Bitcoin Trades Near $64K Amid Fed Uncertainty
Bitcoin traded near $64,000 on Friday, showing little change over the past day as investors weighed softer US inflation data against the Federal Reserve's still-hawkish stance.
The cryptocurrency was last trading at $63,940, with Bitcoin and Ethereum down 0.10% and 0.93%, respectively, over the past 24 hours.
Some experts see key support for Bitcoin in the $63,800-$64,000 range, while others point to resistance around $65,300-$65,500.
Vikram Subburaj, CEO of Giottus, advises investors against chasing short-term price movements and instead recommends staggered accumulation, limited leverage, and disciplined position sizing.