Bitcoin Plunges Below $96K, Crypto Market Sensitive to Fed Rate Cut Expectations
Update: 2025-11-14
Description
Bitcoin plummets below $96K, marking a six-month low, amidst a broader sell-off in risky assets. The cryptocurrencys third consecutive weekly fall, with a 24% drop from its October peak, is linked to waning expectations of a December interest rate cut from the U.S. Federal Reserve. Ether also dips, reflecting the markets sensitivity to macroeconomic indicators and central bank policies.
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