Coinspeaker
Dec 10, 2025
3 0

Bitcoin Surges to $94,600 Amid Increased Trading Activity

Bitcoin Surge

  • Bitcoin climbed to $94,600 amid increased trading activity on Dec. 9.
  • Traders showed renewed interest, driven by fear of missing out (FOMO).
  • Social platforms indicated a sharp rise in calls for higher prices.
  • US spot Bitcoin ETFs saw a record December inflow of $151 million.
  • Bitcoin is currently trading around $92,700, increasing its market cap significantly.

Spot vs Futures Activity

  • CryptoQuant data shows higher spot volume compared to futures in November 2025.
  • This suggests investors prefer asset holding over speculative trading.

Federal Reserve Rate Decision Impact

  • The Federal Reserve's meeting may influence Bitcoin's price movement.
  • Rate cuts generally result in Bitcoin's upward movement due to weaker US dollar.
  • Previous rate cut announcements led to volatile Bitcoin responses.
  • Analysts warn of potential "buy the rumor, sell the news" behavior.

Market Outlook

  • Analyst Michael van de Poppe targets $100,000 for Bitcoin, dismissing bear phase concerns.
  • He notes Bitcoin's correlation with the Nasdaq and expects a surge.
  • Van de Poppe predicts a mid-term target of $110,000-$115,000.