Bitcoin Dips Below $90,000 After Fed Cut Widens Stocks Split
Affected assets and topics
Why it matters
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.
Article tone
Expected market reaction
Market impact analysis based on bearish sentiment with 79% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 21077
Original source
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.
Read the full article on Yahoo Finance
Original article published by Yahoo Finance on December 11, 2025. Analysis and insights provided by AnalystMarkets AI.