A review of the significant information in the cryptocurrency market over the past week,
December 4: The acting chairman of the U.S. Commodity Futures Trading Commission (CFTC) announced the first trading of spot cryptocurrency products in the U.S.
December 8: A digital asset pilot program was launched, allowing tokenized assets to be used as collateral for trading derivatives and providing technology-neutral guidance.
December 10: The Federal Reserve announced a 25 basis point (0.25%) reduction in the target range for the federal funds rate to 3.50%-3.75% during the Federal Open Market Committee (FOMC) meeting. This marks the third consecutive rate cut in 2025 (with cuts of 25 basis points in September, October, and December) and the sixth rate cut since the current easing cycle began in September 2024.
Starting December 12, the Fed will purchase $40 billion in government bonds each month to maintain ample reserves and market liquidity.
December 11: The Financial Stability Oversight Council (FSOC) released its 2025 annual report, stating that digital assets (crypto/digital assets) are no longer classified as potential financial stability "vulnerabilities" or systemic risks.
Stablecoins are particularly highlighted as tools to strengthen the global dominance of the dollar rather than sources of risk.
The chapter on "Further Actions" cites the 2025 presidential digital asset market working group report, recommending that Congress and government agencies take measures to promote innovation and strengthen the U.S. leadership in digital financial technology.
However, why did the Ethereum contract price rise from 3100 to 3450 and then return to 3100?
Can anyone provide the correct answer in the comments?
