Bitcoin climbed to about $65,500 on Tuesday, marking a two-week high. This surge follows a reversal in the semiconductor selloff that had previously dragged crypto lower, with Asian chip stocks leading a broader risk rally. What happened The largest cryptocurrency rose 1% on the day and 5% on the week, with roughly $33 billion changing hands. This positive sentiment can be partly attributed to the upcoming Federal Reserve meeting at the end of July, which traders view as a key test for the current rally. Market Limitations Despite the recent gains, several factors may limit investor conviction. Crypto prices remain relatively low, making some traders cautious. Additionally, spot volumes are subdued, and the prospect of further rate hikes by the Federal Reserve keeps markets on edge. It's crucial for investors to stay informed about these developments. For more detailed information, check out the full article at the source. This article is not financial advice. Always do your own research before making decisions about your money. Read the full article