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Bitcoin and major cryptos slide as Fed signals hawkish stance; $64,000 key support for BTC rebound.

Market News
18 Jun 2026
Benzinga
View Source
Neutral
pluang ai news

Leading cryptocurrencies including Bitcoin, Ethereum, XRP, and Dogecoin fell amid a hawkish shift in the Federal Reserve's policy. Bitcoin dropped to the low $62,000s, with long liquidations surging and market sentiment showing 'Extreme Fear.' Despite this, analysts highlight $64,000 as a critical support level for Bitcoin, suggesting a rebound to $69,000 if it holds. Stocks rebounded after initial sell-offs, but crypto market cap declined to $2.17 trillion, reflecting ongoing volatility as investors digest Fed signals.

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