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Bitcoin is trading near $76,314, down 2.39% on the day, as investors brace for a Federal Reserve interest rate decision and a critical Senate vote on crypto market structure.
The digital asset opened Tuesday at $78,185 and hit an intraday low of $76,076, marking its weakest close since a recent golden cross in technical indicators. The broader market is reflecting a risk-off sentiment.
Stock futures slipped Tuesday morning as traders priced in the possibility of a rate hike rather than a cut.
The S&P 500 and Nasdaq both opened lower, while the 10-year Treasury yield approached its highest levels since 2023.
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