$BTC Bitcoin (BTC) is currently trading around $94,237, experiencing a slight dip of 0.2% ahead of the Federal Reserve's upcoming interest rate decision. The market anticipates that the Fed will maintain current rates, but any dovish signals could boost investor sentiment toward risk assets like cryptocurrencies.

Despite this minor pullback, institutional interest in Bitcoin remains strong. Companies like MicroStrategy have significantly increased their BTC holdings, and spot Bitcoin ETFs continue to see substantial inflows.

Analysts suggest that this correction may be temporary, with projections indicating a potential rise toward $109,575 by early June.