Bitcoin Reclaims $64K Ahead of FOMC Meeting Amid Broad Crypto Market Rally

Bitcoin has reclaimed its price above $64,000 ahead of the highly anticipated FOMC meeting. The cryptocurrency's price dropped below $62,800 on Tuesday but rebounded strongly to reach current levels. This move has also seen other larger-cap altcoins turn green, with XRP aiming to reclaim the $1.10 level.

Bitcoin's price was rejected at $67,000 last week and fell to under $63,600 on Friday before recovering over the weekend. The bulls stepped up after this decline and pushed bitcoin's price above $64,000 during most of the weekend.

Other notable gains include BEAT, which rocketed by over 30% in the past 24 hours after yesterday's crash. Pi Network's native token, PI, has also rebounded with a 5.5% surge, pushing it close to $0.08.