Bitcoin Price Stalls as Market Turbulence Returns

Bitcoin is facing a difficult stretch as the price slipped to $64,466 during Sunday trading. This drop wiped out the momentum that briefly carried the digital asset above $66,900 earlier in the week. The recent action shows traders remain cautious as price swings become more common.

Market participants are currently balancing several pressures. The upcoming Federal Reserve meeting is keeping investors on edge regarding interest rate policies. Meanwhile, discussions surrounding the CLARITY Act and ongoing debates regarding network forks add layers of confusion that tend to dampen bullish sentiment.

Looking ahead, the market is searching for a clear direction. While buyers previously showed support near the $57,700 level after last month's dip, the current lack of strong buying volume makes it hard for prices to sustain a rally. Traders should watch these key support levels closely to see if the recent floor holds firm through the week.