BTC/USD hits a weekly low as concerns grow over potential corporate sales and Fed policy uncertainty ahead of today’s rate decision.
Bitcoin fell to $64,500, its lowest level this week, as traders braced for the Federal Reserve’s interest-rate decision later today. The decline reflects broader unease over potential sales by Strategy, which may need to liquidate BTC holdings to fund dividends after a $1.5 billion buyback.
BTC/USD has struggled to regain the $66,000 mark, underperforming broader markets despite optimism in equities. Analysts note that Fed meetings historically trigger volatility, while corporate selling pressure adds to downside risks. The Fed’s decision is expected at 2:00 p.m. Eastern time.
Trading data showed a modest rebound after the dip, though sentiment remains cautious. Strategy’s BTC holdings have become a focal point for investors assessing near-term price stability.