Fed Day: Markets Brace for Rate Cut as Bitcoin Tests Ninety-Two Thousand

Today on Chain Reaction, we break down the Federal Reserve's highly anticipated December rate decision expected later today. With a twenty-five basis point cut nearly priced in, all eyes are on Chair Powell's guidance for twenty twenty-six. We cover Ethereum's impressive outperformance, surging eight percent ahead of the meeting, while Bitcoin holds near ninety-two thousand dollars. Major institutional developments include PNC Bank launching Bitcoin trading for fifteen million customers via Coinbase, and the SEC approving Bitwise's multi-asset crypto index fund for NYSE trading. Plus, regulatory updates from the CFTC's new digital asset pilot program, and key insights on why Jerome Powell's press conference matters more than the rate cut itself. Tune in for the complete rundown of today's crypto market action.