🚨 Crypto under pressure: triple threat ahead

The cryptocurrency market is down by 2.88% in 24 hours and shows a monthly decline of 7.94%. Investors are exercising caution in light of three key factors:

- 📉 Macroeconomic risk: possible interest rate hike by the Bank of Japan (December 18-19), which could divert capital from cryptos to yen-denominated bonds.

- ⚖️ Regulatory pressures: new crypto rules expected in the United Kingdom as early as 2027 and discussions on excluding certain companies from MSCI indices.

- 💧 Liquidity tension: a 35.9% drop in derivative volumes in 24 hours, amplifying volatility and causing a wave of liquidations.

🔎 Key takeaways

- Bitcoin dominance $BTC rises to 58.4%, a sign that traders are seeking refuge in the asset considered the safest.

- Ethereum $ETH remains under watch: its support at $2,814 could give way if institutional demand continues to weaken.

- Key decision awaited: the Bank of Japan on December 19.