Citing Cryptofrontnews, historical data shows that December has often seen losses following a negative November, with Bitcoin closing in the red in 2018, 2019, 2021, and 2022. Experts are divided: economist Peter Schiff predicts continued declines into December and beyond, while BitMEX co-founder Arthur Hayes expects Bitcoin to stabilize above $80,000. Market data shows Bitcoin at $91,648 and Ethereum at $3,037, with altcoins showing mixed performance. The Federal Reserve’s upcoming FOMC meeting and potential rate cut could influence market stability. Analysts note that corporate buying has not significantly reduced volatility, and the December outlook remains uncertain as traders monitor macroeconomic events and seasonal trends.
December Crypto Outlook Signals Potential Decline Amid Seasonal Trends and Expert Predictions
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