Crypto’s December Gauntlet: Bulls Hold the Line, but Bears Smell Blood

The crypto market is known for its explosive moves, but volatility comes with a price. Tuesday’s crash saw altcoins bleeding heavily while Bitcoin held its ground, dipping only to $94.3K before buyers stepped in. But resilience doesn’t equal immunity—macro factors are looming large over the market.

The U.S. Dollar Index (DXY) has been strengthening, closing Tuesday at 106.38 (+0.22%), and Wednesday’s CPI report could set the tone for next week’s FOMC interest rate decision. With geopolitical uncertainties bubbling under the surface and fears of economic slowdowns still haunting investors, this is no time for complacency. Bitcoin ($BTC) sits at a crossroads, and the next moves in the market may decide whether bulls regain control or a deeper correction unfolds.

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Author: Michal D. Ciesla

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