Bitcoin has settled near the $64,000 mark after a volatile stretch surrounding the latest Federal Reserve meeting, while Pi Network continued its strong recovery and Talus (US) surged into the top 100 cryptocurrencies by market capitalization.
The Fed’s decision to keep interest rates unchanged matched market expectations, helping calm price swings across the crypto market. Although most large-cap altcoins traded slightly lower over the past 24 hours, Uniswap (UNI) posted solid gains, while HYPE led the losses.
Bitcoin Holds Above $64K After Volatile Week
Bitcoin started last week with a strong rally, climbing from below $64,000 to a monthly high of $67,000. However, the move stalled as buyers failed to overcome heavy resistance, sending the asset back toward $64,600 before slipping another $1,000 later in the week.
Despite the pullback, bulls defended the $64,000 area throughout the weekend. Bitcoin briefly rose to around $64,500 on Sunday and extended gains by another $1,000 on Monday as investors reacted positively to reports of easing tensions in the Middle East.
The recovery proved short-lived. Sellers quickly regained control, pushing Bitcoin below $62,800 on Tuesday as traders reduced risk ahead of the Federal Open Market Committee (FOMC) meeting.
Following the Fed’s decision to leave interest rates unchanged at 3.50%-3.75%, Bitcoin experienced another round of volatility, briefly climbing to $64,600 before falling to approximately $63,200.
Since then, the cryptocurrency has traded within that range and is currently hovering just below $64,000. Its market capitalization has eased to around $1.28 trillion, while Bitcoin’s market dominance has slipped to 56.3%.
Pi Network and Talus Lead Altcoin Gains
Among the strongest performers, Pi Network’s native token continued its recent rebound. After gaining another 6% over the past day, PI reclaimed the $0.08 level, which now appears to be acting as support. The latest rally followed the project’s announcement regarding the timeline for its next protocol upgrade.
Talus (US) delivered an even stronger performance, jumping 20% in the past 24 hours and an impressive 600% over the past month. The surge pushed the token into the top 100 cryptocurrencies by market capitalization.
Elsewhere, larger-cap altcoins saw more modest moves. Uniswap (UNI) and BEAT gained between 4% and 5%, while HYPE fell about 3% to trade below $54.
Dogecoin declined by more than 1%, and Ethereum, XRP, Solana, and RAIN also posted slight losses of up to 1% as the broader altcoin market remained relatively subdued.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
