Bitcoin Stabilizes at $105K Amid Fed Rate Decision & Middle East Tensions

Bitcoin Stabilizes at $105K Amid Fed Rate Decision & Middle East Tensions
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Bitcoin has stabilized around $105,000 after recent volatility driven by Middle East tensions and anticipation of the Federal Reserve’s interest rate decision. Altcoins continue to struggle, with Ethereum nearing $2,500 and XRP dropping 3%. Market uncertainty persists as geopolitical risks and monetary policy loom.

  • Bitcoin rebounded to $109,000 before facing rejection, now stabilizing near $105,000 ahead of the Fed's rate decision.
  • Middle East tensions, including Israel-Iran clashes and Trump's threats, triggered sharp BTC price swings between $103,000 and $109,000.
  • Altcoins like Ethereum and XRP extended losses, with the total crypto market cap dropping $60 billion in 24 hours.
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