Bitcoin climbed above $64,400 after the Federal Reserve held its benchmark rate at 3.50%-3.75% on Wednesday, then gave back the move when Chair Kevin Warsh opened his press conference by saying, "There is no soft inflation target." BTC was trading just under $64,000 at press time, up about 1% over 24 hours, according to CoinGecko.

BTC slipped below $63K amid a wave of liquidations as traders brace for key FOMC rate decisions, core PCE inflation data, and tech earnings.

BTC recovered 0.75% to $64,328 as markets positioned cautiously ahead of the Fed's rate decision, with inflation at 4.1% keeping a hike firmly on the table despite easing oil…