Bitcoin Drops Below $64,000 Amid Ongoing Market Uncertainty

Bitcoin has slipped below the $64,000 mark after a period of relative consolidation. The cryptocurrency struggled to hold above $65,000 in the past week, with trading volumes remaining moderate.

The decline is attributed to profit-taking and broader macroeconomic uncertainty, including shifting expectations around U.S. interest rates and regulatory developments.

The $64,000 level has historically been a point of interest for traders. A sustained break below this threshold could open the door to testing the $62,000 support zone, which has held firm during previous pullbacks in October.