Bitcoin and Altcoins Drop Ahead of Fed Meeting

Bitcoin briefly exceeded $94,000 as investors awaited an important Federal Reserve decision, before pulling back to $92,500. During this process, there was a mixed performance among altcoins.

Ethereum saw a 7% increase, while Cardano gained 8.5% in value.

Analysts are debating whether Bitcoin's recent fluctuations are a sign of the market bottom or a reflection of ongoing uncertainty.