Bitcoin's Rally Hit by Central Banks and Commodity Surge

Bitcoin's recent rally hit a wall on Monday, with its price slipping back below $74,500 after briefly reaching $76,000.

The market is now waiting for key decisions from the Federal Open Market Committee (FOMC) and the Bank of Japan, which could impact risk appetite and cryptocurrency prices.

Geopolitical tensions have also driven up oil and metals prices, potentially drawing capital away from cryptocurrencies.