CoinEx Daily: Bitcoin Rises Toward $77,000 Before Fed on Cautious Sector Positioning

Daily View

Bitcoin traded up toward $77,000 ahead of the Fed decision, with price action supported by renewed institutional-interest narratives but still framed by cautious positioning after recent weakness. Macro conditions remain the key driver, as markets weigh the rate outlook alongside softer equity sentiment, a firm U.S. dollar, and broader geopolitical risk tied to Hormuz-related headlines. Overall crypto market sentiment is mixed to cautious: Bitcoin is showing relative resilience, but weaker trading activity, pressure on crypto-linked equities, and ongoing regulatory noise are keeping broader risk appetite contained.