Well, well, well, if it isn’t the cryptocurrency market spicing things up just before the Federal Reserve drops its rate cut bombshell later today (December 10). You’d think these digital coins have a calendar, right? 🗓️
Bitcoin decided to put on a show and briefly surged to around $94,500 – as if it was trying to outshine that boring old gold medalist. But, like any good drama, it fizzled out faster than your enthusiasm for Monday mornings. Ethereum (ETH) and a smattering of other popular altcoins? They didn’t just sit around; they went for the gold, bagging even more impressive gains in the last 24 hours. Talk about making the charts pop! 📈✨
BTC Heads North (And Then South, Because Why Not?)
Our friend Bitcoin had a brief flirtation with the $94.5K mark, thanks to the forecasted Fed rate cut percentage sky-high at 96% (Polymarket don’t lie). Jerome Powell, the Fed’s main man, is set to give his quyết định later, which is probably going to make things even more unpredictable – because nothing says “boring Tuesday” like market volatility. 🤷♂️
Spilled tea: Bitcoin’s momentum was more fleeting than a pizza delivery on a Friday night, allowing the bears to swoop in and snatch some gains. Currently, it’s hanging around the $93K mark, a modest 3% bump in the daily report card. As of today, its market cap has nudged close to $1.85 trillion, and it’s bossing over altcoins with a dominance of roughly 55.38%. Just your average digital dragon, really. 🐉
Altcoins: Not Just Side Hustles Anymore
Meanwhile, Ethereum decided to turn into the star of the show, jumping a fiery 9% to hover around $3,350, with Cardano (ADA) following suit, pumping by 12% to touch $0.47 – because why settle for less? In the background, Avalanche, Polkadot, and a bunch of other coins joined the green parade, clocking in gains of 5% to 8%. Zcash? It’s trailing slightly but is above $430, because even blockchain currencies like to keep it classy. 💅
On the not-so-glittery side: Pi Network, Bittensor, Tron, and Bitcoin Cash are throwing minor tantrums with slight losses. The total crypto universe? It’s basking at roughly $3.26 trillion, up by 3.3% from yesterday – the financial equivalent of “we’re doing okay, don’t @ me.”
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2025-12-10 14:37