MediumNegative
Announced Thu, 18 Jun · 13:40 IST
Bitcoin trades near $64,000 despite hawkish Fed outlook; recovery attempt loses momentum
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Bitcoin hovered near $64,000 as a hawkish Federal Reserve outlook and risk-off sentiment capped recovery momentum. Liquidations, ETF outflows and weak institutional participation weighed on prices, with key support between $61,000 and $63,500 and resistance near $67,500 limiting any sustained near-term upside.