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Investors watch closely as Fed Chair Powell hints at potential rate cuts. Bitcoin stabilizes at $41,000, altcoins surge. Celestia TIA soars 20%, Aptos token rallies 16%, FOMC meeting looms

Bitcoin's turbulent ride and altcoin fluctuations unfold amidst market uncertainties, with all eyes on the upcoming FOMC meeting.

Fed Governor Waller hints at rate cuts amid economic shifts

Altcoins Surge, Bitcoin Hits 17-Year High, Fed Maintains Policy Stance

The Federal Reserve is set to announce its rate decision this Wednesday at 14:00 ET. Current pricing of bitcoin options indicates that the cryptocurrency is not anticipated to experience a movement of more than 3% by Friday.

On Tuesday, Bitcoin's attempt to stage a significant rally faced resistance, yet it managed to maintain its position above the $27,000 mark, closing the day at $27,180, marking a 1.4% increase over the past 24 hours.