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cryptoJun 18, 2026, 5:04 PM

Bitcoin Dips Below $64K After Fed; Glassnode Warns of Bear Zone

Bitcoin fell below $64,000 following the Fed meeting. Glassnode reports it remains in bearish territory. Tether is winding down its Alloy project and aUSDT token, while the Aztec network suffered a $2 million exploit.

BTCUSD

Bitcoin dropped below the $64,000 mark after the latest Federal Reserve meeting, according to market data. On-chain analytics firm Glassnode notes that Bitcoin has stayed in a bearish zone, suggesting sustained downward pressure.

In related crypto news, Tether announced it is winding down its Alloy platform and the associated aUSDT token. Meanwhile, the Aztec network experienced a $2 million exploit involving an outdated smart contract. The market sentiment remains cautious as these developments unfold.

Source: ForkLog