The fomc interest rate decision and chair powell's forward guidance are critical, with an expected 25 basis point cut. a dovish tone could significantly boost risk assets like crypto. additionally, a pending supreme court decision on 'reciprocal' tariffs could either remove inflation concerns and trade uncertainty (bullish) or maintain pressure.
Coindesk is a well-established and reputable source for cryptocurrency news and analysis, providing detailed day-ahead briefings and market insights based on fundamental economic events.
The potential for a dovish federal reserve, coupled with the possibility of the supreme court invalidating tariffs, creates a strong 'risk-on' scenario. this environment is generally favorable for cryptocurrencies, with ether (eth) and other altcoins (ada, xmr, zec) already showing significant gains against bitcoin (btc), indicating potential for broader market strength.
The immediate impact will be seen following the fomc announcement and supreme court decision, driving short-term volatility. however, if the 'risk-on' sentiment is confirmed by these events, it could set a bullish trend extending into the year-end and potentially the longer term.
Crypto Daybook Americas Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Ether, Silver in the Spotlight: Crypto Daybook Americas Your day-ahead look for Dec. 10, 2025 By Omkar Godbole | Edited by Sheldon Reback Dec 10, 2025, 12:15 p.m. (Midjourney/Modified by CoinDesk) What to know : You are viewing Crypto Daybook Americas, your morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Crypto Daybook Americas will kickstart your morning with comprehensive insights. If you're not already subscribed to the email, click here . You won't want to start your day without it. By Omkar Godbole (All times ET unless indicated otherwise) Last week, CoinDesk flagged the potential for action in crypto cross pairs even as major tokens and the broader market looked lackluster against the dollar. Since then, the biggest cross by market value, ether ETH $ 3,313.12 priced in bitcoin BTC $ 92,088.27 , has delivered, and today touched 0.036, the highest since Oct. 27. 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 . The ADA/BTC pair also advanced, touching its strongest level since Nov. 20. Bitcoin BTC $ 92,088.27 dropped back after briefly popping to $94,500 late Tuesday. ETH, ADA and privacy coins XMR and ZEC all jumped more than 7% in 24 hours, while SOL, DOGE, XLM, LINK and HYPE rose around 2%. The cross pairs could extend gains if, as expected, the Fed cuts interest rates by 25 basis points and, more importantly, Chair Jerome Powell strikes a dovish tone, reviving hopes of more rate reductions next year. As of now, markets seem to be anticipating a hawkish forward guidance, hence the continued uptick in the 10-year U.S. Treasury yield. Beyond the Fed, a pending Supreme Court decision on the legality of President Donald Trump’s “reciprocal” tariffs could add another layer of volatility. The decision is due any day. If the court invalidates the tariffs, it could strip out a source of inflation concerns and trade uncertainty, encouraging a risk-on tone into the year-end. Several investment banks, including Goldman Sachs, have noted that the Trump administration could still lean on other tools, such as Section 232 levies, to reimpose trade pressure. In other policy news, the IMF warned that stablecoins may pose foreign-exchange risks to emerging markets, although experts argue they are not yet large enough to have a truly systemic impact. In Washington D.C., the teachers’ union, AFT, slammed the latest crypto market bill, warning of “profound risks” for Americans’ retirement plans. In traditional markets, silver surged to a record high of $61.60 per ounce. It's more than doubled this year. The dollar index is holding near 99.00, while the 10-year Treasury yield has risen to its highest level since Sept. 4. Stay alert! Read more: For analysis of today's activity in altcoins and derivatives, see Crypto Markets Today What to Watch For a more comprehensive list of events this week, see CoinDesk's " Crypto Week Ahead ". Crypto Dec. 10: Celo’s Jello hardfork to bring ZK-powered fault proofs to the network. Macro Dec. 10, 7 a.m.: Brazil Nov. headline inflation rate YoY Est. 4.49%, MoM Est. 0.09%. Dec. 10, 9:45 a.m.: Canada central bank interest-rate decision. Benchmark rate Est. 2.25%. 10:30 a.m. press conference Dec. 10, 2 p.m.: Federal Open Market Committee (FOMC) U.S. interest-rate decision (25-basis-point cut to 3.5%-3.75% expected) and economic projections; 2:30 p.m. press conference ( watch live ). Dec. 10, 4:30 p.m.: Brazil central bank interest-rate decision. Benchmark rate (Prev. 15%). Earnings (Estimates based on FactSet data) Nothing scheduled. Token Events For a more comprehensive list of events this week, see CoinDesk's " Crypto Week Ahead ". Governance votes & calls MoonDAO is voting on MDP-204 to overhaul its project system by switching to quarterly voting and monthly reporting. Voting ends Dec. 10. Dec. 10: PancakeSwap to host an ask me anything (AMA) session with CoinW. Dec. 10: Horizen to celebrate its mainnet launch on Base through a livestream . Unlocks Dec. 10: LINEA $ 0.007928 to unlock 6.76% of its circulating supply worth $14.63 million. Token Launches Dec. 10: LAVA $ 0.2176 to be listed on Kraken. Dec. 10: PLUME $ 0.02148 to be listed on Coinbase. Conferences For a more comprehensive list of events this week, see CoinDesk's " Crypto Week Ahead ". Day 3 of 4: Abu Dhabi Finance Week 2025 (Abu Dhabi) Day 1 of 2: Indonesia Blockchain Week 2025 (Jakarta) Market Movements BTC is up 0.29% from 4 p.m. ET Tuesday at $92,941.70 (24hrs: +3.02%) ETH is up 1.37% at $3,347.76 (24hrs: +8.07%) CoinDesk 20 is up 0.25% at 2,994.20 (24hrs: +4.48%) Ether CESR Composite Staking Rate is down 1 bp at 2.81% BTC funding rate is at 0.0014% (1.4925% annualized) on Binance DXY is down 0.1% at 99.12 Gold futures are down 0.27% at $4,224.60 Silver futures are up 1% at $61.45 Nikkei 225 closed down 0.1% at 50,602.80 Hang Seng closed up 0.42% at 25,540.78 FTSE is up 0.12% at 9,653.16 Euro Stoxx 50 is down 0.18% at 5,708.20 DJIA closed on Tuesday down 0.38% at 47,560.29 S&P 500 closed unchanged at 6,840.51 Nasdaq Composite closed up 0.13% at 23,576.49 S&P/TSX Composite closed up 0.24% at 31,244.37 S&P 40 Latin America closed up 0.27% at 3,135.99 U.S. 10-Year Treasury rate is up 1.9 bps at 4.205% E-mini S&P 500 futures are unchanged at 6,851.50 E-mini Nasdaq-100 futures are unchanged at 25,708.50 E-mini Dow Jones Industrial Average Index futures are unchanged at 47,602.00 Bitcoin Stats BTC Dominance: 59.14% (+0.08%) Ether-bitcoin ratio: 0.03586 (0.16%) Hashrate (seven-day moving average): 1,043 EH/s Hashprice (spot): $39.21 Total fees: 2.98 BTC / $273,149 CME Futures Open Interest: 123,905 BTC BTC priced in gold: 22 oz. BTC vs gold market cap: 6.19% Technical Analysis SOL's hourly chart in candlestick format. (TradingView) The chart shows solana's SOL $ 137.23 hourly price swings in candlestick format. Solana’s native token continues to trade in a sideways channel, with $145 as the upper boundary and $125 as the lower boundary. The next big move will likely unfold in the direction in which the range is eventually resolved. Crypto Equities Coinbase Global (COIN): closed on Tuesday at $277.36 (+1.15%), +0.1% at $277.63 in pre-market Circle (CRCL): closed at $88.88 (+5.86%), +0.24% at $89.09 Galaxy Digital (GLXY): closed at $29.45 (+12.88%), +0.2% at $29.51 Bullish (BLSH): closed at $46.11 (+0.39%), -0.46% at $45.90 MARA Holdings (MARA): closed at $12.25 (+1.66%), +0.24% at $12.28 Riot Platforms (RIOT): closed at $15.51 (+3.68%), unchanged in pre-market Core Scientific (CORZ): closed at $17.49 (-1.13%), +0.34% at $17.55 CleanSpark (CLSK): closed at $14.85 (+6.91%), -0.13% at $14.83 CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $47.43 (+2.15%) Exodus Movement (EXOD): closed at $15.28 (+2.96%) Crypto Treasury Companies Strategy (MSTR): closed at $188.99 (+2.89%), +0.69% at $190.30 Semler Scientific (SMLR): closed at $20.37 (+3.03%), +1.57% at $20.69 SharpLink Gaming (SBET): closed at $11.60 (+4.88%), -0.17% at $11.58 Upexi (UPXI): closed at $2.56 (-1.92%), unchanged in pre-market Lite Strategy (LITS): closed at $1.83 (+6.4%) ETF Flows Spot BTC ETFs Daily net flows: $151.9 million Cumulative net flows: $57.69 billion Total BTC holdings ~1.3 million Spot ETH ETFs Daily net flows: $177.7 million Cumulative net flows: $13.11 billion Total ETH holdings ~6.26 million Source: Farside Investors While You Were Sleeping Crypto Traders Seek Out Extra Security as Kidnappings Rise (Bloomberg): A surge in physical attacks linked to online exposure is prompting people involved in cryptocurrency to reduce their public footprints and adopt stricter personal and wallet protections to avoid becoming identifiable targets. IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren't There Yet (CoinDesk): The fund’s warning centers on dollar-linked tokens enabling rapid outflows and currency pressure in fragile economies, though analysts counter that today’s stablecoin market remains too small to influence macro conditions. Crypto Daybook Americas Más para ti Protocol Research: GoPlus Security Por CoinDesk Research 14 nov 2025 Commissioned by GoPlus Lo que debes saber : 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 No Direction: Crypto Daybook Americas By Omkar Godbole | Edited by Sheldon Reback 23 hours ago Your day-ahead look for Dec. 9, 2025 What to know : You are viewing Crypto Daybook Americas, your morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Crypto Daybook Americas will kickstart your morning with comprehensive insights. If you're not already subscribed to the email, click here . You won't want to start your day without it. Read full story Latest Crypto News Pineapple Financial Starts Migrating its $10B Mortgage Portfolio Onchain via Injective 16 minutes ago KindlyMD Turns to Kraken as Fourth Provider for Bitcoin-Backed $210M Loan at 8% 21 minutes ago TON Edges Higher to $1.64 as Consolidation Phase Continues 25 minutes ago Metaplanet Stock Jumps 12% as mNAV Climbs to 1.17, Highest Level Since Crypto Crisis 34 minutes ago Crypto Markets Today: Fed Rate-Cut Hopes Lift BTC, ETH as Traders Brace for Volatility 45 minutes ago Strive Starts $500M Preferred Stock "At-The-Money" Program for Bitcoin Purchases 1 hour ago Top Stories IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren't There Yet 4 hours ago Crypto Markets Today: Fed Rate-Cut Hopes Lift BTC, ETH as Traders Brace for Volatility 45 minutes ago Strive Starts $500M Preferred Stock "At-The-Money" Program for Bitcoin Purchases 1 hour ago Binance Co-CEO Yi He’s WeChat Account Hacked to Push Memecoin MUBARA 6 hours ago Proposed ‘AfterDark’ Bitcoin ETF Would Skip U.S. Trading Hours 15 hours ago Michael Saylor Urges Middle East to Become the 'Switzerland of Bitcoin Banking' 19 hours ago In this article LINEA LINEA $ 0.007928 ◢ 0.70 % LAVA LAVA $ 0.2176 ◢ 1.98 % PLUME PLUME $ 0.02148 ◢ 4.17 %