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Bitcoin’s tight consolidation just below $120,000 suggests the bulls are holding on to their positions as they anticipate an uptick in volatility.

Traders anxiously await today’s FOMC results to see if a surprise Fed rate cut could ignite a Bitcoin rally toward $140,000.

Ethereum price is painting an ascending triangle pattern breakout with a price target of around $16,700.

Most of XRP’s recent losses occurred during the $175 million transfer period linked to the Ripple co-founder.

Bitcoin price remains rangebound ahead of the FOMC, as traders keep an eye on overhead resistance at $120,000 and several key support levels below.

Bitcoin short-term holders are in charge of nearby BTC price support, but this risks a drop to $110,000, new Glassnode research warned.

Traders cut risk ahead of Wednesday’s Federal Reserve decision on interest rates, and a long-awaited crypto policy report from the White House.

XRP futures data shows neutral sentiment despite the altcoin’s double-digit price drop from $3.66.