BTC and ETH move in opposite directions as investors await the Fed’s rate decision amid Middle East tensions.
Bitcoin (BTC) opened at $63,853.49 on Wednesday, up 0.2% from Tuesday, and climbed to $64,244.18 by 8:56 a.m. ET. Ethereum (ETH) started the day at $1,919.73, a 1.5% gain from Tuesday, but fell to $1,904.82 in early trading.
Over the past week, BTC has declined 4%, while it remains up 7.3% over the last month but down 45.9% year-over-year. Ethereum’s performance was not fully detailed, though BTC’s all-time high stands at $126,198.07, reached in October 2025.
Market focus shifts to the Federal Reserve’s rate decision later today, with crypto investors weighing the potential for a ‘hawkish hold’ or an unexpected rate hike. Geopolitical tensions in the Middle East have added volatility to the session.