Fed Rate Pause Boosts Bitcoin Above $64,000

Bitcoin continued its upward trend on Thursday, July 30, as investors reacted positively to the U.S. Federal Reserve's decision to keep interest rates unchanged.

The world's largest cryptocurrency held firm above the $64,000 mark, despite lingering geopolitical tensions and mixed economic signals.

Analysts attribute Bitcoin's gains to renewed institutional buying, improving spot Bitcoin ETF inflows, and resilient technical indicators.

Traders now await fresh U.S. economic data for clues about the market's next move, with some experts noting that a sustained move above $65,000 could strengthen bullish momentum.