Bitcoin Slides Amid Fed Uncertainty and Geopolitical Tensions

Bitcoin's recent rally has stalled as investors face uncertainty over Federal Reserve policy and escalating geopolitical tensions. The price of Bitcoin (BTC) has fallen back toward the $62,500 to $63,000 support area after failing to sustain gains above the $64,500 to $65,000 resistance zone.

The move reflects fading bullish momentum, with short-term moving averages starting to turn lower and increasing the risk of additional weakness if support fails. The macro backdrop remains challenging for digital assets, with rising U.S. Treasury yields and a stronger dollar reducing investor appetite for risk assets, including cryptocurrencies.

Institutional flows have become less supportive in recent days, with significant outflows from U.S. spot Bitcoin ETFs following renewed concerns over Federal Reserve policy and geopolitical uncertainty. However, daily flows have stabilized, but buying remains selective rather than broad-based, suggesting institutions are waiting for greater macro clarity before rebuilding positions.