Bitcoin Turns Lower Ahead of Fed Decision — Market Talk

Bitcoin turns negative ahead of the Federal Reserve's decision on interest rates. Data from Deribit shows that investors are largely holding calls for expiration July 31, with the majority of calls landing around $71,000. Those holding puts are largely holding them around $60,000, which is below the near-term support levels seen for bitcoin in today's trading. Bitcoin is down 0.2% to $63,759, while ethereum falls 1.1% to $1,895 and solana drops 1.1% to $73.17. XRP is one of the few major cryptocurrencies that are managing to stay positive today, up 0.9% to $1.07. ([email protected])