Crypto Market Update 🚨📉 (Dec. 18, 2024):
📊 Fed Update:
🔻 Rate Cut: Fed lowers rates by 0.25% to 4.25%-4.50%.
🛑 Slower Cuts Ahead: 2025 projection raised to 3.9% 📈.
🔥 Inflation Woes: Expectations climb to 2.5% for 2025.
💰 Market Reaction:
#Bitcoin: $101K (-3.27%) 😬
#Altcoins: Feeling the heat! 🔥
#XRP: -6.99%
#ADA: -4.98%
#LTC: -10% 🚨
Stablecoins like USDT & USDC remain strong near $1 💪.
💡 Key Insights:
🏦 Tight financial conditions & a strong 💵 dollar challenge #crypto markets.
🔒 On-chain data shows fewer BTC on exchanges, signaling supply tightening.
Will #Bitcoin bounce back? 🚀 Let us know your thoughts! 👇
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