🦅 MARKET UPDATE Texas Moves Early While the Fed Takes the Stage

Date: December 10, 2025

1️⃣ Texas Makes a Pre-Fed Move

A few hours before the Federal Reserve’s rate decision, Texas announced the launch of its Strategic Bitcoin Reserve, starting with a $5M purchase.

Why this actually matters:
Not because it “validates” anything that word gets abused. It matters because a state-level entity allocating even a small amount to Bitcoin signals that institutional adoption is still expanding, despite volatility. It’s a data point, not a prophecy.

2️⃣ Fed Decision Incoming

Bitcoin is sitting in a narrow range around $90k–$92k while the market waits for the Fed.
A rate cut is mostly priced in. The real movement up or down will come from Powell’s wording, not the headline decision.

Don’t act surprised: markets have been reacting more to tone than policy for years.

🦅 Straightforward Take

Ignore the dramatic narratives.
Yes, institutions keep finding ways to integrate Bitcoin.
Yes, governments experimenting with small allocations is noteworthy.
But none of that magically stabilizes the market or creates a “floor.”

If you’re going to follow this space, follow it with a clear head, not someone else’s hype.