Bitcoin Holds Near $64K as Markets Assess Fed Outlook and Geopolitical Risks

Bitcoin Holds Near $64K as Markets Assess Fed Outlook and Geopolitical Risks

Bitcoin traded around $64,748 on Friday, remaining within a recent trading range after the Federal Reserve kept interest rates unchanged earlier this week. Investors also continued monitoring geopolitical developments in the Middle East, which have contributed to cautious sentiment across financial markets.

According to Investing.com real-time data, Bitcoin traded between $63,592 and $65,121 during the session. Over the past 12 months, the cryptocurrency has declined about 44.1%, with a 52-week trading range of $57,832 to $126,186.

Market attention remained focused on the Federal Reserve after policymakers left rates unchanged while providing limited guidance on the future policy outlook. At the same time, ongoing tensions in the Middle East continued to influence broader market sentiment.

Bitcoin remained close to recent price levels as investors assessed macroeconomic developments alongside digital asset market conditions. Other major cryptocurrencies also traded within relatively narrow ranges during the session.

Market participants will continue monitoring upcoming U.S. economic data, Federal Reserve communications and geopolitical developments for further indications of market direction.

Sources: Reuters, Investing.com real-time market data.