Bitcoin shrugs off AI selloff but high-stakes Fed meeting could determine what's next
CoinDesk·
60-second summary
Bitcoin remains near $65,000 as investors shrug off the AI sector's sharp decline, with Nvidia stocks plummeting. The upcoming high-stakes Fed meeting this week will be crucial in determining whether bitcoin finally breaks higher or revisits June's lows, according to analysts, who warn that the central bank's decision could have significant implications for the cryptocurrency market's trajectory.
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.