Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump
Summary
Bitcoin (BTC) stabilizes around $41,000 ahead of the U.S. interest rate decision. Ether (ETH) declines below $2,200. Altcoins such as Polkadot (DOT), Cosmos (ATOM), and Injective (INJ) perform well, while Avalanche (AVAX) overtakes dogecoin's market cap. Celestia TIA and Aptos' token (APT) also see gains. The CoinDesk Market Index (CMI) is up 1.2%. The Federal Reserve is expected to hold rates steady, and investors will watch for signs of potential rate cuts next year. A pause in rate hikes could be seen as a bullish signal for the market.
