Bitcoin finished April above $76,000 to preserve most of its monthly gains, but the S&P 500 stole the limelight with a trip back to record highs.

Bitcoin price action risked repeating January's breakdown despite April being poised to offer the best monthly BTC price gains in a year.

Bitcoin price action remained weak as the US-Iran war delivered a Fed meeting that was the "most hawkish in years" and oil neared four-year highs.

Bitcoin fell after each new Federal Reserve chair began work, data showed, while Kevin Warsh gave mixed signals over policy for risk assets.

Bitcoin price downside returned to send BTC to one-week lows thanks to renewed concerns over global oil supplies focused on the Strait of Hormuz blockade.