Bitcoin has had a volatile trading week following the year-end FOMC meeting. Although the Fed reduced interest rates by 25 basis points, BTC dropped sharply from $108,000 to $92,000. However, on Christmas Eve, Bitcoin surged above $99,000 before adjusting to $98,000. Currently, BTC's market capitalization stands at $1.940 trillion, accounting for over 54% of the altcoin market.
Altcoins have also shown positive growth. Ethereum is nearing $3,500, while AVAX increased nearly 5% to over $40. The total cryptocurrency market capitalization has risen by more than $100 billion, approaching $3.6 trillion. 🌟