For external BitLocker-encrypted drives, you normally do not need to decrypt them for a BIOS/UEFI update. BIOS update warnings mostly apply to the Windows system drive, because BitLocker on the OS drive can be tied to TPM, Secure Boot, and firmware measurements. If those measurements change during a BIOS or TPM firmware update, Windows may ask for the BitLocker recovery key at startup. Microsoft recommends suspending BitLocker before manufacturer firmware updates, TPM firmware updates, or other updates that modify boot components. Suspending is not the same as decrypting; the data remains encrypted, but BitLocker temporarily allows the system to boot through the firmware change.
So the practical approach is:
If your C: drive is BitLocker-encrypted, suspend BitLocker before the BIOS update, then resume it afterward.
For extra caution, disconnect external drives during the BIOS update unless the update process specifically requires them connected.