WHAT HAPPENED OVERNIGHT? July 30 to July 31 @Bitcoin is currently trading around $64,400 and has significantly recovered following the latest Fed decision. The area above $64,000 remains defended for now. @Ethereum is currently trading around $1,900 and also shows stability. ETH continues to benefit from the positive overall sentiment in the crypto market. The U.S. Federal Reserve left interest rates unchanged, as expected. Investors are viewing this positively for risk assets overall, despite the Fed’s continued cautious statements. Institutional investors remain active. Interest in Bitcoin persists, as companies continue to expand their $BTC holdings and commit to the asset class for the long term. The crypto market as a whole remains favorable. No major liquidations occurred, reinforcing the market’s healthy structure. Bitcoin mining and crypto stocks rose significantly, supported by momentum from the technology sector and the ongoing AI boom. In the short term, the range between $64,000 and $65,000 remains the key resistance zone. A sustained breakout above this level could trigger the next upward move. 🐺Don’t miss a thing? Follow now!