K33 Research report states that despite global de-risking leading to a decline in stock markets, Bitcoin has still seen a slight increase over the past day, with its 30-day correlation to Nasdaq rising above 0.50. Analysts indicate that the December FOMC meeting is viewed as a major catalyst for the decline in risk assets, as the Federal Reserve has revised its expected rate cuts for 2025 from four times to two.

Analysts state 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 has indicated that the pace of monetary easing will slow in 2025, Bitcoin remains strong.