As we enter the 2025 home stretch, Bitcoin is once again down, and dipped below $90,000 on Thursday, following the Federal Reserve’s highly anticipated interest rate cut by 25 basis points on December 10.
So why are the markets up, but crypto is taking a hit?
Why Bitcoin is faltering
One reason for Bitcoin’s drop after the rate cut is that traders had already fully priced in the cut ahead of the Fed’s announcement.
“Unlike stocks, bitcoin is already in a bear market, where bad news gets accentuated and good news ignored,” Michael Terpin, author of Bitcoin Supercycle, told Fast Company. “Since the 25 basis point cut was already built in, bitcoin traders – particularly ETF investors experiencing their first bear market – were looking for more and pressed the sell button.”
Some other rea

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