Gate.io News Bot message, December 9, 2025—According to CoinMarketCap data, the cryptocurrency market as a whole is facing correction pressure. With the Federal Reserve’s December 10 FOMC meeting approaching, the market expects a 25 basis point rate cut, but amid Bitcoin’s 20% cumulative decline over the past 90 days, investors are taking a wait-and-see approach, and some altcoins are under adjustment pressure. Below are the top five tokens with the largest declines in the past 24 hours:
1️⃣ 2Z (DoubleZero)
📉 Current Price: $0.12 | Decline: -8.07%
📊 24H High/Low: $0.14 / $0.12 | Market Cap: $451,085,370.58
⚠️ Although market analysis points out that 2Z is one of three altcoins potentially benefiting from rate cuts, it still failed to withstand short-term selling pressure amid the broader market correction, with investors adopting a cautious stance ahead of the Fed meeting.
2️⃣ BCH (Bitcoin Cash)
📉 Current Price: $576.03 | Decline: -3.84%
📊 24H High/Low: $604.55 / $575.26 | Market Cap: $11,500,148,909.83
⚠️ As a mainstream token with a top market cap, BCH is listed as a potential rate cut beneficiary, but with the Bitcoin ecosystem under pressure, the short-term decline has been relatively limited, reflecting relatively stable institutional holdings.
3️⃣ STRK (Starknet)
📉 Current Price: $0.108 | Decline: -3.09%
📊 24H High/Low: $0.11 / $0.107 | Market Cap: $519,021,525.07
⚠️ Although the Starknet ecosystem is replicating the early-stage rebound of Solana, with DeFi TVL having tripled since July, it remains difficult to rise against the trend during this period of risk asset adjustment.
4️⃣ ICP (Internet Computer)
📉 Current Price: $3.36 | Decline: -2.67%
📊 24H High/Low: $3.56 / $3.35 | Market Cap: $1,821,199,405.82
⚠️ ICP is one of the most actively developed projects, but in the context of the overall market correction, technical progress is unable to offset the impact of short-term risk sentiment.
5️⃣ HYPE (Hyperliquid)
📉 Current Price: $29.21 | Decline: -2.63%
📊 24H High/Low: $30.79 / $28.73 | Market Cap: $9,836,918,563.22
⚠️ HYPE is facing profit-taking pressure ahead of the Fed meeting. Although the platform ranks first among all blockchains in terms of fees (with $2 million in 24 hours), large short positions and whale hedging are still suppressing upward price breakout.
📉 Market Summary
The market is currently facing a contradictory situation of expected Fed rate cuts and Bitcoin’s long-term downward trend, with investors taking a wait-and-see approach ahead of the December 10 meeting. Altcoins are generally under adjustment pressure, with DoubleZero falling the most at -8.07%, and BCH, STRK, ICP, and HYPE down -3.84%, -3.09%, -2.67%, and -2.63% respectively. Although multiple positive factors (USDC cross-chain, ecosystem expansion, developer activity, etc.) support the fundamentals of some tokens, short-term technicals and market sentiment still dominate.
⚠️ Risk Warning
- There is a risk of a hawkish surprise in the Fed decision, and market expectations may reverse
- Bitcoin’s long-term downward trend remains unchanged, and altcoins still face downside risk
- High concentration of leveraged positions may trigger a chain of liquidations due to market volatility
- Investors should carefully assess their risk tolerance and avoid chasing highs
This message does not constitute investment advice. Please be aware of market volatility risks when investing.
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