Bitcoin steadies above $64,000 as crypto looks to Fed interest-rate decision
BTC added 0.75% before the Federal Reserve’s rate decision. Inflation at 4.1% keeps an increase firmly on the table even as oil prices ease.
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Summary
- Bitcoin rose 0.75% to $64,328 after a volatile two days, with the market in a holding pattern ahead of a Fed rate decision that could be the first increase in three years.
- The mood across traditional markets is one of cautious hedging rather than conviction, with S&P 500 and Nasdaq 100 index futures fractionally positive, gold holding above $4,000 and silver up 1.40%.
- Jupiter (JUP) rose 5.79% to lead a DeFi recovery. FET fell 4.60% on the day and 6.78% over 24 hours as AI tokens continued to unwind last month’s gains.
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Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
