According to reporting from CoinDesk, Bitcoin has held its ground near $65,000, even as stocks related to AI, such as Nvidia, experienced a sharp decline.
This resilience in the face of a broader market selloff is notable, but analysts believe the upcoming Federal Reserve meeting could be a pivotal moment for Bitcoin's price trajectory.
Based on statements from analysts, the decision made at the Fed meeting could either propel Bitcoin to break through current resistance levels or cause it to revisit the lows seen in June.