Expectations in the crypto market are declining due to uncertainty from the Fed.

#FOMCWatch
Bitcoin falls more than 4% and Ethereum drops below $3000, while the market awaits key data from the Fed.

The leading cryptocurrency did not show significant movements in the last week, and is waiting for market signals to glimpse growth.

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Bitcoin continues to show no major rebounds, while caution persists among investors.

The cryptocurrency market operates with significant declines at the close of this Monday, December 15. Bitcoin (BTC) drops 4.41% to $86,030, amid moderate risk appetite. Likewise, Ethereum (ETH) decreases 6.30% to $2,940.

Expectations placed on data and announcements from the Fed.

During the last sessions, Bitcoin faced difficulties in growing, with investors reluctant to take new positions. However, key publications are expected to define the outlook for interest rates.

In this regard, the upcoming employment data, weekly jobless claims, and November inflation figures, along with the preliminary readings of the December PMI, will determine the strength of the US economy.
$BTC

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$ETH

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