Bitcoin Struggles at $70K After $76K Rejection as Fed Holds Rates: Weekly Recap

It was another highly eventful macro week, as the tension in the Middle East is nowhere near coming to an end, but also in the US, where the central bank was scheduled to have its second FOMC meeting for the year. Recall that just a week ago, bitcoin pushed toward $74,000 for the second time in the past 10 days, only to be rejected and driven south toward $70,000 during the weekend, especially after the US carried ou…