Bitcoin surges to $66k amid Fed meeting and tech earnings optimism

Bitcoin jumped from around $58,000 to over $66,000 in a single trading day as large institutional investors on Wall Street poured money into Bitcoin exchange‑traded funds and investors rallied around expectations for the U.S. CLARITY Act, which seeks to clarify regulatory treatment of digital assets. At the same time, U.S. equity markets showed heightened volatility ahead of the Federal Reserve’s policy meeting, with technology giants such as Microsoft, Meta Platforms and Amazon preparing to release earnings. Weak performances by Alphabet and Tesla dragged down major indexes, while rising oil prices pushed Brent crude past $100 a barrel, adding pressure on the Fed to consider a tighter stance on interest rates. Analysts expect the Fed to keep rates unchanged, but market participants remain cautious amid the mixed signals from cryptocurrency and AI‑focused stocks.