In Bitcoin news today, the price edged +1% higher to $64,250 on Wednesday morning, even as an AI-driven equity rout tore through Asian and semiconductor markets. Bitcoin is holding a level that growth stocks cannot, hours before the Federal Reserve delivers a rate decision that could entirely redraw the risk landscape.
BTC USD is recovering from a slide below $63,000 in the prior session when it briefly tracked the broader AI stock selloff lower. The bounce back above that threshold, modest as it is, carries more signal than the percentage move alone suggests.
Trading volume is also significant, at $62Bn over the past 24-hours, up $1Bn from yesterday, highlighting an influx of liquidity into the crypto markets. The total crypto market cap has surged by +0.8% overnight, currently at $2.28 trillion.
$BTC has gone down after the last 8 FOMC meetings.
July 2025: BTC dropped 5.87%.
— Ted (@TedPillows) July 28, 2026
Bitcoin News: Why is BTC USD Outrunning the AI Wreckage?
The scale of the damage in AI-linked equities on Wednesday morning was not subtle. South Korea’s KOSPI – the benchmark index for the Seoul Stock Exchange – slid more than 12% as a fresh wave of selling swept through chipmakers and AI hardware suppliers.
SK Hynix, the memory-chip giant whose high-bandwidth memory modules sit at the heart of AI accelerator stacks, saw its shares tumble as much as 20%. The trigger was a familiar one in this cycle: record quarterly earnings that still failed to clear the bar of what investors had already priced in.
Bitcoin slid below $63,000 on Tuesday as the rout was gathering momentum. By Wednesday morning it had climbed back to BTC $64K territory, a recovery that, while not dramatic in percentage terms, is meaningful when measured against what happened to semiconductor stocks over the same window.
The divergence reflects something that macro-focused analysts have repeatedly noted since early Q2 2026: Bitcoin has increasingly traded in line with broader risk assets over the past year, yet its drawdowns during acute AI-sector dislocations have been shallower than those of stocks most directly exposed to AI infrastructure spending.
That does not make BTC a safe haven in any classical sense; it remains a high-beta risk asset, but it does suggest the market is treating it as a different kind of risk from that of a company whose valuation depends on AI capex projections holding at current levels.
The FOMC 2026 Decision: What the Odds Actually Say
In other Bitcoin news, the Federal Reserve’s July 29 policy meeting is a significant event risk for all asset classes. According to CME FedWatch data, there’s a 68% probability that the Fed will keep its benchmark rate unchanged at 3.50–3.75%, with a 32% chance of a 25-basis-point hike.
This uncertainty is keeping traders cautious, leading to subdued volume and range-bound price action. A hike would tighten financial conditions and strengthen the dollar, negatively impacting non-yielding assets like Bitcoin.
The June 17 FOMC meeting offers a recent precedent: the Fed held rates steady but signaled potential future hikes, causing Bitcoin to drop about 2%.
Traders will also focus on the post-meeting press conference for hints about future rate changes and on the language used in the statement, as it carries significant weight alongside the rate decision.
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What’s at Stake in the Hours After the Decision
The post-FOMC window is crucial for price discovery. A neutral hold by Chair Warsh may keep Bitcoin in the $63,000–$65,000 range, while hawkish signals could pull it back to the lower end or test the fragile $63,000 level. An outright rate hike would likely push Bitcoin below $63,000, with $61,000–$59,000 identified as the next support cluster.
Conversely, a dovish hold, signaling an end to rate hikes and potential easing, could encourage upward movement. Options traders are building positions targeting $72,000, anticipating asymmetric upside if the Fed changes its stance.
Additionally, investors are watching earnings reports from Microsoft and Meta for insights into AI infrastructure spending, which could impact semiconductor valuations.
Since the beginning of 2026, market expectations for a Fed hike have risen to 32%. Bitcoin’s resilience in the $64,000 zone during this shift indicates how the market is reassessing the asset amidst multiple catalysts.
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