Bitcoin price decreases to $ 94,000 in front of the FOMC meeting, with the slowing of Altcoin momentum

Bitcoin witnessed low prices during the weekend, days after it rose to $ 97,000 at the end of last week. On Monday, the Bitcoin price decreased by approximately 2 percent on international stock exchanges, trading at 94,407 dollars (about 79.5 rupees). On Indian stock exchanges, the BTC price decreased by 2.25 percent, amounting to 94,413 dollars (about 79.5 Rs. Gadgets 360 market analysts have told the FOOC Open Market Committee (FOMC) (FOMC) caution.

“Bitcoin It is traded at $ 94,400 (about 79 Cham rupees) where investors are optimistic with caution before the FOMC meeting scheduled for this week in the United States. Bitcoin is now facing resistance near the highest previous level of 97,900 dollars (about 82.5 Rs for Cham), while the main support is 92,000 dollars (about 77.5 Rs.

Similarly, ether The price decreased by 1.77 percent at the last 24 hours in the world exchanges. Coinmarketca data currently shows ETH trading at $ 1,806 (about 1.52 ru rupes) on Monday. On Indian stock exchanges, ETH witnessed a decrease in the price of 3.81 percent to circulate at $ 1809 (about 1.52 rupees of Cham).

“Investors seek stability amid fluctuations. We expect the market to remain in the short term in the short term, with the possibility of stopping the total feelings and institutional flows,” said Avenash Sheikhd, co -founder and CEO of Pi42 on Monday.

the Track encryption prices By Gadgets 360 showed that most Altcoins prices fell on Monday.

These include rippleand Solanaand Collapseand excellentAnd Sheba Eno.

Moneroand Chronusand EOS currencyAnd ELROND They were also traded with lower values ​​on Monday.

The total encryption market has decreased by 1.50 percent over the past 24 hours, up to 2.94 trillion dollars (about 2,47,70,431 rupees), according to Coinmarketcap.

“The Bitcoin price continues to decrease after the weekly trade is closed on Haboodi’s note. Most of the alcumat faces remarkable upward pressure. The encryption market seems to have entered into a tradition.

Some altcoins remained affected by the current slowdown, and its prices rose on Monday. These include You seeand Leoand cornAnd ribbed.

In his opinion, the Coinswitch Markets Office described the market morale, due to the commercial negotiations of the United States of China and the positive trend prevailing in the traditional markets with the S&P 500 and Nasdaq Composite, both closing the week by 1.5 percent. Industry analysts advised investors to be cautious.

“The institutional interest rises, with the exploring the distinctive asset financing and the Blockchain boxes. While optimism is clear, traders must remain cautious near psychological levels like $ 100,000, where fluctuation tends to rise.

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