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Fed Day: Markets Brace for Rate Cut as Bitcoin Tests Ninety-Two Thousand
Today on Chain Reaction, we break down the Federal Reserve's highly anticipated December rate decision expected later today. With a twenty-five basis point cut nearly priced in, all eyes are on Chair Powell's guidance for twenty twenty-six. We cover Ethereum's impressive outperformance, surging eight percent ahead of the meeting, while Bitcoin holds near ninety-two thousand dollars. Major institutional developments include PNC Bank launching Bitcoin trading for fifteen million customers via Coinbase, and the SEC approving Bitwise's multi-asset crypto index fund for NYSE trading. Plus…
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