$BTC slipped post-FOMC, with altcoins mostly down more than 10%. Currently, $BTC is trading at $100,197, down 5.6%, and $ETH is trading at $3,627, down 6.8%. Bitcoin dominance is at 58.24%.
The December FOMC was more hawkish than expected, resulting in the steepest stock market fall since 2022 after hawkish Fed projections (see below). Regarding crypto, Powell stated that the central bank is not allowed to hold Bitcoin and is "not looking for a law change."
Notable headlines include: WLFI announced its partnership with $ENA to use sUSDe as collateral, $USUAL was listed on Binance Spot, and Deutsche Bank is building out a layer-2 rollup network on Ethereum with ZKsync.
Over the past 24 hours, the top gainers were $PENGU, $BGB, and $AI16Z, while the top losers were $POPCAT, $PNUT, and $NIERO.
