The broader macro backdrop is also critical, particularly the December 18 Federal Open Market Committee (FOMC) interest-rate decision in the United States.#1 Bitcoin And Crypto Await The FOMC Decision Bitcoin traders and investors are watching the Federal Reserve’s policy meeting scheduled for Wednesday, December 18, at 2:00 pm ET, with Fed Chair Jerome Powell’s press conference to follow at 2:30 pm ET.
Related Reading: Crypto Market Outlook: VanEck Issues 10 Predictions, Including Bitcoin Nearing $200,000 The highly anticipated mainnet launch is described by Avalanche’s core developers as the most significant upgrade in the chain’s history.
The immediate reaction in Bitcoin will likely hinge on the meeting’s tone, with a less dovish Fed potentially introducing volatility to BTC price action.#2 Fantom (FTM) Fantom is entering a new era with the upcoming Sonic L1 mainnet launch, a transformative upgrade that will dramatically improve network throughput and cost efficiency.
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