Bitcoin Price Hovers Above $100,000 Despite 3.3 Percent Drop Ahead of US Federal Open Market Committee Meeting

The overall crypto market cap dropped by 1.17 percent in the last 24 hours. Bitcoin and Ether, both showed losses ahead of the FOMC meeting scheduled for Wednesday, January 29. Most altcoins including Solana, Dogecoin, and Shiba Inu registered losses.

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