December 10, 2025 Cryptocurrency Daily Briefing Highlights:
1. Federal Reserve's interest rate cut decision impacts the cryptocurrency market direction: Today's market expectation for a 25 basis point rate cut by the Federal Reserve is 89%, but after 7 FOMC meetings this year, Bitcoin has only risen once, and the market should be wary of the risk of a decline following the favorable decision.
2. BTC fluctuating in the $90,000 range: Currently, Bitcoin is fluctuating near this price level, with the market showing a fragile structure of high leverage and low liquidity. As the year-end liquidity dries up, large capital inflows and outflows can easily trigger severe price fluctuations and a chain reaction of liquidations.
3. CFTC pilot program sparks heated discussion on compliance for crypto assets: On December 8, the CFTC launched a pilot program allowing BTC, ETH, and USDC to be used as collateral for derivatives trading. Institutions are required to disclose their positions weekly and isolate client crypto assets, which promotes the integration of crypto assets into traditional finance.
4. Ethereum SAKA upgrade dividends continue: The upgrade completed on December 4 has reduced layer 2 transaction fees by 30% to 50% and increased blob data capacity, continuously attracting developers and investors and providing support for ecosystem activity.
5. Institutions continue to accumulate BTC, releasing positive signals: Michael Saylor's Strategy company has recently made a large-scale accumulation of Bitcoin, and the ongoing entry of institutions supports Bitcoin's long-term value and injects confidence into the market.
