Ibrahim Ajibade

Dogecoin price broke below the $0.40 support on Monday, tumbling 15% in the last seven days despite Bitcoin price hitting new all-time highs. Vital markets data shows DOGE has struggled to find new buyers since retracing from its 3-year peak on December 9.

The global crypto market snapped out of a tepid start to the month after hotter-than-expected consumer inflation data sparked hopes of a third consecutive US Fed rate cut.

Litecoin price traded as high as $131 on Binance on Tuesday, rising 35% within the weekly time frame.

As the US Federal Open Market Committee (FOMC) kicked off its last meeting of the year on Tuesday, bullish traders placed last minute bets in anticipation of a third consecutive rate cut decision.

As the US central bank's governors on Wednesday projected fewer rate cuts in 2025, crypto traders opted to take profits off the table.

The Federal Reserve's (Fed) 25-basis-point rate cut on Wednesday aligned with market expectations.

Bitcoin Cash price plunged to a 40-day low of $390 as the crypto market crash extended further on Friday.

Litecoin price briefly touched the $105 mark on Monday, rebounding 22% from the one-month low of $87 recorded during the market crash on December 20.

The cryptocurrency market capitalization fell below $3.5 trillion on Monday, marking a 2.4% decline in the last 24 hours.

Bitcoin price opened trading below the $95,000 level on Tuesday, marking its lowest level since November 27. On-chain data trends show rising sell-side pressure from large investors. Is BTC at risk of falling below $90,000?