Bitcoin’s price is nearing the $113,000 mark as institutional investors pour capital into the market. This surge coincides with heightened anticipation surrounding the upcoming Federal Open Market Committee (FOMC) meeting. 66.8 million dollars in institutional trades flowed into Bitcoin over the last week, signaling substantial interest and driving BTC dominance to over 59%. Bitcoin’s price action is bolstered by two key factors: institutional buying, especially from large exchanges like Deribit, and expectations surrounding the FOMC meeting. This bullish momentum creates a unique market dynamic in a traditionally bearish September for cryptocurrencies, as Bitcoin seeks to break through its historical resistance levels.