Crypto markets slip, BTC near $87K as thin holiday liquidity and Fed minutes ahead could spur outsized moves

This week’s key US events — the Fed’s Dec. 9–10 FOMC meeting minutes (Dec. 30) and initial jobless claims (Dec. 31) — may drive outsized crypto volatility because liquidity is thin around the holidays and US markets close Jan. 1. Markets will watch Fed tone for clues on future rate cuts and any surprise in jobless claims. China’s new silver export licensing rules were noted as a potential supply factor. Current crypto snapshot: total market cap ≈ $2.98T, Bitcoin briefly near $90,450 then under $88,000, Ethereum near $3,000, with small gains across major altcoins.
AI Analysis
FOMC minutes (Dec. 30) and US initial jobless claims (Dec. 31) are upcoming, and the summary states thin holiday liquidity plus US market closure on Jan. 1 could amplify moves; the article also reports recent BTC and ETH price ranges, supporting potential short-term market sensitivity.