The weekly cryptocurrency market ahead of the FOMC meeting shows cautious optimism, supported by stable institutional demand and stable macro conditions. Bitcoin, Ethereum, and XRP are at key levels, which means the market is neutral. The Federal Reserve is one of the major events that market participants are waiting for.
Bitcoin, Ethereum and XRP price forecasts this week
Bitcoin price today It rose 0.56% to $78,112, performing slightly better than other cryptocurrencies.
BTC is expected to move towards the $78,200 to $78,700 resistance area if the price remains above the support at $77,000. However, a break of the support could send the price down to $75,000, especially with a lack of flows.
The price of Ethereum also rose slightly by 0.61% to $2,328 during this period. The gains are in line with Bitcoin and market gains.
the ETH long-term forecast It should continue to hold above the important support level at $2,300, and move towards the resistance level at $2,350. A break below the support area could lead to a short-term drop to $2,250.
XRP price is currently trading at $1.43 and is close to an important technical area marked by cloud resistance. It must close above $1.67 on a weekly basis to confirm the breakout.
FOMC Meeting April 28-29: Interest Rate Decision and Cryptocurrency Market Impact
this week Federal Open Market Committee The FOMC meeting is the largest major event for the cryptocurrency markets. Current market expectations are for no interest rate cuts.
The market expects that there is a high chance that interest rates will remain at 3.50% and 3.75%. This is due to inflation fears and Fed hawkishness.
A dovish signal could lead to a strong rally in Bitcoin, Ethereum, and XRP prices. But more hawkish statements are likely to lead to greater selling and market turmoil.
High Institutional Demand: Spot ETF inflows drive momentum
Institutional demand remains fundamental to recent price stability and continued increases in cryptocurrency prices. Spot Bitcoin ETFs have been on a nine-day inflow streak and recorded more than 2 billion inflows in recent days.
This series of flows shows the confidence of institutional investors in the face of macroeconomic uncertainty. It also underscores the growing popularity of Bitcoin as a long-term store of value.
According to SoSoValue data, US spot Bitcoin ETFs generated net inflows of $14.45 million and now have a nine-day inflow streak, while net inflows for US Ethereum ETFs reached $23.38 million.
According to SoSoValue, on April 24 (ET), US spot Bitcoin ETFs recorded $14.45 million in net inflows, extending the inflow streak to nine days, while US Ethereum spot ETFs saw $23.38 million in net inflows. pic.twitter.com/cjb0LQRpy8
— Wu Blockchain (@WuBlockchain) April 25, 2026
Geopolitical tensions have also decreased, resulting in a more stable risk environment, resulting in steady capital flows into cryptocurrencies.
How the CLARITY Act could impact cryptocurrency markets
the The law of clarity It is a major regulatory development that may affect the future of cryptocurrencies. The law aims to address jurisdiction in the digital assets sector.
The draft law proposes that assets be classified as securities, commodities or stablecoins, and regulated accordingly. This could end regulatory discussions about jurisdiction.
For XRP, this would resolve the legal and regulatory uncertainty that has existed so far and bring much-needed certainty to investment. This would boost confidence and lead to higher prices.
The legislation needs to advance through the critical stages by the end of May. Any delay in the future could prolong uncertainty and have a delayed effect.
Passage of the CLARITY Act could provide a boon for Bitcoin, Ethereum, XRP prices and the cryptocurrency ecosystem.
