Bitcoin has reached a new milestone, surpassing $106,000, as investor anticipation builds ahead of the Federal Reserve's final meeting of the year. Market participants widely expect a 25-basis-point rate cut, which could further bolster Bitcoin's appeal by potentially weakening the US dollar. This surge in Bitcoin's value is also influencing stock market sentiment, with investors closely monitoring its impact.

In Europe, stock markets display mixed performances amid political uncertainties in Germany and a credit downgrade for France. Meanwhile, Asian markets are reacting to disappointing retail sales data from China, highlighting ongoing economic challenges. As the Fed's decision looms, global markets remain attentive to potential shifts in economic policy and their implications for various asset classes, including cryptocurrencies.