{"id":205846,"date":"2026-07-29T09:26:18","date_gmt":"2026-07-29T09:26:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=205846"},"modified":"2026-07-29T09:26:18","modified_gmt":"2026-07-29T09:26:18","slug":"bitcoin-reclaims-64k-ahead-of-fomc-meeting-pi-networks-pi-rebounds-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=205846","title":{"rendered":"Bitcoin Reclaims $64K Ahead of FOMC Meeting, Pi Network\u2019s PI Rebounds: Market Watch"},"content":{"rendered":"

Bitcoin\u2019s price dipped below $62,800 yesterday in a de-risking move from investors ahead of the FOMC meeting, but it has rebounded swiftly to over $64,000 now.<\/p>\n

Most larger-cap alts have turned green as well, with XRP aiming at $1.10 once again. UNI is up by over 5%, while ADA has gained more than 4%.<\/p>\n

BTC Jumps Ahead of FOMC<\/h2>\n

BTC was rejected at $67,000 last week, and the subsequent leg down pushed it south to under $63,600 on Friday. The bulls finally stepped up after this rather substantial decline given the current dull market phase, and bitcoin remained at around $64,000 during most of the weekend.<\/p>\n

It even climbed slightly on Sunday following some de-escalation news on the US\/Iran front. More profound increases<\/a> came on Monday morning when the asset priced in the lack of new attacks between the US and Iran and jumped to $65,600 on a couple of occasions.<\/p>\n

However, it failed there quickly and tumbled hard on Tuesday. Just a day before the most unpredictable FOMC meeting in years<\/a>, the cryptocurrency dumped<\/a> below $62,800, losing $3,000 in less than a day.<\/p>\n

Nevertheless, it has bounced off rather nicely over the past several hours, currently trading well above $64,000. Its market capitalization has risen to $1.290 trillion on CG, while its dominance over the alts has jumped to 57%.<\/p>\n

<\/a>BTCUSD July 29. Source: TradingView<\/p>\n

BEAT Rockets, PI Rebounds<\/h2>\n

Most larger-cap alts have posted some gains over the past 24 hours, led by XRP and ADA. The former is up by 3% to $1.09, while the latter has jumped by 4.4% and now sits at $0.165. ETH has reclaimed the $1,900 level, while XMR is up to $350. UNI has added over 5% of value, followed by SKY, ONDO, and TAO.<\/p>\n

In contrast, NEAR has dumped by another 5%, followed by LTC and ZEC. BEAT is by far the biggest gainer over the past 24 hours, surging by 35% to $3.75. Pi Network\u2019s native token follows suit. A 5.5% surge from PI has pushed it close to $0.08 after it dumped<\/a> to $0.074 yesterday.<\/p>\n

The total crypto market cap has recovered $40 billion since yesterday\u2019s low and is up to $2.270 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview July 29. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post Bitcoin Reclaims $64K Ahead of FOMC Meeting, Pi Network\u2019s PI Rebounds: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price dipped below $62,800 yesterday in a de-risking move from investors ahead of the FOMC meeting, but it has rebounded swiftly to over $64,000 now. Most larger-cap alts have turned green as well, with XRP aiming at $1.10 once again. UNI is up by over 5%, while ADA has gained more than 4%. BTC […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-205846","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/205846"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=205846"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/205846\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=205846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=205846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=205846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}