The price of encryption today: Bitcoin decreased to less than 102,000 dollars before the Federal Reserve Bank decision; Altcoins decreased to 6 %

BitcoinThe largest encrypted currency in the world, depending on the market value, was circulated to less than 102,000 dollars on Wednesday, before American federal reserveAn amended decision later in the day.

As of 11:00 am, Bitcoin decreased by 1 %, trading it at 101,990 dollars, while ETHEREUM decreased by 2.8 % to $ 3.123.

“Bitcoin unifies between $ 100,000 and 102,000 dollars where the markets are waiting for the FOMC meeting today, which is the first decision of the 2025 monetary policy. While inflation has eased, it remains higher than the goal, which makes it possible to preserve the Reserve Bank The federal price is fixed at 4.25 % -4.50 %, said Alakar Saxina, co -founder and CPO from Mudrex.

“If the Federal Reserve Chair adopts a honesty, Bitcoin may suffer from some temporary fluctuations. The main levels that must be seen are resistance at $ 10200 and support at $ 99,330,” Saxina added.

Coinswitch Markets Office Commenting, “The markets remain on the edge of the abyss before the FOMC decision, with the pricing of the CME Fedwatch tool at a possibility of 99 %+ to not reduce prices. Given the increasing uncertainty, it is expected that the fluctuation will remain high, and merchants are advised to exercise caution.”

The Federal Reserve is expected to maintain the lending rate at its policy meeting, which concludes later in the day. The central bank’s comments on the future prices will be, following the call of US President Donald Trump to low interest rates, decisive for global markets, which affect foreign flows. Treasury revenue increased overnight, while the dollar is strengthened. Technological recovery helped to recover the Wall Street shares, after a sharp drop on Monday, which was ignited by the low -cost Chinese artificial intelligence model.Also read: The biggest disruption in the stock market in February: The author of Abi Rich Abi, the poor Robert Keusaki

Other major altcoins, including Solana (-4.8 %), BNB (-1 %), DOGECOIN (-3 %), Cardano (-1.6 %), Tron (-2 %), Avalanche (-3.5 %), ChainLink (-1.6 %) (-5.5 %), star (-2.7 %), Hedra (-4.7 %), sui (-6 %), and Shiba Inu (-5 %) witnessed decreases.

The global market value of the cryptocurrency has decreased by 1.53 % over the past 24 hours to approximately 3.47 trillion dollars. Stablecoins is now 90.26 % of the total coding market over 24 hours, at $ 101.94 billion.

The maximum Bitcoin market decreased to $ 2.025 trillion, and its size decreased 24 hours by 47.93 % to 42.93 billion dollars.

Also read: Federation Budget 2025: The perfect moment to explore the VDA opportunity

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