Bitcoin Volatility Ahead of Fed Rate Cut
Update: 2025-12-10
Description
Bitcoin surged to a three-week high earlier this week, reaching $94,625, driven by positive social media sentiment and a fear of missing out among investors. However, the cryptocurrency quickly retreated to around $92,400, leaving analysts uncertain about its next move. Some investors suspect the sudden spike was manipulated for profit. The Federal Reserves interest rate decision today could significantly impact Bitcoins future, with a quarter-point rate cut expected but any hesitation potentially causing a negative reaction in the crypto market.
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