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Bitcoin Tops
$65,000 as Easing Tensions and Lower Oil Prices Lift Sentiment
Washington, 27
Jul 2026 (ONA) — Bitcoin climbed above $65,000 today, buoyed by easing Middle
East tensions and falling oil prices, as investors turned their focus to the
Federal Reserve’s upcoming policy decision.
The world’s
largest cryptocurrency rose 1.5 percent to $65,405.40, recovering some of last
week’s losses as risk appetite returned to markets.
Ethereum, the
second-largest digital asset by market value, gained 4.1 percent to $1,959.92.
XRP rose 1 percent to $1.109, Solana climbed 2 percent, while Dogecoin slipped
0.8 percent.
The rally
followed a decline in geopolitical fears that had weighed on markets, with
lower oil prices reinforcing expectations of easing global inflationary
pressures. A weaker dollar also supported demand for dollar‑denominated assets,
including cryptocurrencies.
Investors are
awaiting the Federal Reserve’s policy meeting this week, with rates expected to
remain unchanged, while watching for signals on the future monetary policy
path.
Cryptocurrencies
remain sensitive to interest rate expectations, with higher rates weighing on
risk assets and rate‑cut hopes typically boosting demand.
Markets are
also eyeing earnings from major US tech names — including Microsoft, Meta,
Apple and Amazon — for their impact on sentiment in risk assets.
—
Ends/Khalid