CoinDesk·3 min read·medium
Bitcoin shrugs off AI selloff but high-stakes Fed meeting could determine what's next
K
Krisztian Sandor
✦AI Summary
Bitcoin and Ether are showing resilience despite volatility in the broader tech market, though analysts remain divided on whether this indicates a true breakout or a temporary range-bound trend. Upcoming Federal Reserve policy decisions and U.S. inflation data are expected to be the primary catalysts for the next market move.
BTC held around $65,000, up 4% since Friday, while ether (ETH) hit its strongest price in nearly two months. Meanwhile, Nvidia’s 4.8% decline led AI-favorites lower, even as the overall Nasdaq was about flat thanks to gains in hyperscalers Apple, Microsoft, and Google.
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