Bitcoin Rebounds to $65K After 15% Dip, But Fed Policy Looms as a Risk
• Bitcoin rebounded to $65K after dipping over 15% from last week's record high • Investors trimming risks ahead of Fed's decision on Wednesday, which poses a risk to crypto prices • Concerns that strong US economic data and persistent inflation may lead Fed to adopt less investor-friendly stance • Bitcoin's price drop coincided with disappointing inflows into US-listed bitcoin ETFs • A hawkish message from the Fed could curb risk appetite, weighing further on crypto prices