Bitcoin price falls below $64K ahead of Fed decision

Bitcoin traded near $63,490 on July 28 after falling below $64,000 during a broad risk-off move across Asian markets. Summary Bitcoin traded near $63,490, down 2.85%, as South Korea’s KOSPI triggered a circuit breaker Tuesday. $11.64 million left U.S. spot Bitcoin ETFs Monday, while IBIT posted the largest fund outflow. Wallets holding 10 to 10,000 BTC accumulated 19,696 coins during the latest eight-day period tracked. According to crypto.news market data, BTC dropped about 2.85% over 24 hours, with a daily range between approximately $63,055 and $65,546 at the time checked. The decline began after U.S. markets closed Monday and accelerated as South Korean technology shares sold off. Bitcoin dropped from nearly $65,000 to around $63,200 before recovering slightly, while ether, XRP and solana also weakened. The move places BTC back inside the lower half of its recent $60,000–$66,000 range. Technical momentum has softened, although compressed volatility, whale accumulation and the approaching Federal Reserve decision leave the next direction unsettled. Asian equity losses added pressure to Bitcoin price South Korea’s KOSPI fell more than 8% on Tuesday morning, forcing the Korea Exch...