Bitcoin Surges Past $96,400 Ahead of FOMC Meeting, Altcoins Show Mixed Movement

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Bitcoin’s price has been fluctuating between $93,000 and $97,000 for about a week. In anticipation of the upcoming FOMC meeting, the cryptocurrency has seen a surge of over two percent in the last 24 hours.

Currently, Bitcoin is trading at $96,490 on international exchanges. Indian exchanges reflect a similar upward trend, with a 2.33 percent increase bringing the trading price to $94,875 as of Wednesday, May 7th. This suggests a positive, albeit volatile, sentiment surrounding Bitcoin as investors anticipate potential policy shifts following the FOMC meeting.

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