Bitcoin Holds Above $64K as Fed Rate Uncertainty and Iran Tensions Keep Crypto Markets on Edge

Bitcoin (BTC) held above the $64,000 level on July 31, 2026, despite mixed macro signals. The coin gained 0.63% over the past 24 hours, with a trading volume of $11.65 billion.

The Federal Reserve's rate hold and escalating US-Iran tensions kept crypto markets cautious, even as Bitcoin found short-term stability above key support.

The Fed held interest rates at 3.50%-3.75% on July 29, its fifth straight pause. Lower borrowing costs typically make risk assets like Bitcoin more attractive to investors.