$BTC Analysts say BTC dominance soars, volatility may come before FOMC

Bitcoin continues to maintain its dominance in the cryptocurrency market, with its dominance index reaching the highest level since 2018, as investors await the impact of the U.S. Federal Reserve's policy meeting, with Bitcoin prices stabilizing between $94,000 and $95,000. In contrast, the CoinDesk 20 index has seen a slight decline, and other cryptocurrencies like Ethereum, Sui, and Aptos have performed poorly. Traditional stock markets have also faced consecutive declines.