Top analyst eyes Bitcoin price of $100K after Fed’s Dec. 10 decision

The Federal Reserve is set to announce its decision on interest rates for the last time this year on Dec. 10 and a crypto analyst believes it won't be difficult for Bitcoin (BTC) to test the $100,000 areas.

The central bank is expected to slash its benchmark rate by a quarter percentage point at the conclusion of the two-day Federal Open Market Committee (FOMC) meeting.

If the Fed acts as per market expectations, it would be the third rate cut this year.

Kevin Hassett, the White House economic adviser and the front-runner to be the next Fed chair, told the WSJ CEO Council that there is "plenty of room" to cut interest rates further.

"If the data suggests that we could do it then - like right now, I think there's plenty of room to do it."

Hassett is President Donald Trump's top choice for the position once the current chair Jerome Powell's tenure ends. Trump has repeatedly criticized Powell for being "too late" in slashing rates.

Hassett echoed the sentiment and said the most important job that the Fed chair has is to look at "the economic data and to avoid being part of politics."

The current rate range stands at 3.75% to 4%.

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Michaël van de Poppe says Bitcoin could test $100,000

Though the last rate cut in October hardly had any impact on BTC's price, Michaël van de Poppe expects the next cut to boost the cryptocurrency's price.

Bitcoin rose 4% in a day to approach the $94,500 price mark on Dec. 9, a day ahead of the Fed's key decision. 

Michaël van de Poppe called it a "great move" on the part of Bitcoin. It's following a bullish scenario and a breakout above $92,000 might be a signal, he added.

"It's clear that there's a more risk-on appetite on the horizon."

This is a great move by #Bitcoin.

It's still following the bullish scenario, in which the breakout above $92K might be a signal.

Strong data coming out of the US on the labor market data, and, since then, prices have been rallying in which $ETH is outperforming $BTC strongly.… pic.twitter.com/mtCSKjcIk9

— Michaël van de Poppe (@CryptoMichNL) December 9, 2025

The top analyst said he hoped for BTC to hold the $91,500-$92,000 support level.

If it succeeds in doing so, there is no reason why BTC can't test the $100,000 areas next, he predicted.

At the time of writing, Bitcoin was exchanging hands at $93,974.66.

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