Bitcoin Steadies Above $116,400 as Ether and Other Altcoins Show Resilience

Bitcoin traded above $116,400 (roughly Rs. 1.02 crore) on Monday as traders awaited the Fed’s rate cut decision. Ethereum consolidated at $4,660 (roughly Rs. 4.11 lakh), while Solana and BNB showed strong momentum. Market optimism is supported by ETF inflows, stablecoin supply growth, and whale accumulation. Analysts highlight $117,500 as key resistance for Bitcoin, with support at $115,000, as broader sentiment across altcoins remains bullish.

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