3 Altcoins to Watch Ahead of the December FOMC Meeting
Three altcoins—Fartcoin, Bitcoin Cash, and Double Zero—are highlighted as potentially benefiting from an anticipated December FOMC interest rate cut.Summary
The upcoming December FOMC meeting is widely expected to feature a 25-basis-point interest rate cut, which could boost the crypto market as lower rates typically drive capital toward risk assets. BeInCrypto analyzed three altcoins positioned to benefit from this potential move: Fartcoin (FARTCOIN), which is showing resilience and bullish momentum; Bitcoin Cash (BCH), which often mirrors Bitcoin's price action; and Double Zero (2Z), which has entered the top 100 assets and shows strengthening bullish momentum.
For each coin, the article outlines key price levels. FARTCOIN could climb toward $0.470 if sentiment holds, but risks falling to $0.280 if momentum fades. BCH needs to secure $593 to aim for $624, otherwise it could drop to $555. Similarly, 2Z is aiming for $0.1581 if it breaks $0.1433 resistance, but a drop below $0.1296 would invalidate its bullish outlook.
Conversely, the article notes that a hawkish surprise (no rate cut) could suppress demand, especially given Bitcoin's recent 20% decline over 90 days, potentially leading to sell-offs for these altcoins.
(Source：BeInCrypto)