7/28/2026
Bitcoin Falls to $63,000 as Fed Decision Looms and Crypto’s Landmark Legislation Loses Momentum
Bitcoin dropped more than 2% Tuesday to trade just above $63,000, its lowest level in ten days, as three separate pressures converged on the world’s largest cryptocurrency at once. A broader rout in AI-related chip stocks has weighed on risk sentiment across markets. Ambiguity ahead of the Federal Reserve’s policy decision Wednesday has kept traders cautious. And momentum behind crypto’s most significant pending legislation in Congress appears to be fading just as a key deadline approaches.
0
3 min read