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MARKETS-ECONOMIC TIMES · INDIAN ·

Bitcoin trades near $64,000 despite hawkish Fed outlook; recovery attempt loses momentum

As reported by Markets-Economic Times
Bitcoin hovered near $64,000 as a hawkish Federal Reserve outlook and risk-off sentiment capped recovery momentum. Liquidations, ETF outflows and weak institutional participation weighed on prices. Key support lies between $61,000 and $63,500, while resistance near $67,500 remains a hurdle for any sustained upside in the near term.
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Bitcoin is trading near $64,000, facing pressure from a hawkish Federal Reserve outlook and general risk-off sentiment. Liquidations, ETF outflows, and weak institutional participation are weighing on prices, capping recovery momentum. Key support lies between $61,000 and…

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