
Bitcoin Dips Below $64K as Fed Rate Hike Fears Rise
Bitcoin briefly fell under $64,000 as rising U.S. bond yields increased expectations of Federal Reserve rate hikes. Binance reportedly stepped in to prevent a deeper drop in BTC prices.
10 stories about Fed from across the crypto press, curated and summarized daily. Most recent: Jul 24, 2026.

Bitcoin briefly fell under $64,000 as rising U.S. bond yields increased expectations of Federal Reserve rate hikes. Binance reportedly stepped in to prevent a deeper drop in BTC prices.

Federal Reserve Chair Kevin Warsh stated that the Fed will not rescue failing crypto firms, emphasizing that the industry must manage its own risks. This comes as regulators work on finalizing rules under the GENIUS Act.

Crypto markets ended the week stronger after weak U.S. jobs data lowered the chances of a Federal Reserve interest rate hike. Uniswap also gained following a partnership with Robinhood.

Bitcoin surged to $60,000 after weaker U.S. economic data suggested the Federal Reserve might slow interest rate hikes. This marks a significant recovery from a 21-month low, boosting investor confidence.

Bitcoin is hovering near $60,000 as US spot Bitcoin ETFs recorded $1.79 billion in outflows last week, the largest weekly withdrawals since their launch. Analysts cite growing fears of a Federal Reserve rate hike and a broader sell-off in the AI sector as key drivers. The $60,000 level is a critical support that, if broken, could lead to further declines.

Allium, a blockchain data startup, secured $40 million in Series B funding to enhance its infrastructure for institutional clients like Visa and the Federal Reserve. This highlights growing interest in onchain analytics from traditional financial players.

The Federal Reserve proposed requiring stablecoin issuers to verify customer identities before account opening or direct token redemption, extending bank-style anti-money laundering standards to stablecoins.

Most major cryptocurrencies fell between 1% and 3% following the Federal Reserve's decision, with bitcoin dropping to $64,150, reflecting broader market sensitivity to monetary policy shifts.

Former President Donald Trump has directed the Federal Reserve to review crypto firms’ access to payment systems, potentially impacting how crypto companies operate. This could lead to stricter regulations or more open access to traditional banking services for crypto firms.

Kevin Warsh, known for his open-minded stance on cryptocurrency, has been confirmed as the new Federal Reserve Chair. His appointment could signal a more crypto-friendly approach to regulation and policy.