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Crypto Markets Edge Higher as Traders Await Fed Decision

Crypto Markets Edge Higher as Traders Await Fed Decision

Author:

Global Cryptocurrency

Published:

2025-12-10 06:52:03

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BTCCSquare news:

Cryptocurrencies extended gains amid cautious Optimism ahead of the Federal Reserve's rate decision. Bitcoin rose 2.3% to $92,496 while Ethereum surged 6% to $3,312, leading a broad-based rally that pushed total market capitalization up 3% to $3.2 trillion.

Mid-cap altcoins outperformed, with Zcash jumping 11% and Avalanche gaining 6.2%. The Crypto Fear & Greed Index climbed to 26, exiting 'extreme fear' territory despite $429 million in liquidations signaling leveraged positioning adjustments.

All eyes remain on the Fed's policy outlook. A dovish tilt could propel Bitcoin toward $95,000, while any hawkish surprises may test recent support levels. Market makers report unusually tight spreads on BTC options expiring Friday, reflecting heightened uncertainty.

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