Bitcoin is currently trading at $77,159, consolidating near the $77,000 mark as traders anticipate the US Federal Reserve's upcoming rate decision. Analysts indicate that a breakout above $80,000 could result in over $1.2 billion in short liquidations, shifting market momentum positively. In the last 24 hours, Bitcoin and Ethereum saw slight increases of 0.5% and 2%, respectively, while other major altcoins experienced mixed results. The global cryptocurrency market capitalization rose by 0.2% to reach approximately $2.57 trillion. Despite recent gains, Bitcoin has struggled to maintain momentum above the upper-$78,000 range, with market conditions indicating a cautious sentiment among investors due to geopolitical tensions and expectations surrounding the April Consumer Price Index report, which will provide insights into inflation trends. The market remains vigilant as the Fed's decision could impact borrowing costs and overall market dynamics.