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The Economic Times
The Economic Times
Business
Surbhi Khanna

Bitcoin hovers near $63K ahead of Fed rate decision as investors assess liquidity outlook

Bitcoin US Federal Reserve Ethereum Prateek Gupta Riya Sehgal BNB ETF Oil

Bitcoin hovers near the $63,000 mark on Monday as markets turned their attention to the Federal Reserve’s rate decision. The cryptocurrency was trading near the $63,336 mark.

In the past 24 hours, Bitcoin and Ethereum were up 0.53% and 0.75% respectively. Among the major altcoins, Tron, Hyperliquid, Dogecoin rallied upto 2.81% whereas BNB, XRP, Solana, and Cardano fell upto 1.48%.

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