Today’s encryption price: Bitcoin trades above $ 83,100 before FOMC meeting; Toncoin, stars rise more than 5 %

Bitcoin and the main cryptocurrencies rose on Wednesday before the Federal Reserve Monetary Decision, while investors evaluated the potential impact of Trump tariff Policies.

The Federal Reserve Bank is widely expected to maintain interest rates unchanged in a policy statement, as well as an updated summary of economic expectations (SEP).

The markets are currently pricing in about 60 basis points of price cuts this year, although federal reserve officials have indicated a cautious approach, pending economic data before making any shifts in politics.

As of 12:15 am, Bitcoin increased by 1 % at $ 83,174, while ETHEREM gained approximately 2 % to 1935 dollars. The ceiling of the global Crypto market has increased by 0.79 % to $ 2.72 trillion over the past 24 hours.“The markets have maintained a cautious but optimistic tone with the development of a two -day Federal Reserve meeting. While there are no price discounts, investors are monitoring any transformation in the event of economic uncertainty,” said Shifam Thakal, CEO of Buyucoin.

“Bitcoin is still about $ 83,000, and shows early accumulation signs, according to Glassnode data. Historically, this transition from distribution to accumulation signals on recovery, indicating the interest of the investor, witnessed Alankar Saxena, co -founder, and CTO from Mudrex.” Saxina added that the federal reserve is tightening quantitative, which enhances the investor’s confidence. Can Bitcoin decrease to $ 20,000 if Nasdak falls in the bear market?

Between Altcoins, XRP increased by 1.6 %, Solana gained 2 %, Cardano increased by 1.2 %, and Dogecoin added 1 %. TONCOIN, Stellar and Avalanche increased between 3 % and 5 %.

Bitcoin Market value It rose to $ 1.65 trillion, with hegemony by 60.63 %. The trading volume has decreased 24 hours by 3 % to 23.82 billion dollars, while Stablecoin sizes constituted 94.39 % of the total encryption trading at 67.17 billion dollars, according to Coinmarketcap.

Technology view by Sathvik Vishwanath, co -founder and CEO, UNOCOIN

Bitcoin 85,000 dollars should turn in support for $ 90,000, and EMA restore for 200 days. Bitcoin’s investment funds witnessed 274 million dollars on March 17, and bulls support. Bears aim at levels below $ 78,000, with major support at $ 74,000, $ 71,300, and $ 66,810. BTC 86,250 dollars should return to confirm the bullish momentum.

Also read: TROMP Strategic Bitcoin Strategic Plan: What is the following for encryption? This is what the experts believe

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