Bitcoin traded near $64,000 on Tuesday, declining 0.6% since midnight UTC as broader financial markets faced downward pressure from rising Treasury yields and surging oil prices.
The pullback in digital assets mirrored traditional markets, where Nasdaq 100 futures slipped 1.1% amid ongoing macroeconomic headwinds.
Investors turned their attention toward upcoming catalysts scheduled for Wednesday, including the release of the Federal Open Market Committee's July meeting minutes and a high-profile White House cryptocurrency summit. Market participants are looking to the FOMC minutes for further signals regarding the central bank's interest rate trajectory, while the administration's summit brings regulatory and digital asset policy back into focus.
