Bitcoin rose slightly before the announcement of the Federal Reserve decision, with cautious trading in the market.

Bitcoin rose slightly, with investors awaiting the Federal Reserve's decision. The Fed is expected to maintain interest rates, and investors will be watching for any signals regarding the possibility of further rate cuts in the future. Bitcoin has gradually recovered from the five-week low earlier this week, but still remains within a recent range. Analysts at Shengbao stated in a report, "The price trend indicates that the market is digesting gains rather than accelerating higher." "Stable prices and cautious fund flows suggest that investors are sensitive to macro signals while maintaining exposure, especially the Federal Reserve decision on Wednesday." These analysts said that cryptocurrencies tend to react to changes in risk appetite. Data from the London Stock Exchange Group shows that Bitcoin rose 0.4% to $89,344.