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another reduction in December is “not a foregone conclusion,” despite the Fed indicating this was the plan earlier this year.Bitcoin was down 4% over the past 24 hours at the time of writing, and just about holding above $110,000. Ether’s fallen by 5% too, dipping below $3,900.Bitcoin (BTC)24h7d30d1yAll timeCopper’s head of research Fadi Aboualfa told Cryptonews that crypto traders had prepared for today’s Fed meeting ahead of time.He said the “real signal” now lies in inflows to BTC ETFs, and whether institutional buying holds steady.“Bitcoin has moved beyond the retail sentiment cycle — volatility has compressed because the holder base is more patient, and Wall Street advisers are the ones allocating serious capital now. The more Bitcoin behaves like a mature asset, the stronger the long-term compounding story becomes: that stability is precisely what enables supply squeezes to build.”Nonetheless, Aboualfa did warn that Bitcoin has the potential to fall further in the short-term. He believes “a quick move” to $108,000 is possible, but noted that “dips keep getting absorbed by account building multi-month positions.”“A close above $111,000 keeps the structural pattern intact that we’ve seen before major bull run-ups. Bears still need to prove they can do more than shake weak hands.”As previously reported by Cryptonews, questions have been asked about whether continued interest rate cuts are wise — especially given releases from the Bureau of Labor Statistics have been delayed or postponed because of the government shutdown, with no end in sight.Copper argues that BTC had a “remarkably familiar setup” to October 2024 ahead of the Fed decision — with a “wait-for-catalyst mentality that defined Bitcoin’s behavior the last time monetary expectations pivoted.”Prior to the FOMC’s meeting, the crypto company had described $114,600 as the price point where a breakout would become real — with “momentum ignition likely” above this level. That hasn’t happened, meaning “the door remains open to another test by the bears.”Further catalysts are on the horizon — with GDP data the next to emerge. Setting out what could prove most beneficial for the crypto markets, Aboualfa wrote:Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,895.25 +39.75 (+0.58%)Dow Futures47,680.00 +3.00 (+0.01%)Nasdaq Futures26,158.50 +275.75 (+1.07%)Russell 2000 Futures2,470.40 -5.20 (-0.21%)VIX16.41 -0.50 (-2.96%)Gold4,031.40 +15.50 (+0.39%)PortfolioSign in to access your portfolioSign inTop gainersGH Guardant Health, Inc. 92.41 +20.14 (+27.87%)FORM FormFactor, Inc. 59.25 +11.53 (+24.16%)VIAV Viavi Solutions Inc. 17.10 +3.12 (+22.32%)GSAT Globalstar, Inc. 50.78 +9.24 (+22.24%)MTSR Metsera, Inc. 63.73 +11.52 (+22.06%)Top losersAPLS Apellis Pharmaceuticals, Inc. 20.73 -9.32 (-31.02%)SFM Sprouts Farmers Market, Inc. 77.25 -27.30 (-26.11%)ITRI Itron, Inc. 108.99 -29.19 (-21.12%)CMG Chipotle Mexican Grill, Inc. 32.53 -7.23 (-18.18%)CI The Cigna Group 247.10 -52.02 (-17.39%)Most activeNVDA NVIDIA Corporation 202.89 -4.15 (-2.00%)PFE Pfizer Inc. 24.29 0.00 (0.00%)ABEV Ambev S.A. 2.3000 +0.1200 (+5.50%)ONDS Ondas Holdings Inc. 6.29 -0.46 (-6.81%)CMG Chipotle Mexican Grill, Inc. 32.53 -7.23 (-18.18%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersAMZN Amazon.com, Inc. 222.86 -7.44 (-3.23%)NFLX Netflix, Inc. 1,089.00 -11.41 (-1.04%)BTC-USD Bitcoin USD 109,629.70 -1,716.66 (-1.54%)AAPL Apple Inc. 271.40 +1.70 (+0.63%)RDDT Reddit, Inc. 194.42 -16.35 (-7.76%)Top economic events