Crypto Market Update đšđ (Dec. 18, 2024):
đ Fed Update:
đ» Rate Cut: Fed lowers rates by 0.25% to 4.25%-4.50%.
đ Slower Cuts Ahead: 2025 projection raised to 3.9% đ.
đ„ Inflation Woes: Expectations climb to 2.5% for 2025.
đ° Market Reaction:
#Bitcoin: $101K (-3.27%) đŹ
#Altcoins: Feeling the heat! đ„
#XRP: -6.99%
#ADA: -4.98%
#LTC: -10% đš
Stablecoins like USDT & USDC remain strong near $1 đȘ.
đĄ Key Insights:
đŠ Tight financial conditions & a strong đ” dollar challenge #crypto markets.
đ On-chain data shows fewer BTC on exchanges, signaling supply tightening.
Will #Bitcoin bounce back? đ Let us know your thoughts! đ
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