#FedHODL The Federal Reserve has decided to keep the interest rate unchanged at 4.25%-4.50%. This decision aligns with market expectations as the central bank makes its first policy announcement of the new year.
$BTC What is Bitcoin? Bitcoin is a convertible virtual currency. Virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value. Is Bitcoin a commodity? Yes, virtual currencies, such as Bitcoin, have been determined to be commodities under the Commodity Exchange Act (CEA). Does the CFTC oversee Bitcoin? The U.S. Commodity Futures Trading Commission’s (CFTC) jurisdiction is implicated when a virtual currency is used in a derivatives contract, or if there is fraud or manipulation involving a virtual currency traded in interstate commerce.
#BitcoinKeyZone After a week consolidating around $90K, Bitcoin broke out with a vengeance midway through last week, powering up to a high above $99K as of writing. At this point, the momentum and sentiment are clearly extremely bullish, but it’s worth wondering whether upcoming resistance at $100K (psychologically-significant round number) or $102K (161.8% Fibonacci extension of the 2021-2022 pullback may prompt a round of profit-taking, especially with the RSI showing a potential bearish divergence, though we would need price to roll over to confirm the signal
Here are the most important things crypto investors need to know from our Grass price prediction:
Our real-time $GRASS to USD price chart gives the current Grass price as $3.30 on December 4, 2024.
Grass currently has a market cap of $805.49M.
$GRASS has been steadily rising since its airdrop, and we think the token can continue to move higher before the end of the year. We predict an average year-end price of $3.30.
$GRASS could jump sharply higher in 2025 as AI hype meets a crypto bull market and friendlier crypto regulations in the US. We predict a potential high of $5.64.