Bitcoin trades near $65,000 ahead of FOMC amid ETF outflows and geopolitical concerns

Bitcoin consolidated near $65,000 while Ethereum traded around $1,944 ahead of the FOMC meeting, with global crypto market cap at $2.24 trillion. The fear and greed index stood at 37, reflecting cautious sentiment amid ETF outflows and geopolitical tensions including US-Iran conflict. Bitcoin has rebounded about 13% from its July 1 low of $57,754, though net inflows of only $33.9 million limited a decisive breakout.