Bitcoin holds at $64,000 in anticipation of Fed's decision

11:34 - 29.07.2026


July 29, Fineko/abc.az. Bitcoin has grown slightly on Wednesday, holding near $64,000, as investors refrained from making large bets in anticipation of US Federal Reserve's monetary policy decision.

At the same time, the cryptocurrency demonstrated resilience despite renewed sales in AI-related technology stocks.

The world's largest cryptocurrency was traded up 1% at $64,075.5 as of 09:56 on Baku time.

In the previous session, Bitcoin fell below $63,000, following a global sell-off in stocks triggered by the AI sector.