Crypto Market Braces for Fed Rate Cut as Bitcoin Tests $94,000 Breakout

Crypto markets are on edge ahead of today’s Federal Reserve decision, with Bitcoin attempting to reclaim $94,000 following a brutal Q4 downturn. While traders anticipate a 25 bps rate cut, markets remain fragile after nearly $1 billion in liquidations and a sentiment shift from “Extreme Fear.” Altcoins are rallying into the announcement, but direction now hinges squarely on Powell’s tone.