Bitcoin Dips Near $64,000 as Rising Yields and Oil Prices Weigh on Markets

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Bitcoin fell approximately 0.6% from midnight UTC, hovering around the $64,000 level amid broader market pressure. US equity futures also declined, with Nasdaq 100 futures slipping 1.1% as rising yields and oil prices dampened investor sentiment. The crypto market's cautious tone comes ahead of two key events scheduled for Wednesday. Traders are closely watching the release of the Federal Open Market Committee's July meeting minutes, which could signal the Fed's next policy moves. A White House crypto summit is also set for Wednesday, adding further significance to the day for digital asset markets.

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