Bitcoin’s surge above $94,000 was short-lived, with altcoins posting varied performance as markets await a key Federal Reserve policy decision.
Bitcoin briefly traded above $94,000 before retreating to around $92,500 as investors awaited a critical Federal Reserve decision and Chair Jerome Powell’s final 2025 press conference. Altcoins showed mixed results, with Ether up 7% to $3,320, Cardano jumping 8.5%, and Solana and dogecoin gaining over 5%. XRP rose 2% but remained down 4% on the week. Analysts debated whether the volatility spike marked a bottom or reflected continued uncertainty, noting BTC’s consolidation in the $86,000–$94,000 range. Chinese equities fell on higher inflation, Japanese markets edged down, and silver hit a record high. GoPlus reported $4.7M in 2025 revenue, with its app contributing $2.5M and SafeToken Protocol $1.7M. Its Token Security API averaged 717M monthly calls and the $GPS token saw over $5B spot and $10B derivatives volume. Binance co-CEO Yi He's WeChat account was hacked to promote a memecoin in a pump-and-dump scheme.