Bitcoin rose slightly at the end of a turbulent week.

Bitcoin rose slightly, as market expectations for another interest rate cut by the Federal Reserve at Wednesday's meeting supported risk appetite. After soaring nearly 500% on its Shanghai debut, concerns about overvalued AI-related stocks eased, boosting the cryptocurrency. Bitcoin's performance was volatile this week, experiencing its largest drop since March on Monday before rebounding above $90,000. BCA Research strategist Artem Sakhbiev said in a report, "Despite recent volatility, the fundamental narrative for Bitcoin remains unchanged, and institutional adoption continues to expand." According to data from the London Stock Exchange Group, Bitcoin rose 0.1% to $92,258. The cryptocurrency hit a two-week high of $94,082 on Thursday and a one-week low of $83,873 on Monday.