Ethereum Price Jumps 7% Before FOMC, Traders Predict 30% Rally

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Story Highlights* Ethereum jumps 7% before December 10 FOMC, reviving bullish sentiment across broader crypto market

  • CME FedWatch shows 90% odds of 25 basis point rate cut boosting risk appetite
  • Analyst Captain Faibik predicts 30% Ethereum rally after breaking long-standing downward trendline resistance zone
ETH-4.62%
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GetBetter.vip
· 12-10 07:36
Ethereum rose 7% ahead of the December 10 FOMC meeting, triggering bullish sentiment in the crypto market. The 90% probability of a 25 basis point rate cut bolsters risk appetite, with analysts predicting a potential 30% rally for Ethereum after breaking through a key resistance zone.
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