<\/p>\n\n\n\n
Bitcoin held mostly steady on Thursday, consolidating after a powerful rebound that lifted the cryptocurrency back above the $93,000 mark on Wednesday, supported by improving regulatory sentiment in the U.S. and rising expectations of a Federal Reserve rate cut next week.<\/p>\n\n\n\n
The world\u2019s largest digital asset inched 0.3% lower to $93,140.6<\/strong> by 01:56 ET (06:56 GMT), pausing after a volatile week that saw prices briefly slide toward $84,000<\/strong>.<\/p>\n\n\n\n The recovery has been fueled by positive regulatory signals in the U.S.<\/p>\n\n\n\n Comments from SEC Chair Paul Atkins<\/strong>, who said the agency plans to introduce an \u201cinnovation exemption\u201d<\/em> designed for digital-asset firms, helped ease concerns around restrictive oversight. The proposal aims to modernize rules around issuance, custody, and trading \u2014 a move welcomed by the crypto industry.<\/p>\n\n\n\n Adding further momentum, global asset-management giant Vanguard<\/strong> reversed its long-standing ban on crypto ETFs. It will now allow clients to trade third-party crypto ETFs and mutual funds on its platform, signaling rising mainstream acceptance of crypto investment products and opening the door to fresh institutional inflows.<\/p>\n\n\n\n Broader risk sentiment has been supported by growing conviction that the Federal Reserve will lower interest rates at next week\u2019s policy meeting.<\/p>\n\n\n\n Market pricing indicates a strong probability of a 25-basis-point cut<\/strong>, a shift that generally improves liquidity conditions and boosts appetite for risk-sensitive assets like Bitcoin.<\/p>\n\n\n\n Bitcoin has also benefited from the Fed\u2019s decision to halt its quantitative tightening program on Dec. 1 and resume large-scale repo operations \u2014 effectively adding liquidity to the financial system.<\/p>\n\n\n\n Still, the dramatic whipsaw from below $84K<\/strong> to above $93K<\/strong> highlights how fragile the market structure remains, with forced liquidations and thin liquidity amplifying volatility.<\/p>\n\n\n\n Altcoins were mostly firmer on Thursday, though trading ranges stayed tight amid lingering caution.<\/p>\n\n\n\n Among meme tokens, Dogecoin<\/strong> and $TRUMP<\/strong> were little changed.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin held mostly steady on Thursday, consolidating after a powerful rebound that lifted the cryptocurrency back above the $93,000 mark on Wednesday, supported by improving regulatory sentiment in the U.S. and rising expectations of a Federal Reserve rate cut next week. The world\u2019s largest digital asset inched 0.3% lower to $93,140.6 by 01:56 ET (06:56 …<\/p>\n","protected":false},"author":9,"featured_media":54500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-121406","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=121406"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121406\/revisions"}],"predecessor-version":[{"id":121407,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121406\/revisions\/121407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/54500"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Regulatory developments restore confidence<\/strong><\/h3>\n\n\n\n
Macro tailwinds: Fed cut bets and liquidity boost<\/strong><\/h3>\n\n\n\n
Crypto price today: altcoins mixed; Ether jumps over 4%<\/strong><\/h3>\n\n\n\n
\n