Golden Finance reports that K33 Research states that despite global de-risking leading to a decline in stock markets, Bitcoin has still slightly risen in the past day, with its 30-day Nasdaq correlation climbing above 0.50. Analysts indicate that the December FOMC meeting is seen as a major catalyst for the decline in risk assets, as the Federal Reserve has revised its expectation for interest rate cuts in 2025 from four times down to two. Analysts also note that although global stock indices are down, as the market processes the Federal Open Market Committee (FOMC) meeting on December 18, Federal Reserve Chairman Jerome Powell stated that the pace of monetary easing in 2025 will slow, Bitcoin remains strong.