Bitcoin Drops Below 64000 After Fed Holds Rates and Signals Higher for Longer Path

Bitcoin slipped below 64000 after the Federal Reserve held rates at 3.50% to 3.75% and published a more hawkish dot plot. CryptoQuant analyst Axel Adler said BTC fell about 4% from its intraday high, reversing from roughly 66400 to around 63870 on higher volume, and is consolidating near 63600 to 64000.