Crypto Market Update 🚹📉 (Dec. 18, 2024):

📊 Fed Update:

đŸ”» Rate Cut: Fed lowers rates by 0.25% to 4.25%-4.50%.

🛑 Slower Cuts Ahead: 2025 projection raised to 3.9% 📈.

đŸ”„ Inflation Woes: Expectations climb to 2.5% for 2025.

💰 Market Reaction:

#Bitcoin: $101K (-3.27%) 😬

#Altcoins: Feeling the heat! đŸ”„

#XRP: -6.99%

#ADA: -4.98%

#LTC: -10% 🚹

Stablecoins like USDT & USDC remain strong near $1 đŸ’Ș.

💡 Key Insights:

🏩 Tight financial conditions & a strong đŸ’” dollar challenge #crypto markets.

🔒 On-chain data shows fewer BTC on exchanges, signaling supply tightening.

Will #Bitcoin bounce back? 🚀 Let us know your thoughts! 👇

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