Bitcoin Holds Firm Above $65K Ahead of Fed Rate Decision

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

The cryptocurrency has been trading in a relatively tight range after recovering from recent volatility, with a gain of around 1% over the past 24 hours.

This recovery is part of a broader trend of improving risk appetite across global financial markets, supported by easing tensions between the United States and Iran.

The Federal Reserve's decision is expected to have a significant impact on market sentiment, with investors focusing less on the rate decision itself and more on what Federal Reserve Chair Kevin Warsh says about inflation, economic growth, and future monetary policy.