K33 Research report states that despite global de-risking leading to a decline in stock markets, Bitcoin has still seen a slight increase over the past day, with its 30-day Nasdaq correlation rising above 0.50. Analysts indicate that the December FOMC meeting is viewed as a major catalyst for the decline of risk assets, as the Federal Reserve has lowered its expectations for interest rate cuts in 2025 from four times to two times.

Analysts further suggest that although global stock indices are down, as the market processes the Federal Open Market Committee (FOMC) meeting on December 18, Federal Reserve Chair Jerome Powell indicated that the pace of monetary easing will slow in 2025.