Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Crypto Markets Today: Fed Rate-Cut Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Crypto Markets Today: Fed Rate-Cut

Crypto Markets Today: Fed Rate-Cut Hopes Lift BTC, ETH as Traders Brace for Volatility

2025/12/10 19:30
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Crypto Markets Today: Fed Rate-Cut Hopes Lift BTC, ETH as Traders Brace for Volatility

Crypto markets are firm ahead of Wednesday’s Federal Reserve decision, with a 25 basis-point interest-rate cut already priced in.

By Oliver Knight, Omkar Godbole|Edited by Sheldon Reback
Dec 10, 2025, 11:30 a.m.
BTC and ETH rise ahead of Federal Reserve decision (Shutterstock)

What to know:

  • Risk assets are buoyant ahead of the Fed, but rate decisions often trigger sharp intraday swings and a “sell-the-news” dip remains possible.
  • Bitcoin sits at $92,300 and has spent the past week between $88,000 and $94,500; a break of either bound may set up the next move.
  • Ether is outperforming post-Fusaka upgrade, but broader altcoin sentiment is weak with CoinMarketCap's altcoin season index at 16/100. HYPE, STRK, KAS and APT lead declines while AI token FET rebounds.

The crypto market is in a buoyant mood ahead of Wednesday's Federal Reserve interest-rate decision.

The overwhelming expectation is that the Fed will cut rates by 25 basis points, a move seen as favorable to risk assets like bitcoin BTC$92,026.25.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

BTC is trading at $92,300 having risen by 2.3% in the past 24 hours. Ether ETH$3,308.55 outperformed bitcoin with a 7% gain.

Interest-rate decisions often create volatile trading sessions and, while a 25 bps rate cut can be perceived as bullish, there is a scenario where traders decide further gains are unlikely and sell once the news is released, effectively pushing prices down and trapping others in overpriced long positions.

Bitcoin has formed a trading range between $88,000 and $94,500 over the past week. A break of either one of those levels will indicate the direction of future moves.

Derivatives positioning

  • Volmex's one-day bitcoin implied volatility climbed to 67% from 20%.
  • The latest reading implies an expected 24-hour price swing of 3.5%, which is now out or ordinary. That means the Fed meeting is not seen having an outsized impact on the market.
  • ETH eyes a 4.6% move, while SOL and XRP are projected at 5%.
  • BTC's options-based implied volatility term structure is slightly inverted, with volatility at the front-end pricier than at the long-end. Should the Fed decision turn out to be dud, the curve could rapidly normalize.
  • On Deribit, BTC and ETH puts remain pricier than calls. Block flows over past 24 hours featured ETH strangles and straddles, a sign of traders are positioning for volatility. For BTC, traders chased risk reversals.
  • In futures, open interest (OI) has increased in most major tokens, with ether rising 8% to 12.4 million ETH, a level not seen since Dec. 2.
  • Cardano open interest briefly rose to 1.80 billion ADA, the highest since Oct. 10, and recently at 1.71 billion ADA.
  • BCH, XMR, WLFI have deeply negative annualized funding rates, a sign of traders chasing bearish, short positions.
  • On the CME, OI in ether futures has risen back above 2 million ETH, while positioning in BTC remains at multimonth lows.

Token talk

  • With the exception of ether, which is gaining attention following last week's Fusaka upgrade, the altcoin market continues to lag.
  • CoinMarketCap's "altcoin season" indicator is printing 16/100, a cycle low and a stark contrast to September's reading of 78/100.
  • One reason for this could be traders preferring larger market cap tokens like bitcoin and ether as there is more liquidity and thus less volatility ahead of an event like the U.S. interest-rate decision.
  • Over the past week, derivatives token HYPE has been one of the worst performers, losing 15% of its value. STRK, KAS and APT have also been dealt double-digit moves to the downside.
  • The AI-focused token FET was one of the top gainers over the past 24 hours, rising by 9.3% as it rebounds from a recent slide. It remains heavily deflated on higher time frames though, having lost 1.6% over the past week to compound a year-to-date decline of more than 80%.
Crypto Markets Today

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

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

Metaplanet Stock Jumps 12% as mNAV Climbs to 1.17, Highest Level Since Crypto Crisis

Bitcoin rebound and equity momentum push Metaplanet valuation multiple to 1.17 to highest level since October.

What to know:

  • Metaplanet’s enterprise value stands near $3.33 billion against $2.86 billion in bitcoin holdings, lifting mNAV to 1.17
  • Since bitcoin rose about 15% from its Nov. 21 low, Metaplanet shares have climbed nearly double that with a gain of roughly 30%.
Read full story
Latest Crypto News

Metaplanet Stock Jumps 12% as mNAV Climbs to 1.17, Highest Level Since Crypto Crisis

Strive Starts $500M Preferred Stock "At-The-Money" Program for Bitcoin Purchases

IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren't There Yet

XRP Sell Pressure Emerges as Ripple Linked Token Fails to Sustain $2.12 Break

Breakout or Bull Trap? DOGE Jumps Above Resistance on Ethereum Strength

Binance Co-CEO Yi He’s WeChat Account Hacked to Push Memecoin MUBARA

Top Stories

IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren't There Yet

Strive Starts $500M Preferred Stock "At-The-Money" Program for Bitcoin Purchases

Binance Co-CEO Yi He’s WeChat Account Hacked to Push Memecoin MUBARA

Proposed ‘AfterDark’ Bitcoin ETF Would Skip U.S. Trading Hours

Michael Saylor Urges Middle East to Become the 'Switzerland of Bitcoin Banking'

How We Decided CoinDesk's Most Influential 2025

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CZ Recalls His Tearful Exit As Binance CEO, Shifts Focus To BNB Chain ⋆ ZyCrypto

CZ Recalls His Tearful Exit As Binance CEO, Shifts Focus To BNB Chain ⋆ ZyCrypto

The post CZ Recalls His Tearful Exit As Binance CEO, Shifts Focus To BNB Chain ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Binance founder Changpeng Zhao (CZ) has revealed that his exit as CEO of the world’s largest exchange was an emotional rollercoaster, drawing tears as he penned his farewell note in 2023.  CZ disclosed that he is now focused on ecosystem projects on the BNB Chain and on interfacing with global regulators to advance cryptocurrency adoption. An Emotional Departure For CZ From Binance CZ publicly disclosed his state of mind during his 2023 exit from Binance as company CEO, revealing that the move was a painful departure. He shared his thoughts in a group media interview during the Binance Blockchain Week in response to questions over his decision to step down as CEO. According to CZ, resigning as CEO forced him to shed tears at 4 am while penning his “stepping-down blog” in Seattle. He added that recovering from the emotional rollercoaster of exiting his role as CEO took a while “to get over it.” “When I stepped down as Binance CEO, I actually cried,” said CZ. “When I was writing that blog, stepping down, I actually cried, and it was like 4 am in Seattle.”CZ served as CEO since Binance’s launch in 2017, guiding it to become the largest cryptocurrency exchange despite its late entry to the ecosystem. Back in November 2023, CZ formally announced his resignation as Binance CEO as part of settlement terms with US authorities, capping a yearlong investigation into alleged money laundering and sanctions violations. Advertisement &nbsp On the same day he resigned, the Binance founder admitted to failing to comply with US anti-money laundering (AML) regulations, eventually serving a four-month prison term. Richard Teng filled in CZ’s shoes as the new Binance CEO, with the founder remaining the largest shareholder. Life After Stepping Down After his exit as Binance CEO,…
Share
BitcoinEthereumNews2025/12/11 11:09
Paxful Bitcoin Exchange Agrees to Guilty Plea in Money Laundering Case

Paxful Bitcoin Exchange Agrees to Guilty Plea in Money Laundering Case

The post Paxful Bitcoin Exchange Agrees to Guilty Plea in Money Laundering Case appeared on BitcoinEthereumNews.com. Paxful Holdings Inc., the operator of a peer-to-peer Bitcoin exchange, has agreed to plead guilty to federal charges for facilitating money laundering and other criminal activities, resulting in $7.5 million in penalties from the U.S. Department of Justice and FinCEN. Paxful processed over $3 billion in trades from 2017 to 2019, knowingly enabling fraudsters and money launderers. The exchange attracted criminal users by promoting weak anti-money laundering controls and avoiding customer identification. Transactions included $17 million in Bitcoin to illegal sites like Backpage, generating $2.7 million in profits for Paxful, with over $500 million in suspicious activity involving sanctioned nations. Paxful guilty plea reveals Bitcoin exchange’s role in criminal crypto trades. Learn how it facilitated $3B in illicit activity and faces $7.5M penalties. Stay informed on crypto regulations today. What Is the Paxful Guilty Plea and Its Impact on the Crypto Industry? Paxful guilty plea refers to the agreement by Paxful Holdings Inc. to admit fault in federal violations related to operating its peer-to-peer Bitcoin exchange without proper anti-money laundering safeguards. The company, which shut down in 2023, facilitated criminal transactions worth billions, leading to a $4 million criminal penalty from the U.S. Department of Justice and a $3.5 million civil fine from the Financial Crimes Enforcement Network. This case underscores the growing regulatory scrutiny on cryptocurrency platforms to prevent illicit finance. How Did Paxful Facilitate Criminal Activity on Its Platform? Paxful operated as a peer-to-peer marketplace where users exchanged Bitcoin and other cryptocurrencies for fiat currencies, prepaid cards, and gift cards, handling approximately $3 billion in trades between 2017 and 2019. According to the Department of Justice, the platform earned over $29 million in revenue during this period while deliberately ignoring red flags of criminal use. Acting Assistant Attorney General Matthew R. Galeotti stated that Paxful profited by “knowingly…
Share
BitcoinEthereumNews2025/12/11 11:22