Bitcoin (BTC) Price: BTC Slides as Rate Hike Fears Return — Can $64,000 Support Hold?

Bitcoin dropped 0.69% to around $64,384, rejected at the $64,800–$65,000 resistance zone. U.S. initial jobless claims came in at 199,000 below the forecast of 204,000, signaling a tight labor market. Traders now price a 54.71% chance of a 25-basis-point Fed rate hike in September. Oil price surge and Strait of Hormuz tensions added pressure.