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Bitcoin briefly surpassed $94,000 before retreating to $92,500, as investors await a key Federal Reserve decision.
Altcoins showed mixed performance, with Ether rising 7% and Cardano jumping 8.5%.
Analysts debate whether Bitcoin's recent volatility signals a market bottom or continued uncertainty.
Bitcoin briefly traded above $94,000 on Tuesday before slipping back toward $92,500 in Asian morning hours Wednesday, a swing that revived bullish positioning but left the market exposed ahead of one of the most consequential Federal Reserve decisions of the year.
BNB
889.37
+2.52%
BTC
92,174.78
+2.43%
