Bitcoin (CRYPTO: BTC) is trading sideways near $76,000 as traders closely watch Federal Reserve policy and regulatory developments.

“Two Major Overhangs“

During an Apr. 30 crypto roundtable featuring Benjamin Cowen, analysts highlighted two key near-term risks: tightening global regulation and uncertainty around Federal Reserve policy.

Chair Jerome Powell is maintaining a cautious stance and persistent inflation, particularly tied to energy prices, continues to keep monetary policy tight.

Market sentiment has deteriorated, with crypto discussions fading across social platforms, often a sign of declining retail interest.

Price action reflects this shift.

The Trade Setup

Traders say the lack…

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