Bitcoin Rises on Fed Rate Cut Hopes, Eyes $95K-$97K Target

• Bitcoin rose 1.79% to over $92,420 on December 10, ahead of the US Fed rate decision.
• The upward trend is driven by anticipation of a 25 bps Fed rate cut, with an 88.6% chance priced in by traders.
• Experts predict a dovish Fed outlook could keep BTC in the $93,000–$95,000 range; a cautious stance might pull it to $88,000.
• Over 403,000 BTC moved off exchanges this week, tightening supply and amplifying price reactions.
• Other cryptocurrencies like ETH, ADA, and SOL also saw gains, with Ethereum showing significant strength.

Why It Matters: Your crypto investments are highly sensitive to Fed policy and global economics.