Wow, the crypto market's been a wild ride lately. Bitcoin recently hit an all-time high of over $107,000, fueled by optimism around President-elect Trump's pro-crypto stance and plans for a U.S. bitcoin strategic reserve.
But just when everyone was getting excited, the Federal Reserve threw a curveball. They announced fewer rate cuts than expected for 2025, which dampened the mood and led to a market pullback.
Now, things feel eerily quiet. Even with all the buzz, trading volumes have dropped, and the market seems to be in a lull. It's strange to see such inactivity during what's supposed to be a bull run.
This unexpected behavior has everyone scratching their heads, wondering what's next for crypto.