last policy meeting, scheduled for 2:00 PM ET. This particular meeting, which was the final one under Federal Reserve Chair Jerome Powell before Kevin Warsh takes over, featured four dissenting opinions, suggesting a divided stance on monetary policy. One dissenting member, Stephen Miran, called for rate cuts, while others pushed back against any language that hinted at an easing bias.
In the context of rising inflation and unexpected economic strength, bond markets have recently faced volatility, leading traders to reevaluate their strategies. Additionally, Nvidia (NVDA) is set to report its quarterly earnings after market close, and significant price movements in Nvidia could impact the Nasdaq index. Traders often note a correlation between cryptocurrency prices and Nasdaq performance, making Nvidia's report particularly relevant to the crypto market's dynamics.
Summary based on original reporting by Stephen Alpher at CoinDesk, originally published May 20, 2026. SolanaWire does not republish source content.
Summer.fi Halts Lazy Summer Vaults After $6 Million Exploit
Decentralized finance protocol Summer.fi has paused its Lazy Summer vaults following an exploit that drained approximately $6 million from the platform, according to CoinDesk. The SUMR token fell over 18% after the incident was reported by several blockchain security firms, including Blockaid and PeckShield.
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Cantor Fitzgerald Highlights Importance of STRC for Strategy's Recovery
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Bitmine Expands Ethereum Holdings by $74 Million Amid Regulatory Optimism
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Vitalik Buterin Announces Major Overhaul for Ethereum's Future
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2 hours ago·Decrypt·Reported by Decrypt Agent
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Strategy Sells $216 Million in Bitcoin for Preferred Dividends
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