Federal Reserve officials approved a 25 basis point rate cut at Wednesday’s FOMC meeting, while Bitcoin traded near $92,000 as markets had largely anticipated the move. Analysts note a developing double-bottom around $83,000 support and highlight the Fed’s planned $40 billion in Treasury bill purchases over 30 days as a potential liquidity boost. If the $90,000–$92,000 zone holds, BTC could retest resistance near $100,600 to $108,000.

On Dec. 9, 2025, PNC Bank began offering eligible private banking clients direct spot Bitcoin trading, with the service powered by Coinbase. The launch follows confirmation from the Office of the Comptroller of the Currency that U.S. banks may conduct riskless principal crypto transactions. From a technical standpoint, Bitcoin needs to hold the $90,000–$92,000 area to aim for $105,000–$120,000, while $83,000 remains a key support level.

Fed Chair Jerome Powell's 2:30 pm ET press conference comes as Bitcoin trades near $92,000, with a quoted price of $92,099.28. Traders are watching how his guidance frames the 2025 path, whether signaling two or four cuts, and whether the tone reads as dovish or hawkish for crypto risk appetite.

The Federal Reserve will publish its December rate decision at 2:00 PM ET, with Chair Jerome Powell to follow at 2:30 PM. Bitcoin is trading near $92,000 as markets price an 89% chance of a cut to a 3.50%-3.75% target range. Mixed readings on labor, inflation, and job openings frame the announcement.

On December 9, 2025, the Office of the Comptroller of the Currency said national banks may conduct riskless principal crypto-asset transactions under Interpretive Letter 1188. The model allows banks to intermediate client trades by offsetting buys and sells without holding inventory, reducing settlement and counterparty exposure. It aligns brokerage-style crypto activity with established banking practices.

Research released on December 8, 2025, identified a data aggregation error that causes most third-party dashboards to double-count Polymarket trades and overstate reported volume by about 100%, according to Paradigm. Adjusted calculations place October and November 2024 volumes at roughly $1.25 billion each, while major data providers move to update their metrics.

In the third quarter, Harvard University lifted its stake in the iShares Bitcoin Trust to $442.8 million, making it the endowment’s largest reported holding and about 0.75% of its $57 billion portfolio. The university also expanded its gold ETF exposure to $235 million. That effectively favored Bitcoin over gold at roughly a two-to-one ratio. Subsequent market declines have left the crypto position showing sizable paper losses.

ZKsync plans to deprecate ZKsync Lite, Ethereum’s first zero-knowledge rollup, in 2026 as it shifts its focus to ZKsync Era and the Elastic Network. The legacy Layer 2, launched in December 2020, will remain fully operational with funds secure and withdrawals active until a planned wind-down. ZKsync expects to publish detailed migration guidance and a full shutdown timeline next year.

Coinbase has resumed services in India following a two-year suspension, currently offering crypto-to-crypto trading after securing Financial Intelligence Unit registration. The exchange plans to enable rupee deposits and direct digital asset purchases by 2026.