Bitcoin Edges Above $92,000 as Markets Wait for the US Fed Decision | Crypto Market Update
The Bitcoin price today is showing a hint of strength as the market heads into one of the most anticipated events of the month. Early this morning (December 10, around 5:52 am IST), BTC was trading just above $92,420, reflecting a 1.79% increase in the last 24 hours.
During the early session, the Bitcoin price moved within a narrow but active range — dipping to $92,316 before pushing toward an intraday high near $94,160. With global liquidity tightening and investor sentiment on edge, this modest climb signals cautious optimism across the crypto market.
All Eyes on the US Fed Rate Decision
The main driver behind today’s market tension is the upcoming US Federal Reserve rate decision. Fed Chair Jerome Powell is set to announce the policy update tonight — December 11, 2025, around 12:30 am IST.
This announcement is expected to influence not just traditional markets but also cryptocurrency prices, especially Bitcoin and major altcoins. Any shift in Powell’s tone could trigger sharp movement across crypto trading platforms.
Altcoins Show Mixed Momentum | Ethereum, ADA, SOL, BNB
While Bitcoin leads the headlines, the broader crypto market update shows solid action across popular altcoins over the past 24 hours:
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ETH (Ethereum price) surged 5.51%
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ADA jumped 7.83%
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SOL climbed 2.97%
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USDC edged up 0.05%
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BNB price slipped 0.49%
This mix of gains and dips highlights the altcoin market's sensitivity to global macroeconomic signals.
As traders brace for the Federal Reserve announcement, volatility is expected to remain high. Whether the Fed brings relief or sparks uncertainty, the crypto market is clearly preparing for a significant reaction.
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