#btc $BTC rebounds after a sudden decline...strong rises spread in the market.

#Bitcoin rebounded higher after the US Federal Reserve's interest rate decision on Wednesday for the first time since Monday's surprise pullback, sending the cryptocurrency market and shares of digital asset-focused companies higher, as the Federal Reserve signaled interest rate cuts next year.

#While_US_central_bank_officials left the federal funds rate at 5.25%-5.5% on Wednesday at the conclusion of the December FOMC meeting, they expected the rate to fall to 4.6% by the end of 2024, suggesting approximately Of the three cuts of about 25 basis points. A nearly unanimous 17 of 19 Fed officials expect interest rates to be lower by the end of 2024 than they are now.

#The_dollar fell to its lowest level in four months, making digital assets more attractive to investors, while the benchmark 10-year US bond yield fell to its lowest level since early August. Markets now expect a roughly 89% chance of a March Fed rate cut, according to the Investing Saudi Arabia Fed Rate Tracker. Meanwhile, bond yields and the US dollar index fell sharply on dovish expectations from the Federal Reserve, supporting a rally in riskier markets and assets including stocks and cryptocurrencies .