Bitcoin Stalls Near $64K Amid Fed Uncertainty
Bitcoin's price remained steady near $64,000 on Friday, as investors weighed softer US inflation data against the Federal Reserve's hawkish policy stance. According to Vikram Subburaj, CEO of Giottus, the immediate support for Bitcoin lies in the $63,800, $64,000 range, followed by a stronger on-chain demand zone near $63,000.
Nischal Shetty, founder of WazirX, noted that the crypto market continues to trade under the influence of global macroeconomic sentiment. Approximately $144.63 million in long positions were liquidated during the recent pullback, and investor sentiment remains cautious with the Crypto Fear & Greed Index at 34.
Avinash Shekhar, Co-Founder and CEO of Pi42, said Bitcoin is trading around $64,000, reflecting a market that balances macroeconomic uncertainty with resilient institutional participation. Despite near-term volatility, Bitcoin continues to find support from steady institutional interest, growing futures activity, and sustained participation across the broader digital asset ecosystem.