Bitcoin Defies AI Stock Selloff as Fed Decision Looms

Nvidia and other artificial intelligence stocks suffered significant losses on Monday, but Bitcoin remained relatively stable around $65,000.

The decoupling between AI equities and Bitcoin has raised eyebrows, as the two have often moved in sync during periods of risk appetite this year.

Market analysts are now focused on the Federal Reserve's interest rate decision due Wednesday, which could either propel Bitcoin above its current resistance or push it lower towards June lows.