BREAKING

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

NEAR

NEAR/USDT

$1.639
+1.11%
24h Volume

$77,625,570.02

24h H/L

$1.648 / $1.606

Change: $0.0420 (2.62%)

Funding Rate

+0.0075%

Longs pay

Data provided by COINOTAG DATALive data
NEAR
NEAR
Daily

$1.627

0.99%

Volume (24h): -

Resistance Levels
Resistance 3$1.792
Resistance 2$1.7232
Resistance 1$1.6392
Price$1.627
Support 1$1.611
Support 2$1.558
Support 3$1.4647
Pivot (PP):$1.611
Trend:Downtrend
RSI (14):37.7

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.

Share News:
Don't Miss Breaking News