Bitcoin Stabilizes Near $93,000 Amid Fed Rate Cut and Gemini Regulatory Milestone

On Wednesday, December 10, 2025, the U.S. Federal Reserve (Fed) delivered its third consecutive reduction to the target range for the federal funds rate. This cut amounted to 25 basis points, settling the rate between 3.5% and 3.75% annually. The decision, made by the Federal Open Market Committee (FOMC), aligned precisely with what market analysts had widely anticipated. However, the announcement was tempered by signals suggesting ongoing uncertainty regarding the broader economic outlook and elevated risks present in the labor market.

The cryptocurrency market exhibited a mixed reaction following these monetary policy adjustments. Bitcoin (BTC) initially dipped, touching a low of $89,000 immediately after the Fed's announcement. By Thursday, December 11, 2025, though, the digital asset had managed to claw back its losses, trading steadily around the $93,000 mark. Some market observers suggest this rebound indicates a degree of stabilization, even as it might imply that the impact of the Fed's easing policy on digital assets is beginning to wane. Conversely, altcoins generally showed signs of weakness; for instance, Avalanche (AVAX) recorded a notable 10.20% decline over the preceding seven-day period.

Meanwhile, U.S. stock indices presented a varied picture. The S&P 500 managed to close with a slight gain, while the Dow Jones Industrial Average (DJIA) posted a more substantial increase of 1.3%. In contrast, the U.S. Dollar Index (DXY) retreated to its lowest level since the middle of October. This divergence highlights a complex environment where traditional assets reacted differently to the Fed's actions, setting the stage for varied investor sentiment across different asset classes.

The precious metals sector experienced a significant rally during this period. On December 12, 2025, silver surged to an all-time high, surpassing the $64 per troy ounce threshold. On that same day, the spot price for silver was recorded at $63.87 per ounce, marking an impressive yearly appreciation of approximately 90%. Gold also firmed up, nearing the $4,300 per ounce level and reaching a seven-week peak. Analysts attribute silver’s ascent to the weakening dollar, robust industrial demand, and the U.S. government’s designation of the metal as a critical mineral.

Running parallel to these macroeconomic developments, the cryptocurrency industry secured a major regulatory achievement. On December 10, 2025, Gemini Titan, an affiliated entity, successfully obtained a Designated Contract Market (DCM) license from the U.S. Commodity Futures Trading Commission (CFTC). This licensing procedure, which commenced back in March 2020, took nearly five years to finalize. Securing DCM status empowers Gemini Titan to launch regulated prediction markets for its U.S. clientele. According to company President Cameron Winklevoss, this outcome underscores the readiness of U.S. regulators to legitimize the prediction market sector.

The Federal Reserve also released updated macroeconomic projections, revising its 2025 U.S. GDP growth forecast upward to 1.7% from the previous estimate of 1.6%. Furthermore, the PCE inflation forecast for 2025 was slightly lowered to 2.9% from 3.0%. Market participants are now looking ahead to the next FOMC meeting, scheduled for January 28, 2026. In summary, the current market landscape displays a clear divergence: regulatory breakthroughs within the crypto sphere and the strengthening of safe-haven assets stand in contrast to the diminishing immediate impact of monetary stimulus on major cryptocurrencies.