BTC below $118K as market awaits Fed decision, Four emerges as top gainer

Key Points

1. Bitcoin's price is stuck below $118,000 due to investor caution ahead of the Federal Reserve's interest rate decision, with expectations of rates remaining steady.

2. The total cryptocurrency market capitalization fell by over 5%, and the Crypto Fear and Greed Index increased slightly to 74, supported by US-China diplomatic talks.

3. Altcoins posted limited gains, with Four leading with double-digit increases, while Ethereum and other large-cap altcoins showed mixed performance.

4. Analysts suggest Bitcoin's next move depends on Federal Reserve Chair Jerome Powell's remarks, with key resistance levels at $120,000 and support around $114,000-$116,000.

5. Sygnum's Q3 2025 Investment Outlook indicates the potential start of an altseason, noting a shift in market conditions and a drop in Bitcoin's dominance.