Bitcoin Price Consolidates Before Fed’s Rate Decision

Following a brief surge exceeding $113,000, Bitcoin’s price has stabilized around $111,500. While the rebound provides optimism for crypto traders, questions remain: Is this rally rooted in solid fundamentals or driven by speculative bubbles fueled by leverage? Analysts hold contrasting views on the market’s stability, with some pointing to technical factors while others raise concerns about a fragile rally reliant on derivatives rather than genuine spot demand.