**Bitcoin Dips Below $65K Amid Fed Decision and Middle East Tensions**

Bitcoin has slipped below $65,000, trading at $64,470, following the Federal Reserve's decision to keep interest rates steady at 5.25% to 5.5%. The dip comes amid escalating conflicts in the Middle East, including reports of Hamas leader Ismail Haniyeh's assassination in Tehran.

Fed Chair Jerome Powell noted the economy's "solid pace" and a significant drop in inflation from 7% to 2.5%. However, consumer spending has slowed. Market analysts are optimistic about a potential rate cut in September if inflation continues to decline.

Crypto commentator Seth highlighted Bitcoin's oversold status as a potential buy signal.