Bitcoin Stabilizes Above $65K as Fed Decision Looms

Bitcoin's price has stabilized above $65,000 after a recent recovery from volatility. The asset is trading in a relatively tight range as market participants await the US Federal Reserve's interest rate decision and fresh guidance on monetary policy.

The latest price action reflects a market that has regained some confidence after a period of uncertainty. However, institutional fund flows and broader macroeconomic developments continue to influence sentiment, leaving traders cautious ahead of the next major catalyst.

Bitcoin has climbed back above $65,000 following a period of weakness earlier in the month. Over the past 24 hours, the cryptocurrency has posted a gain of around 1%, trading between roughly $64,870 and $65,653.