Bitcoin Holds Steady Amidst Market Uncertainty: Fed Decision Looms Large

Bitcoin (BTC) remains above $96,500, drawing investors despite a market downturn. While altcoins remain subdued, the strength of Bitcoin’s rally suggests its impact on broader crypto markets is yet to unfold. However, analysts anticipate a sustained upward trajectory, particularly if the Federal Reserve maintains rates or implements rate cuts as expected. 3-4 rate reductions are anticipated this year by traders and investors.