Bitcoin Reclaims $66k and Nvidia Surges Ahead of Today's FOMC

Risk appetite is seeing a tactical lift this morning as markets digest a reported easing of US-Iran geopolitical tensions [1][2]. However, the broader market tone is highly defensive heading into the afternoon. With the Federal Reserve’s interest rate decision, FOMC economic projections, and Jerome Powell's press conference dominating the calendar today, expect liquidity to thin out as institutional money waits for macro clarity. Beneath the macro surface, the AI infrastructure arms race continues to command capital. Nvidia successfully placed a heavily oversubscribed $25 billion bond [3], highlighting the massive financing required to sustain chip production. Amazon is echoing this capex push with…