Bitcoin rebounds from $69,500 as Fed stance weighs on gold below $4,700
Bitcoin (BTC) bounced from an intraday low near $69,500 and reclaimed $70,000, revisiting its 2021 peak area while maintaining a higher local trading range. A hawkish Federal Reserve message kept pressure on risk assets, and gold slid 2.3% to under $4,700 per ounce for the first time since Feb. 6. Traders said BTC may need a weekly close near $75,000, while one analyst flagged the low $60,000 zone as a potential buy area if revisited.
