Cryptocurrency markets are trading lower on Thursday, with Bitcoin falling below the $100,000 mark following Wednesday's Fed meeting.

Notable Statistics:

• IntoTheBlock data shows large transaction volume decreasing by 7.4%; daily active addresses remained relatively flat. Transactions greater than $100,000 are down from 14,557 to 13,516 in a single day. Exchanges netflows are down by 4.09%.
• Coinglass data reports 368,308 traders were liquidated in the past 24 hours for $1.19 billion, the most ;ong liquidations since Dec.10.
• Crypto chart analyst Ali Martinez noted whales purchased $1 billion worth BTC during recent market dip.

Notable Developments:

• Crypto Wallet Provider Exodus Makes Wall Street Debut, Shares Pop 37%
• Germany's Largest Bank Is Reportedly Leveraging Ethereum-Based Blockchain Solution To Overcome Regulatory Hurdles: Here's How
• Bitfinex Hacker Of 'Biggest Heist Ever' Documentary Takes Responsibility—But His Wife Has Other Ideas
• Stablecoins Can Redefine Global Finance, VanEck CEO Says: Are Banks Falling Behind?
• Bitcoin ETFs Rise In Pre Market Despite Jerome Powell Says Fed Cannot Hold BTC: What's Going On?

Top Losers:

Trader Notes: Bitcoin's price has dropped below the $100,000 mark, and several crypto traders are offering their insights. Altcoin Sherpa predicts a short-term bottom soon and suggests bidding at $94,000 if the price hits that level.

Crypto trader Flow believes the market's opportunity is closing quickly, signaling a potential deeper shift rather than a temporary blip.

While a Santa Claus rally could occur into January 2025, it should be seen as a chance to evaluate strength rather than blindly positioning.

Many trades have been influenced by Trump-related factors, and the post-inauguration period will reveal how well those promises hold up and how the market reacts to shifting narratives.

Analyst Ali Martinez points out key support levels between $98,830 and $95,830, where 1.09 million wallets hold more than 1.16 million BTC.

More Crypto Online highlights the recent low in Bitcoin as increasing the likelihood of a move toward $85,000, which could mark the final correction before a concluding bull market rally, though confirmation depends on the structure of the next relief rally.

• Bitcoin Price Rebounds Above $102,000 After Fed Meeting Calamity: Why Is BTC Going Up?

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