$BTC Bitcoin trades near $97,000 ahead of US Fed policy meeting; Altcoins jump up to 13%

Bitcoin briefly surpassed $97,000 amidst a broad cryptocurrency rally, fueled by anticipation surrounding the US Federal Reserve's interest rate decision and easing geopolitical tensions. Ethereum also saw gains, contributing to a global crypto market capitalization of $3 trillion.

Bitcoin holds near $94k as crypto market dips ahead of Fed decision

The cryptocurrency market experienced a slight downturn as investors awaited the U.S. Federal Reserve's policy announcement. Bitcoin remained relatively stable around $94,000, while altcoins faced larger declines. Market analysts pointed to technical indicators, institutional activity, and macroeconomic uncertainties as factors influencing market behavior, with Bitcoin dominance increasing amid risk-off sentiment.

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Crypto prices today: Bitcoin falls below $94k ahead of Fed decision

The crypto market dropped as investors awaited the US Federal Reserve's rate decision. Bitcoin slipped 1.4%, Ethereum 1.5%, and altcoins also faced pressure. Market sentiment remains cautious with a potential rally if the Fed adopts a dovish stance.