BTC, ETH, SOL, ADA Pull Back Ahead of Fed Meeting Where Rate-Cuts Expected

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BTC, ETH, SOL, ADA Pull Back Ahead of Fed Meeting Where Rate-Cuts Expected Market depth in smaller tokens remained thin, echoing the uneven liquidity that has characterized December trading so far. By Shaurya Malwa Updated Dec 10, 2025, 5:18 a.m. Published Dec 10, 2025, 5:18 a.m. What to know : Bitcoin briefly surpassed $94,000 before retreating to $92,500, as investors await a key Federal Reserve decision. Altcoins showed mixed performance, with Ether rising 7% and Cardano jumping 8.5%. Analysts debate whether Bitcoin's recent volatility signals a market bottom or continued uncertainty. Bitcoin briefly traded above $94,000 on Tuesday before slipping back toward $92,500 in Asian morning hours Wednesday, a swing that revived bullish positioning but left the market exposed ahead of one of the most consequential Federal Reserve decisions of the year. The move came as Asian equities traded mixed, with investors waiting for clarity on the Fed’s policy path and the tone of Chair Jerome Powell’s final press conference of 2025. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Altcoins were mixed. Ether rose 7% in the past 24 hours to trade around $3,320, extending its weekly gain to nearly 10%. Solana added over 5%, while dogecoin advanced 5%. Cardano outperformed with an 8.5% jump on the day and nearly 6% in the week. All tokens pulled back 1-2% in Asian morning hours as traders likely took profits on the move overnight. XRP added a smaller 2% over 24 hours and remains down 4% on the week, while BNB, USDC and TRX traded flat. Market depth in smaller tokens remained thin, echoing the uneven liquidity that has characterized December trading so far. Bitcoin’s rebound was helped by a surge in social sentiment. Blockchain analytics firm Santiment said the level sparked a wave of retail optimism, noting that “traders FOMO back in and expect higher prices” as calls for “higher But sentiment cooled quickly. BTC slipped back under $93,000 in late Asian trading, prompting renewed debate over whether the move was technically meaningful or simply another stop-hunt inside the broader $86,000–$94,000 range. Some analysts argued the volatility spike may actually mark exhaustion. CF Benchmarks research analyst Mark Pilipczuk said in an email that bitcoin has posted “a classic volatility spike, with realized volatility rising above implied volatility for the first time in months.” He noted that historically, this crossover “has occurred eight times, and in six cases it aligned with bitcoin bottoming and the start of a recovery.” Bitget CEO Gracy Chen added that crypto remains more vulnerable than equities, stating: “Bitcoin’s consolidation in a broad $86,000–$94,000 range shows a market that doesn’t have enough anchors to make a decisive move.” Meanwhile, in global markets, Chinese stocks fell after fresh data showed inflation ticked higher in November, diminishing prospects for additional domestic easing. Japanese equities edged lower, while South Korea and Taiwan saw modest gains. Silver extended its rally to a record high and the dollar steadied, reflecting a wider market still unsure whether global central banks are comfortable loosening financial conditions into 2026. With Fed policy, global equity sentiment and crypto-specific flows now intersecting, the next major move will depend less on Tuesday’s breakout and more on whether bitcoin can reclaim the $94,000–$96,000 band after Powell’s remarks — or whether macro caution sends it sliding back toward the mid-$80,000s. More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Bitcoin Holds Near $92K as Selling Cools, but Demand Still Lags By Sam Reynolds 3 hours ago ETF inflows have finally turned positive, but weak on-chain activity, defensive derivatives positioning, and negative spot CVD show a market stabilizing without the conviction needed for a sustained move higher. What to know : Bitcoin markets in Asia are stabilizing but remain structurally weak, with short-term holders dominating supply. U.S. ETF flows have shown signs of stabilization, but on-chain activity remains near cycle lows, indicating weak capital inflows. Bitcoin and Ether have seen price recoveries driven by spot demand and improved sentiment, while gold is supported by U.S. labor data and Fed rate cut expectations. 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