$300 million liquidated from crypto market in one hour as Fed Chair delivers FOMC speech

Bitcoin's price is hovering around $109,000 after the Federal Reserve's recent rate cut to 4.00%. This change in monetary policy has traders excited, as they speculate whether it could spark a renewed rally following the cryptocurrency's halving event. With a solid support level established at $108,000, many are optimistic about the potential for Bitcoin to gain momentum again, especially with increased ETF flows. This is significant because it could influence market trends and investor confidence in the cryptocurrency space.

Zcash (ZEC) is making headlines with a remarkable price surge, currently trading at around $335, which marks a 40% increase in just a week and an impressive 400% rise over the past month. This rally has sparked renewed interest in privacy coins, highlighting their potential as they gain traction in the mainstream crypto market. Investors are keenly watching ZEC's trajectory, with some speculating whether it could reach the $500 mark, making this a significant moment for both Zcash and the broader cryptocurrency landscape.

The Cronos Smarturn upgrade launched today, generating excitement in the crypto community. However, this enthusiasm was dampened by significant market volatility, particularly after the U.S. Federal Reserve's recent rate cut, which led to a sharp decline in the CRO price and a drop in Bitcoin's value. This situation highlights the fragility of the crypto market and raises concerns about the potential impact of economic policies on digital currencies.

Bitcoin's price has plummeted for four straight days, hitting its lowest point since late October. This decline follows the Federal Reserve's recent interest rate cuts and a trade deal between Donald Trump and Xi Jinping. The situation is significant as it reflects the volatility of cryptocurrencies in response to economic policies and geopolitical events, raising concerns among investors about the stability of digital currencies.

The endorsement of Bitcoin by all five Federal Reserve Chair candidates is creating a buzz in the financial world, leading to a surge in mining activities on ETCMining. This shift towards Bitcoin-friendly leadership not only highlights the growing acceptance of cryptocurrency but also promotes a greener and more accessible digital investment landscape for people globally. It's an exciting time for investors as the potential for Bitcoin to become mainstream continues to rise.

The Federal Reserve has cut interest rates by 0.25% and confirmed the end of quantitative tightening on December 1. This move is significant as it often leads investors back to high-risk assets like cryptocurrencies. While Bitcoin typically sees a decline after FOMC meetings, historically, it tends to reach new all-time highs before the next meeting. Projects like $HYPER, $BEST, and $ASTER are likely to benefit as capital flows back into the on-chain ecosystem.

The recent surge in Solana's price predictions has sparked excitement among investors, especially following a record ETF debut that saw inflows exceeding $117 million in just two days. This significant interest indicates a growing confidence in the cryptocurrency market, even as Solana struggles to surpass the $200 mark. The ETF's success is crucial as it brings Solana into the mainstream, potentially attracting more investors and driving further growth in the crypto space.

The article explores the potential impact of a Bitcoin crash on other cryptocurrencies like Ether and XRP. It raises important questions about market stability and investor confidence, as a downturn in Bitcoin could lead to a ripple effect throughout the entire crypto market. Understanding these dynamics is crucial for investors and enthusiasts alike, as it highlights the interconnectedness of digital currencies.

Analysts are buzzing with excitement as they predict a staggering 1,500% rally for the PEPE meme coin, potentially reaching $0.00012 by early 2026. This surge reflects growing confidence in the meme coin community and could mark a significant milestone for investors. With such optimistic forecasts, many are eager to see if PEPE can indeed break its previous records, making it a hot topic in the cryptocurrency world.

Nigerian fintech company Flutterwave is teaming up with Polygon Labs to create a groundbreaking stablecoin payment system that will facilitate cross-border transactions across 34 African countries. This initiative is significant as it aims to enhance financial inclusion and streamline payments in a region where traditional banking services are often limited. By leveraging blockchain technology, this partnership could revolutionize how businesses and consumers conduct transactions, making it easier and more efficient.

Lolli has made a significant move by acquiring Slice, a browser extension that will enhance its Bitcoin rewards program. This acquisition is exciting because it allows users to earn Bitcoin while they shop and browse online, making cryptocurrency more accessible and integrated into everyday transactions. As more people engage with Bitcoin through familiar shopping experiences, it could lead to greater adoption of digital currencies.

Chainlink has been selected as the oracle provider for Ondo's tokenized assets, marking a significant step in the integration of blockchain technology with traditional finance. This partnership is crucial as it enhances the reliability and efficiency of asset tokenization, allowing for greater transparency and accessibility in financial markets. As tokenized assets gain traction, this collaboration could pave the way for more innovative financial solutions.

Uphold has reintroduced its XRP rewards debit card in the U.S., just as more consumers and merchants are embracing cryptocurrencies for payments. This launch is significant because it taps into the increasing trend of crypto adoption, making it easier for users to spend their digital assets while earning rewards. As the market heats up, Uphold's initiative could encourage even more people to explore and utilize cryptocurrencies in their daily transactions.

Stellar's XLM has maintained a steady price of $0.2975, despite a lack of strong trading volume that has limited its rebound potential. This stability in price is noteworthy as it reflects the current market conditions and investor sentiment towards cryptocurrencies. Understanding these dynamics is crucial for investors looking to navigate the volatile crypto landscape.