Bitcoin hovered near $65,000 on Monday ahead of the FOMC meeting. US spot Bitcoin ETFs experienced net outflows, limiting upward momentum for the cryptocurrency. Broader macroeconomic uncertainty and geopolitical tensions also contributed to investor caution. The global crypto market capitalization saw a slight increase to $2.24 trillion. Market sentiment remains under fear despite a slight improvement in the fear and greed index.

Bitcoin bounced between $63,700 and $65,406 on July 25 as the Fear & Greed Index held at 27 and BTC ETFs saw $225M in outflows.

Bitcoin hovered near $65,000 on Monday ahead of the FOMC meeting. US spot Bitcoin ETFs experienced net outflows, limiting upward momentum for the cryptocurrency. Broader…