The cryptocurrency market exhibited a measured, constructive reaction on December 10, 2025, following the Federal Reserve's decision to cut its benchmark interest rate by 25 basis points. In his accompanying press conference, Chair Jerome Powell acknowledged rising risks in the labor market and signaled that future policy easing would remain data-dependent.
The total crypto market capitalization edged higher after the announcement, accelerating slightly post-Powell's remarks to recover toward the $3.26 trillion region. This mirrored a typical early-stage post-FOMC response, where capital rotates cautiously into risk assets without aggressive commitment. The altcoin market cap similarly ticked upward, returning to approximately $1.46 trillion, reflecting improved but not euphoric sentiment.
Bitcoin (BTC) briefly dipped after the statement but recovered to trade near $92,297, stabilizing above the $92,000 level. Its Relative Strength Index (RSI) rose toward a neutral-bullish territory around 49-50, suggesting slowly improving momentum. Analysts noted that the Fed's acknowledgment of employment downside risks is a historically bullish macro signal for BTC, with traders pricing in expectations for further cuts if labor conditions weaken.
Ethereum (ETH) showed a slightly more decisive reaction, closing the day near $3,335 and pushing its RSI toward 58, indicating strengthening bullish momentum. ETH's performance is being supported by expectations of higher beta performance if liquidity improves, renewed whale accumulation observed earlier in the week, and a cleaner technical recovery structure compared to Bitcoin.
Separately, Fetch.ai (FET) gained 11% in the past day, with its price approaching a deep liquidity-cluster level on charts that often triggers long squeezes. Despite this technical risk, on-chain and derivatives data showed bullish momentum. Daily trading volume surged 86% to $127.5 million, and Open Interest in derivatives markets increased by approximately 9%, adding about $6.37 million, while the Funding Rate remained positive.
