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Bitcoin briefly broke below $63,000 as US semiconductor stocks dragged equities lower, then recovered to $63,591 on Binance (-0.32%) and 92.23 million won on Upbit (-0.99%) as of 8:20 a.m. on the 29th, with ETH down 0.87%. The partial rebound reflects shifting Fed rate-path expectations, keeping BTC trading as a high-beta proxy for NASDAQ and UST yield moves rather than on crypto-specific flows. The FOMC decision and dot-plot guidance are the immediate catalysts; a hawkish surprise would pressure the $63,000 support again, while dovish signals could reprice risk appetite higher.
As a Crypto signal, watch whether it changes price action, volatility, or flows around BTC, ETH, IXIC.
Original Source: 블록미디어
This page is market information analysis, not investment advice.
Influencer Threads
Crypto Wendy O expresses her opinion that the CLARITY Act will not pass, but predicts one more altcoin season will still happen, including memecoins. This is the author's personal market view on regulation and altcoin cycles, without supporting data in the post.
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