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The Economic Times — Marketseconomictimes.indiatimes.com

Bitcoin trades near $64,000 despite hawkish Fed outlook; recovery attempt loses momentum (opens original article in a new tab)

TL;DR

Bitcoin remains near $64,000 despite a hawkish Federal Reserve outlook, with mixed altcoin performance and a 2.24% drop in global crypto market capitalization. Market participants are monitoring key support levels to prevent further declines.

  • Bitcoin trades near $64,000 despite hawkish Fed outlook
  • Major altcoins showed mixed performance with some down 3.87% and Tron up 0.64%
  • Global crypto market cap fell 2.24% to $2.2 trillion
  • Market participants focus on $61,000–$63,500 support zone to prevent deeper slide

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