Bitcoin Edges Down Toward $90K as Markets Brace for Pivotal Federal Reserve Decision
Bitcoin slipped lower on Tuesday as global markets turned cautious ahead of a major Federal Reserve policy meeting, where traders largely expect a quarter-point rate cut — but remain uncertain about the pace of monetary easing heading into 2026.
At 01:16 ET (06:16 GMT), Bitcoin (BTC) traded 1.5% lower at $90,011, staying locked in its recent $90,000–$92,000 range as momentum faded and liquidity remained thin.
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⚠️ Cautious Trading Ahead of Fed Meeting
Investors avoided taking major positions ahead of the two-day Federal Reserve meeting beginning today. Futures markets suggest an 87% chance of a 25 bps cut, driven by:
Cooling U.S. labor-market data
Moderating but persistent inflation
Softer economic indicators as the year ends
However, Fed officials remain split, leaving open the possibility of a surprise hold, which would likely pressure risk assets — including cryptocurrencies.
Lower rates typically:
Weaken the U.S. dollar
Reduce yields on cash and bonds
Support alternative assets like Bitcoin
Much of BTC’s late-2024 rally came from expectations of a long easing cycle.
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🟧 MicroStrategy Buys Another 10,624 BTC
MicroStrategy (MSTR), the world’s largest corporate Bitcoin holder, announced it purchased 10,624 BTC between Dec. 1–7 at an average of $90,615.
The company now holds:
660,624 BTC
However, this aggressive accumulation comes as MicroStrategy faces potential removal from MSCI equity indexes, a move that could affect index-fund flows.
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📉 Altcoins Trade Soft as Market Stays Risk-Off
Most major altcoins weakened alongside Bitcoin:
Ethereum (ETH): −0.8% → $3,104
XRP: −1.4% → $2.05
Solana (SOL): −2%
Polygon (MATIC): −2%
Cardano (ADA): flat
Dogecoin (DOGE) & TRUMP: −1%
Intraday rallies continue to fade quickly, showing defensive positioning across all major tokens.
As of December 09, 2025, 10:40 AM (UTC), fresh data from Binance Market Data shows that Ethereum (ETH) has fallen below the psychological support level of 3,100 USDT. ETH is currently trading at 3,098.919922 USDT, reflecting a 1.86% decline over the past 24 hours.
This downward movement indicates a mild pullback in the broader crypto market, where traders appear to be taking profits after recent volatility. Despite the drop, the decline is considered narrowed, meaning selling pressure is present but not excessively strong.
Market analysts note that ETH’s short-term trend will depend on whether it can regain support above 3,100 USDT or if further dips could push it toward lower support regions.
# Nomura Revises Forecast for the Federal Reserve’s December Rate Decision — Long Version
Nomura Securities has updated its outlook for the U.S. Federal Reserve’s upcoming December policy meeting, now projecting a 25 basis point rate cut. This marks a notable shift from its earlier expectation that the Fed would leave interest rates unchanged.
According to Odaily, Nomura’s revised view reflects growing evidence of dovish signals within the Federal Reserve, suggesting that additional “risk-management style” rate cuts may now be seen as justified by the Fed’s centrist policymakers.
Despite the change, Nomura emphasizes that uncertainty remains high regarding the final decision. The institution expects four hawkish members of the FOMC to oppose any rate cut, maintaining their stance favoring tighter monetary policy in order to combat inflation. On the opposite end, Milan is anticipated to adopt a more dovish perspective, even advocating for a 50 basis point cut.
Looking further ahead, Nomura continues to project that under the leadership of a new Federal Reserve Chair, the central bank will carry out two additional 25 basis point rate cuts in June and September of 2026. These forecasts reflect expectations of a gradual easing cycle aimed at supporting economic stability amid shifting macroeconomic conditions.
Bias: Bullish (Long) Current Price Area: Around $90,000
Reasoning: Bitcoin has successfully reclaimed the $90,000 zone despite a small daily decline of 0.49%. This indicates strong underlying market support and continued interest from buyers. A minor pullback can create a favorable opportunity for entering a long position.
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🔥 Long Setup (Strategy)
Entry Zone:
$88,500 – $89,200 (Ideal dip-buy area)
Aggressive entry: $89,800 – $90,100
Take Profit Targets (TP):
TP1: $91,500
TP2: $93,000
TP3: $95,000+ (strong bullish momentum)
Stop Loss (SL):
$87,800 (below local support)
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📌 Market Notes
Trend remains bullish as long as price stays above $88,000 support.
Heavy breakout can occur if BTC closes strongly above $91,000.
Watch for volatility during U.S. market hours and ETF flows.
According to Odaily, the CEO of publicly traded crypto company Exodus, in a recent interview with CNBC, projected that Bitcoin could reach $200,000 by 2026. This bullish forecast reflects growing optimism among some industry leaders about Bitcoin’s long-term potential, driven by factors such as increasing institutional adoption, limited supply, and broader cryptocurrency market trends.
# Consumer Sentiment Shows Slight Improvement in December
According to PANews, the University of Michigan's consumer sentiment index in early December rose by 2.3 points to 53.3, though the increase falls within the margin of error. The improvement was most noticeable among younger consumers. While perceptions of the current economic situation remained largely unchanged, expectations showed meaningful gains. Notably, personal financial outlooks across demographics—including age, income, education, and political affiliation—rose by 13%.
Despite these improvements, the personal financial expectations index is still nearly 12% below levels seen at the start of the year. Labor market expectations edged up slightly but remain relatively subdued. Consumers reported minor improvements in some indicators compared to November, yet overall sentiment remains cautious, with high prices continuing to weigh heavily on confidence.
Looking ahead, inflation expectations showed mixed trends. The one-year inflation expectation fell from 4.5% in November to 4.1% in December—the lowest level since January 2025 and marking a fourth consecutive monthly decline. However, short-term inflation expectations remain above January’s 3.3% level. Meanwhile, long-term inflation expectations dropped from 3.4% in November to 3.2% in December, matching the January 2025 reading. $BTC #BinanceBlockchainWeek #BTC86kJPShock #BTCVSGOLD #CPIWatch #CryptoIn401k
# Digital Asset Treasury Bubble Bursts, CoinShares Report Reveals
According to a recent report by CoinShares’ Head of Research, James Butterfill, the once-booming market for digital asset treasury (DAT) companies has undergone a dramatic correction. Firms that were trading at multiples of three to ten times their market net asset value (mNAV) in the summer of 2025 have now fallen to around parity—or even below—reflecting a sharp reevaluation of their perceived growth potential.
This shift highlights the risks of the token treasury model, which was previously seen as a robust engine for growth. With valuations now compressed, the outlook for these companies largely hinges on market dynamics. If prices continue to fall, the sector could face disorderly sell-offs. Conversely, if companies hold their positions, they may wait for a market rebound to regain value.
Market observers note that broader macroeconomic factors could play a key role in this recovery. An improved economic environment, coupled with expectations of a potential interest rate cut in December, may provide a supportive backdrop for cryptocurrencies, offering some hope for DAT companies to stabilize.
#Multiple U.S. economic indicators are scheduled for release today.
20:30 (UTC+8): November Challenger Job Cuts
21:30 (UTC+8): Initial Jobless Claims for the week ending November 29, with expectations at 220,000
23:00 (UTC+8): • November Global Supply Chain Pressure Index • September Factory Orders monthly rate
Although these employment and supply-side indicators are important, markets remain focused on monetary policy. Current betting data from Polymarket shows a 94% probability that the U.S. Federal Reserve will implement a 25 bps rate cut in December, indicating strong market conviction regardless of near-term economic releases.
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Quick Market Take
High-confidence rate-cut pricing: A 94% probability means markets are essentially treating the cut as “almost guaranteed.”
Soft job numbers = more dovish fuel: If jobless claims rise or Challenger cuts increase, expectations for further easing could strengthen.
Crypto impact: • Lower rates → risk-on momentum → typically supportive for BTC, ETH, and majors • Watch for volatility around release times—liquidity pockets could exaggerate moves.
#The European Commission has proposed shifting substantial regulatory and enforcement powers to the European Securities and Markets Authority (ESMA), aiming to centralize oversight of major financial market infrastructures. The plan would give ESMA direct authority over systemically important clearinghouses, central securities depositories (CSDs), trading venues, and—importantly—crypto-asset service providers, even though national-level crypto rules were introduced less than a year ago.
A new five-member independent board would be established, funded initially by the EU budget, while ongoing operational costs would be covered by regulated entities such as trading venues, CSDs, and crypto firms.
The proposal also includes legislative changes to:
prevent member states from adding extra requirements for securities issuers,
simplify CSD licensing for cross-border services,
integrate distributed ledger technology (DLT) into EU regulations.
However, the move faces resistance from several member states unwilling to surrender regulatory autonomy to Brussels. Formal negotiations will start in January, when Cyprus takes over the rotating presidency of the EU Council.
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Quick Take
Big move toward centralization: EU wants ESMA to become a more powerful, pan-European market regulator.
Crypto sector impact: Crypto-asset service providers fall under stronger EU-level supervision—reflecting the bloc's push for standardized oversight under MiCA and beyond.
Member state tension: Expect political friction as national regulators resist losing control.
DLT adoption: Signals continued EU interest in blockchain-based market infrastructure.
According to Foresight News, CertiK’s on-chain monitoring shows that approximately $127 million in losses were confirmed across various security incidents in November. Out of this total, about $45 million has been frozen or successfully recovered, reducing the net realized loss. $BTC
According to BlockBeats, Huang Licheng (Machi Big Brother) has dramatically expanded his Ethereum position. Data from Hyperinsight shows that he has increased his holdings by 25x, bringing the total position size to $28.6 million.
Entry Price: $2,981.59
Liquidation Price: $2,885.75
This substantial increase signals strong conviction in Ethereum’s near-term performance from one of the market’s most active whales.
#Market Bets on $80,000 as Strong Support in Options Trading
According to BlockBeats, on-chain analyst Murphy reports notable activity in the Bitcoin options market. Traders are heavily buying call options at the $80,000 strike, signaling strong confidence that this level will act as solid support.
At the same time, there is an increase in selling of call options and buying of put options at the $100,000 strike, reflecting expectations that $100,000 will remain a strong resistance level.
In short:
$80,000 → Market views it as a strong support, with bullish positioning.
CME Group Trading Halt: What Happened and Why It Matters
1. What’s Confirmed
BrokerTec EU market is open — this is CME's European fixed-income trading platform.
All other CME markets remain halted, including:
Commodity futures
Equity index futures
Crypto futures (BTC, ETH, SOL, etc.)
Cause: Cooling system failure at a CyrusOne data center, which hosts critical CME infrastructure.
This type of outage is rare because CME usually has strong redundancy, so the fact that trading is still down indicates a substantial operational disruption.
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2. Why This Is a Big Deal
A. Global Derivatives Market Impact
CME is the world’s largest derivatives exchange. A halt affects:
Commodity pricing
Bond markets
Forex futures
Crypto futures
Even a short outage can ripple through global markets due to pricing dependencies.
B. Crypto Futures Specifically
Crypto futures on CME are used heavily by:
Institutions
ETFs
Hedging desks
A halt means:
Liquidity temporarily disappears
Price discovery is disrupted
Volatility risk increases until normal trading resumes
Spot crypto markets may see short-term instability because futures-driven arbitrage is paused.
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3. Technical Failure: Cooling System Breakdown
Data centers rely on redundant cooling; overheating can damage servers. If both primary and backup cooling fail, exchanges shut systems down to prevent hardware destruction.
This could indicate:
A major outage affecting multiple racks
Power or HVAC redundancy failure
Safety shutdowns triggered by rising temperatures
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4. Why BrokerTec EU Is Still Working
Likely explanations:
Operates from a separate data center
Has independent failover infrastructure
Different latency requirements allow quicker restoration
This is consistent with CME’s distributed architecture.
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5. What to Expect Next
A. Staged Market Reopen
CME will likely:
1. Restore core connectivity
2. Reopen high-volume futures first
3. Reintroduce crypto futures in later phases
4. Conduct system integrity checks before full reopening
#The inflow figure you shared — $60.99 million into the U.S. Ethereum spot ETF — is notable, especially given current market conditions. Here’s what it generally signals:
What This Inflow Suggests
1. Growing Institutional Interest Large inflows into spot ETFs typically come from institutions, wealth managers, and structured investment products. This indicates rising confidence in Ethereum as an investable asset.
2. Strong Demand Despite Volatility Sustained inflows during uncertain or volatile periods often mean investors view Ethereum as undervalued or part of a long-term allocation strategy.
3. ETF Maturity Phase As more investors become comfortable with regulated crypto exposure, Ethereum ETFs are beginning to behave similarly to Bitcoin ETFs in their early growth phase—steady inflows, increasing liquidity, and broader adoption.
Potential Market Impact
Positive price pressure if inflows persist, as ETF issuers must purchase ETH to back shares.
Improved market credibility, especially if traditional finance allocators are behind the movement.
#Binance to Suspend Ontology (ONT) Network Deposits & Withdrawals for Upgrade
Binance has announced that it will temporarily suspend deposits and withdrawals on the Ontology (ONT) network starting 2025-12-01 at 07:00 UTC. The suspension is needed to support a network upgrade and hard fork that aims to improve overall performance and user experience.
Key Details of the Upgrade
The upgrade includes major tokenomics changes for Ontology Gas (ONG).
ONG maximum and total supply will be reduced from 1 billion to 800 million.
200 million ONG will be burned immediately during the upgrade.
Circulating supply will not change at the moment, but may gradually drop to ~750 million due to a new permanent lock mechanism.
Impact on Users
Trading of ONT and ONG will continue normally on Binance.
Only deposits and withdrawals on the Ontology network will be paused.
Binance will handle all technical tasks required.
Services will reopen once the network is stable, though no additional announcement will be issued.
Users can check the official Ontology project announcement for full technical details.
A Reuters survey of over 45 stock market strategists, conducted from Nov 14–25, projects that the S&P 500 will reach 7,490 points by the end of 2026, an 11.7% increase from current levels. The optimistic forecast is supported by:
A strong U.S. economy
Robust performance of technology companies
Continued accommodative monetary policy from the Federal Reserve
If the market ends 2025 higher, it will mark four consecutive years of gains for the S&P 500.
However, among 14 respondents to follow-up questions, 8 expect a near-term pullback, citing risks such as:
#BNB Slides Below 860 USDT as Market Sees Mild Consolidation
Nov 26, 2025 — 03:55 AM (UTC) According to the latest Binance Market Data, BNB has dipped below the 860 USDT level, continuing its gradual consolidation phase. The token is currently trading at 859.530029 USDT, marking a 0.17% decrease in the past 24 hours.
While the decline is modest, the move reflects a cooling in momentum after recent price fluctuations. The slim percentage drop indicates limited selling pressure, suggesting that BNB may be stabilizing within its current range rather than entering a deeper correction.
Market observers note that BNB has been hovering between 855–870 USDT, with buyers and sellers showing restraint ahead of potential catalysts such as broader crypto market direction, liquidity rotation, and updates from the Binance ecosystem. The 860 USDT threshold has acted as a short-term psychological support, and traders are watching closely to see whether BNB can reclaim this level in the near term.