Bitcoin traders are looking toward a potential seasonal ‘Santa Rally’ as market volatility increases due to recent actions by the Federal Reserve. This anticipated rally typically occurs in December and is characterized by rising asset prices. Traders are hopeful that the Fed’s measures will contribute to a favorable environment for price increases. The volatility in the market may present opportunities for traders to capitalize on potential upward trends. Many in the cryptocurrency community are monitoring these developments closely, as they could influence trading strategies heading into the year-end.
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