Bitcoin drops below $64,000 as Fed’s split rate decision hits markets

Stocks and cryptocurrencies sold off after the Federal Reserve delivered its second most divided rate decision since 1992, with Solana also falling below $73.

Summary

Bitcoin fell below $64,000 and Solana dropped under $73 as crypto and stock markets sold off following a sharply divided Federal Reserve rate decision. The source described the decision as the U.S. central bank’s second most divided since 1992, a sign investors may read as heightened uncertainty around the policy path and risk assets.

Terms & Concepts
  • Federal Reserve: U.S. central bank
  • Solana: Blockchain network with native token SOL