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Analysis: Although there has been progress in cryptocurrency regulation, it still faces structural risks.
PANews December 18 News, Singapore-based crypto investment firm QCP Capital analyzes that the Federal Reserve has sent cautious signals, with interest rate paths tending to flatten. Market confidence and caution are intertwined at year-end. The FOMC's "hawkish rate cuts" aim to stabilize employment and control inflation, with policies depending on data. The dot plot shows the median interest rate at the next meeting will be between 3.25% and 3.5%. The 2026 interest rate path is even flatter, and the market expects approximately 2.3 rate cuts. Non-farm payroll data remains unchanged, with CPI becoming a short-term key indicator. The Fed's bond purchases have eased liquidity tensions. Additionally, the stock market and artificial intelligence remain key factors influencing macro trends. If income cannot match investments, risks are not limited to a correction in the AI sector but could also trigger a broader reset of stock market valuations. Given the central role of AI themes in this year's market performance, it is undoubtedly a key variable for 2026.
Furthermore, cryptocurrencies are still affected by macroeconomic