$BTC cryptocurrency market is experiencing a period of consolidation, with major assets showing slight declines:
$BTC : Currently trading at $93,981, down 0.3% from the previous close.
$ETH : Priced at $1,785.35, reflecting a 1.2% decrease.
$XRP : Trading at $2.09, down 3.1%.
These movements come ahead of the Federal Reserve's upcoming interest rate decision, with markets anticipating that rates will remain unchanged. Bitcoin is one of the most popular cryptocurrencies in the market. First introduced in 2009 by Satoshi Nakamoto, Bitcoin continues to be the top cryptocurrency by market capitalization. Bitcoin paved the way for many existing altcoins in the market and marked a pivotal moment for digital payment solutions.
As the world’s first cryptocurrency, Bitcoin has come a long way in terms of its value. Bitcoin crossed $108K, reaching an all-time high in December 2024.