Bitcoin Holds Above $65K as Fed Decision Looms

Bitcoin's price has stabilized above $65,000 as investors await the US Federal Reserve's interest rate decision and fresh guidance on monetary policy.

The cryptocurrency has bounced back from recent volatility, with a gain of around 1% over the past 24 hours, trading between roughly $64,870 and $65,653.

Despite this recovery, Bitcoin remains below its 2025 record high of more than $126,000, down approximately 25% this year.

The rebound has been supported by improving risk appetite across global financial markets, with tensions between the United States and Iran easing and oil prices falling by about 5%, reducing inflation concerns.