Bitcoin stayed close to the $63,000 level on Tuesday as investors waited for the outcome of the US Federal Reserve's policy meeting. The cautious tone in crypto markets persisted even though geopolitical tensions appeared to be easing.
The muted trading suggested that market participants were focused less on external political risks and more on the Fed's next signal. For digital assets, expectations around monetary policy often shape short-term sentiment, especially when traders are weighing risk appetite across global markets.
Over the previous 24 hours, Bitcoin fell 2.93%, showing that buyers were still hesitant ahead of the central bank decision. Ethereum also moved lower, dropping 4.31% over the same period, indicating broader pressure across major cryptocurrencies rather than a Bitcoin-only pullback.
With the Fed meeting in focus, the crypto market remained in a holding pattern. Bitcoin's ability to stay near $63,000 pointed to some support at that level, but the overall mood remained cautious as investors waited for fresh direction from US policymakers.
