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Bitcoin slides below $64,000 amid Fed rate decision and semiconductor selloff
Bitcoin fell below the $64,000 mark, trading in the $63,300‑$63,900 range as investors awaited the U.S. Federal Reserve’s policy meeting. The cryptocurrency’s price drop coincided with a broader risk‑off move triggered by a sharp sell‑off in Asian semiconductor stocks: South Korea’s KOSPI index fell 10.8%, Japan’s Kioxia Holdings dropped 18.3% and Micron Technologies slipped more than 10% to a low not seen since May 22. In the crypto market, long Bitcoin positions were liquidated for over $510 million in roughly 24 hours, while open interest in Bitcoin futures rose to a two‑month high, driven chiefly by leveraged trading on Binance. Analysts noted that Bitcoin faces a critical resistance zone near $74,255; a decisive breakout above that level would be needed for a bullish reversal, whereas failure to do so could see the price slip toward support around $63,300. The Federal Reserve was expected to keep its benchmark rate unchanged at 3.5%‑3.75%, adding to market uncertainty. Overall, the confluence of central‑bank policy expectations, heavy derivatives activity and a semiconductor‑driven equity sell‑off created heightened volatility for Bitcoin and related crypto assets.
Entities
Binance · Bitcoin · Bitcoin · Federal Reserve · KOSPI · Kevin Warsh · Kioxia Holdings · Meta Platforms · Micron Technologies · Nasdaq Composite · SK Hynix · South Korea
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Bitcoin price fell below $63,000 for the first time since July 17. www.cryptobreaking.com · dinardetectives.com
- [○ 1 SOURCE] Combined 2026 AI infrastructure capex guidance from Alphabet, Microsoft, Amazon and Meta is projected at $725‑730 billion.
- [● 3 SOURCES] SK Hynix shares fell 14.8% during the sell‑off. www.cryptobreaking.com · dinardetectives.com
- [● 3 SOURCES] The Nasdaq Composite index was down more than 1% as tech stocks fell. www.cryptobreaking.com · dinardetectives.com
- [● 3 SOURCES] South Korea's KOSPI index dropped 10.8% in a single day. www.cryptobreaking.com · dinardetectives.com
- [● 3 SOURCES] Kioxia Holdings fell 18.3% on the day. www.cryptobreaking.com · dinardetectives.com
- [● 3 SOURCES] Micron Technologies stock fell over 10% at the open, reaching its lowest level since May 22. www.cryptobreaking.com · dinardetectives.com
- [● 3 SOURCES] Crypto long positions were liquidated for more than $510 million in a 24‑hour period. www.cryptobreaking.com · dinardetectives.com
- [● 3 SOURCES] Bitcoin futures open interest reached a two‑month high, driven primarily by activity on Binance. www.tronweekly.com · en.coin-turk.com
- [● 2 SOURCES] Asian semiconductor sell‑off triggered a risk‑off move that pushed Bitcoin lower. www.cryptobreaking.com · dinardetectives.com
- [○ 1 SOURCE] More than $100 million in crypto positions were liquidated within a short period. www.tekedia.com
- [○ 1 SOURCE] Meta Platforms reported a 2026 AI‑capex floor of $130 billion. en.coinotag.com