The past 24 hours have been quite eventful for the cryptocurrency market, which has naturally seen heightened volatility.<\/p>\n
Bitcoin (BTC) made another attempt to reach $95,000, but failed and retraced to around $90,000. Some of the leading altcoins are deep in the red today (December 11), with Cardano (ADA) heading south by double digits.<\/p>\n
The Federal Reserve announced<\/a> its third rate cut for this year, lowering the benchmark by 0.25% to the 3.50% \u2013 3.75% range. While the move was expected and perhaps priced in, it triggered additional volatility for Bitcoin.<\/p>\n The primary cryptocurrency shot above $94,000 mere hours after the official disclosure, but the bears intercepted the move and stepped in. Shortly after, they suppressed the valuation to as low as $89,600, whereas the asset currently trades at around $90,200.<\/p>\n <\/a>BTC Price, Source: TradingView<\/p>\n Some X users\u00a0reminded<\/a> that a trajectory of that type was observed following<\/span> the previous FOMC meetings and was later followed by a significant surge. Rate cuts are seen as bullish for the cryptocurrency market, but we have yet to see whether the latest one will positively impact BTC\u2019s long-term performance.<\/p>\n Following the latest turbulence, the asset\u2019s market capitalization slipped to approximately $1.8 trillion, whereas its dominance against the alternative coins increased to roughly 57.1%.<\/p>\n Most of the well-known altcoins followed BTC\u2019s steps and jumped after the Fed\u2019s announcement, but later retreated harder than the primary cryptocurrency.<\/p>\n Cardano (ADA) is the worst-performing top 100 digital asset today (December 11), posting a 10% loss and currently hovering around $0.42. Pump.fun (PUMP), Ethena (ENA), Avalanche (AVAX), Polkadot (DOT), Internet Computer (ICP), and Dogecoin (DOGE) follow next with declines of 6-8%.<\/p>\n However, it\u2019s not all doom and gloom as some alts are well in the green on a daily scale. Provenance Blockchain (HASH) has spiked by 8%, whereas MemeCore (M) is up 4%. The total cryptocurrency market capitalization retraced by 2.2% to the current $3.17 trillion.<\/p>\n <\/a>Cryptocurrency Market Overview, Source: QuantifyCrypto<\/p>\n The post Bitcoin (BTC) Stops at $90K After the FOMC Meeting, Cardano (ADA) Plunges by 10%: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The past 24 hours have been quite eventful for the cryptocurrency market, which has naturally seen heightened volatility. Bitcoin (BTC) made another attempt to reach $95,000, but failed and retraced to around $90,000. Some of the leading altcoins are deep in the red today (December 11), with Cardano (ADA) heading south by double digits. Pump […]<\/p>\n","protected":false},"author":0,"featured_media":119614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-119613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119613"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119613"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/119614"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}These Alts Bleed Out<\/h2>\n
![<\/a>BTC Price, Source: TradingView<\/p>\nSome X users\u00a0reminded<\/a> that a trajectory of that type was observed following<\/span> the previous FOMC meetings and was later followed by a significant surge. Rate cuts are seen as bullish for the cryptocurrency market, but we have yet to see whether the latest one will positively impact BTC\u2019s long-term performance.<\/p>\nFollowing the latest turbulence, the asset\u2019s market capitalization slipped to approximately $1.8 trillion, whereas its dominance against the alternative coins increased to roughly 57.1%.<\/p>\nThese Alts Bleed Out<\/h2>\nMost of the well-known altcoins followed BTC\u2019s steps and jumped after the Fed\u2019s announcement, but later retreated harder than the primary cryptocurrency.<\/p>\nCardano (ADA) is the worst-performing top 100 digital asset today (December 11), posting a 10% loss and currently hovering around $0.42. Pump.fun (PUMP), Ethena (ENA), Avalanche (AVAX), Polkadot (DOT), Internet Computer (ICP), and Dogecoin (DOGE) follow next with declines of 6-8%.<\/p>\nHowever, it\u2019s not all doom and gloom as some alts are well in the green on a daily scale. Provenance Blockchain (HASH) has spiked by 8%, whereas MemeCore (M) is up 4%. The total cryptocurrency market capitalization retraced by 2.2% to the current $3.17 trillion.<\/p>\n<\/a>Cryptocurrency Market Overview, Source: QuantifyCrypto<\/p>\nThe post Bitcoin (BTC) Stops at $90K After the FOMC Meeting, Cardano (ADA) Plunges by 10%: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The past 24 hours have been quite eventful for the cryptocurrency market, which has naturally seen heightened volatility. Bitcoin (BTC) made another attempt to reach $95,000, but failed and retraced to around $90,000. Some of the leading altcoins are deep in the red today (December 11), with Cardano (ADA) heading south by double digits. Pump […]<\/p>\n","protected":false},"author":0,"featured_media":119614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-119613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119613"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119613"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/119614"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/BTC-Price-3.png\"){kind=link}
![<\/a>Cryptocurrency Market Overview, Source: QuantifyCrypto<\/p>\nThe post Bitcoin (BTC) Stops at $90K After the FOMC Meeting, Cardano (ADA) Plunges by 10%: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The past 24 hours have been quite eventful for the cryptocurrency market, which has naturally seen heightened volatility. Bitcoin (BTC) made another attempt to reach $95,000, but failed and retraced to around $90,000. Some of the leading altcoins are deep in the red today (December 11), with Cardano (ADA) heading south by double digits. Pump […]<\/p>\n","protected":false},"author":0,"featured_media":119614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-119613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119613"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119613"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/119614"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/Quantify-2.png\"){kind=link}