Bitcoin Price Holds Firm Above $65K as Fed Rate Decision Looms

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

After a period of volatility, the cryptocurrency is trading in a relatively tight range, reflecting a market that has regained some confidence.

Institutional fund flows and broader macroeconomic developments continue to influence sentiment, leaving traders cautious ahead of the next major catalyst.

Bitcoin's recovery has extended its positive momentum over longer timeframes, with gains of about 2% over the past week, nearly 4% over the last two weeks, and more than 8% during the previous 30 days.