Bitcoin is trying to find balance at $90,000.

Bitcoin Price Remains Stable

Bitcoin erased its modest gains made in the early hours and continued to move in a narrow range around $90,000 during the United States session. Rising long-term bond yields and a pullback in small-cap United States stocks adversely affected investors' risk appetite.

Anxiety Ahead of the Federal Reserve Meeting

Investors are closely watching the Federal Reserve meeting scheduled for this week. Bitfinex analysts pointed out that Bitcoin has been relatively weak compared to United States stocks. This situation stems from limited market demand and structural weaknesses.