Bitcoin rebounds to $91K on Fed rate cut hopes; analysts warn of volatility

• Bitcoin rebounded to over $91,000 on December 8, gaining 1.86%, driven by hopes of a US Federal Reserve rate cut.
• Traders are pricing an 88.4% chance of a December rate cut by the Federal Reserve, influencing Bitcoin's recovery.
• Analysts suggest a sustained rally depends on a clean break above $91K–$92K, while caution is advised due to potential volatility from the upcoming US interest rate decision.
• Ethereum also surged to $3,112, with other cryptocurrencies like BNB, SOL, and ADA showing gains amidst market volatility.
• Global markets remain cautious due to central bank uncertainty, split opinions on rate cuts, and resurfacing inflation concerns.

Why It Matters: Investors should watch Fed decisions as they impact crypto market stability and returns.