Crypto market rally at risk, Fed official warns on rate cuts
The crypto market rose slightly today, Dec. 19, as investors bought the dip following the Bank of Japan’s interest rate hike and the U.S. release of encouraging consumer inflation data.
Summary
- The ongoing crypto market rally could be at risk after a warning from John Williams.
- He warned that he did not see the need for more interest rate cuts in 2026.
- There are other potential risks, including the bearish flag and the Bank of Japan rate hikes.
Bitcoin (BTC) price rose to $88,000, while the market capitalization of all tokens rose to $2.97 trillion. Some of the top gainers were tokens like Bitcoin Cash, Zcash, and Morpho.
Crypto market rally at risk after Fed…
