Bitcoin
Why Bitcoin is down 1.1% in the last hour
Analysis
Bitcoin slipped 1.1% over the past hour as traders likely turned cautious ahead of a “high-stakes” upcoming Fed meeting that could set the next macro direction for risk assets, per CoinDesk. While there were supportive longer-term signals—Strive adding 79 BTC (CryptoPotato) and Benchmark highlighting Strategy’s strengthened capacity to keep acquiring bitcoin (The Block)—those headlines didn’t appear to offset near-term macro uncertainty in this window.
Contributing Factors (3)
Bitcoin shrugs off AI selloff but high-stakes Fed meeting could determine what's next
BTC held near $65,000 even as Nvidia and AI stocks fell sharply. This week's Fed decision could determine whether bitcoin finally breaks higher or revisits June's lows, analysts said.
Strive Buys Another 79 BTC, Bringing total to 20,000
The publicly traded company announced its new treasury reserves тодаъ, making it the 7th largest corporate holder of BTC.
Benchmark reiterates $570 Strategy target, says cash reserve strengthens bitcoin acquisition plan
Benchmark reiterated its $570 Strategy target, citing disciplined capital allocation, growing cash reserves and continued long-term BTC plan.
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