Bitcoin Dips Below $90,000 After Fed Cut Widens Stocks Split
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Bitcoin price dropped below $90,000 after a weeks-long selloff, despite the Fed's rate cut, which had a limited impact on cryptocurrency traders.
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Market impact analysis based on bearish sentiment with 79% confidence.
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- معرّف المقال
- 21077
المصدر الأصلي
The original cryptocurrency fell as much as 3.2% to briefly dip below $90,000 on Thursday, down from an intra-day high of $94,490 the day before, according to data compiled by Bloomberg. Bitcoin is in a weakened position after enduring a weeks-long selloff that began in early October with a major liquidation event, which wiped out about $19 billion in levered bets. Asian equities tracked gains on Wall Street on Thursday morning after Fed Chair Jerome Powell pushed through a quarter percentage point rate cut, but the move did little to lift the mood among crypto traders.
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المقال الأصلي منشور بواسطة Yahoo Finance في ديسمبر 11, 2025. التحليل والرؤى المقدمة من AnalystMarkets AI.