Bitcoin shrugs off AI selloff but high-stakes Fed meeting could determine what’s next
BTC held near $65,000 even as Nvidia and AI stocks fell sharply. This week’s Fed decision could determine whether bitcoin finally breaks higher or revisits June’s lows, analysts said.
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Summary
- Bitcoin has stayed resilient around $65,000 even as AI-linked tech stocks slumped, but this week’s Federal Reserve decision and key economic data could determine its next big move.
- Analysts say bitcoin must break above roughly $67,300, with ether above $2,000, to confirm a new leg of the crypto bull market, while ether’s recent outperformance is seen as a constructive sign.
- Skeptics point to weak buying conviction, falling futures open interest and ongoing selling pressure, warning that without stronger inflows and ETF demand, bitcoin could retreat toward the mid-$50,000s rather than sustain a breakout.
