Bitcoin stable at $64,000 amid Fed uncertainty

12:08 - 31.07.2026


July 31, Fineko/abc.az. Bitcoin was traded on Friday almost unchanged at $64,000, despite growth of the tech sector. Pressure is exerted by uncertainty over the rates of the Federal Reserve System and geopolitical risks in the Middle East.

The cryptocurrency could gain about 10% in July after falling more than by 20% a month earlier, but the market remains cautious due to the lack of clear signals from the regulator, unlike stock market's growth supported by Microsoft's strong earnings.