Bitcoin holds near $94k as crypto market dips ahead of Fed decision
The broader cryptocurrency market edged lower on Tuesday, with Bitcoin holding steady near the $94,000 mark amid investor caution ahead of the U.S. Federal Reserve’s policy announcement. Altcoins faced steeper losses, while market participants weighed technical signals, institutional activity, and macroeconomic uncertainties.
As of 11:17 AM IST, Bitcoin was down 0.2% at $94,371 after hitting an intraday high of $95,193. Ethereum fell 0.3% to $1,802, while the global crypto market cap slipped 0.38% to $2.93 trillion.
“Bitcoin is trading near $94,500, showing signs of consolidation after a steep rally,” said Sathvik Vishwanath, Co-Founder & CEO of Unocoin. “Technical indicators suggest weakening momentum, with RSI cooling near neutral…
