BREAKING

Powell Signals No Rate Hike as Markets Weigh Holding Steady or Cutting Rates on December 11

NEAR

NEAR/USDT

$2.137
-5.57%
24h Volume

$278,079,956.30

24h H/L

$2.272 / $2.09

Change: $0.1820 (8.71%)

Funding Rate

+0.0052%

Longs pay

Data provided by COINOTAG DATALive data
NEAR
NEAR
Daily

$2.147

2.14%

Volume (24h): -

Resistance Levels
Resistance 3$2.6218
Resistance 2$2.339
Resistance 1$2.1992
Price$2.147
Support 1$2.1001
Support 2$1.877
Support 3$1.548
Pivot (PP):$2.1477
Trend:Uptrend
RSI (14):50.0

Federal Reserve Chair Jerome Powell stressed that a rate hike is not the base scenario, with policy direction hinging on incoming data. The committee remains divided on the near-term path, weighing whether to hold rates steady or pursue a cut in the coming quarters. Some officials favor patience and data-driven adjustments, while others anticipate an easing cycle may unfold.

For crypto markets, the policy trajectory acts as a liquidity proxy. A prolonged hold can support stability in funding conditions, whereas a prospective rate cut could rekindle risk appetite and inflows into digital assets. Traders will also assess monetary policy signals, dollar strength, and macro data as the Fed communicates.

Investors should monitor forthcoming Fed statements and credible data, maintaining risk controls amid evolving guidance. In practice, track Bitcoin and other major tokens alongside regulatory developments and funding-cost metrics, since shifts in policy expectations frequently drive crypto liquidity and price action.

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