Bitcoin volatile above $90,000 ahead of US Fed rate decision

• Bitcoin stood just above $90,153 on December 9, down 1.38% from the previous day, ahead of the US Federal Reserve's rate decision.
• The cryptocurrency experienced a volatile morning, slipping to $89,870 and touching a high of $91,336.
• Traders are pricing in an 87.3% chance of a Fed rate cut, with Bitcoin typically softening before announcements and becoming volatile afterward.
• Volatility was also seen in other tokens, with ETH up 0.02%, ADA 1.50%, while BNB, SOL, and USDC saw slight declines.
• Global markets are on edge due to central bank uncertainty and split Fed officials on rate cuts, leading to a cautious, risk-off stance mirrored in crypto markets.

Why It Matters: Your crypto investments are directly impacted by upcoming US Fed rate decisions.