Today’s encryption prices: Bitcoin decreased to less than 94 thousand dollars before the Federal Reserve decision

the Encryption Less traded on Monday, when investors are waiting for the United States Federal ReserveThe interest rate decision later this week. Bitcoin 1.4 % slipped to 94,587 dollars from 12:01 pm, after touching the highest level between 96,089 dollars. ethereum It decreased by 1.5 % to $ 1815, while the world Crossing market cover 1.05 % decreased to $ 2.95 trillion.

altcoins She also faced a sale, as Shiba Inu, Dogecoin and Cardano decreased by more than 1 %. XRP 1.4 %, BNB 1 %, toncoin 1.7 %, and HEDERA 1.4 %.

Bitcoin The maximum market It decreased to $ 1.879 trillion, with its dominance to reduce it to 63.69 %. Meanwhile, daily encryption trading volume increased by 31.6 % to 21.52 billion dollars, dramatically led by Stablecoins, which represents more than 91 % of the activity.

“Bitcoin is again in the Tawheed area between 91,500 dollars and $ 96,000,” said Bayush Waki, derivative research analyst in Delta Bursa. He pointed out that the current price procedure is the formation of the style of science and the pole – a bullish sign that can pay about $ 100,000 if it is confirmed in a large size.Shifam Thakal, CEO of Buyucoin, said the market “is preparing for the decision of the Federal Reserve,” where investors tend to stop the changes in prices amid total uncertainty. He added: “Gold is gaining strength, but BTC carried a company over a mark of $ 94,000.”

Also read: The encryption market regains the upscale momentum amid economic transformations and institutional flows

According to Vikram Subburaj, CEO of Giottus, liquidity may be tested near $ 91,000 in the near term. “Reducing the interest rate will enhance feelings, although analysts do not see this as a possible result,” he said.

In addition to cautious optimism, the co-founder of Mudrex and CTO Alankar Saxena indicated that Bitcoin recently recorded more than 925,000 active addresses in one day-which is higher in six months-which leads to strong strong network activity. “The Federal Reserve can ignite the Duofish rally towards a sign of $ 100,000,” Saxina said, as the following main resistance witnessed about $ 97,900.

With the decision of the Federal Open Market Committee (FOMC), it is possible that the encryption investors will remain ready, which weighs the macroeconomic signals against the technical market signals.

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