US EditionBitcoin Rebounds to $91,000. Can It Rally Further Amid US Fed Rate Cut Buzz?
Traders price in an 85% chance of a December Federal Reserve rate cut, boosting Bitcoin and other cryptocurrencies after recent losses amid improving market liquidity.
- On Wednesday, Bitcoin climbed 4.5% over 24 hours to trade at $91,755 as of 10:50 p.m. ET, rising above $91,000, according to The Block's price page.
- CME FedWatch data shows traders now see an 84.9% chance of a December 10 rate cut, with analysts noting growing expectations drive market focus on macro signals.
- HashKey Group Chief Analyst Jeffrey Ding said traders watch ETF flows and derivatives positioning as Ether trades at $3,038 and XRP at $2.22, adding `Market structure remains healthy, liquidity is improving, and long-term fundamentals are intact`.
- Bitcoin's recent swing left it recovering from about $81,000 last week to around $89,000 earlier today, while stocks rose on Wednesday ahead of the Thanksgiving holiday, reaching their best four-day streak since May.
- Fed Chair Jerome Powell had said a December cut is uncertain, and `Zooming out, broader risk sentiment has actually remained relatively stable,' said Jeff Ko, chief analyst of CoinEx.
13 Articles
13 Articles
Bitcoin rebounds to $91,000. Can it rally further amid US Fed rate cut buzz?
Ethereum surged 3.75% over the last 24 hours, pushing its price above $3,000. Several major altcoins — including XRP, BNB, Solana, Tron, Dogecoin, Cardano, and Hyperliquid — also recorded gains of more than 4% during the same period.
Share Market News: Bitcoin Surges Above $91,000: Is the Crypto Market Set for a New Rally?
The world's largest cryptocurrency, Bitcoin, has recently experienced a significant surge,. Crossing the $91,000 mark for the first time in approximately a week. This upward movement comes after a period of decline over the past month, sparking renewed optimism among investors. The general uptick in risk assets and a calmer market environment have provided an opportune moment for traders to push prices higher. This trend mirrors the recent perfo…
Bitcoin Eyes $100K After Surge: Fed Rate Cut
Bitcoin rises above $91K, with traders confident of a $100K target by year-end. BTC’s rally gains momentum amid Fed rate cut speculation and liquidity buildup. Institutional interest grows as Bitcoin eyes key resistance levels between $92K and $107K. Bitcoin (BTC) has risen above the $91,000 mark after 12% recovery of the recent fall of about $80,000. However, traders are confident that Bitcoin has a 60% likelihood of reaching $100,000 by the en…
Bitcoin and XRP Stabilize as Wall Street Prices in 85% Chance of a December Rate Cut
The Pivot: JP Morgan and Goldman Sachs forecast a December rate cut due to missing economic data. The Reaction: Bitcoin stabilized at $90K while XRP rallied on hopes of a pro-crypto Fed regime. The Future: A “Hassett-led” Fed in 2026 could end the era of regulation by enforcement. Wall Street’s consensus has fractured forcing a repricing of risk assets that has Bitcoin and XRP targeting immediate breakouts. Citing a new note from JP Morgan, Reu…
Bitcoin rebounds 6% to hit $91,500 amid rate cut hopes; will this crypto rally sustain?
Menu Account Indian Stocks Portfolio (PMS) Unlisted Shares Mutual Fund USA Stocks ₿ Crypto Forex Bonds Fixed Deposit Real Estate Training Videos Equity Training Upstox Demo Intraday Demo MF Demo Crypto tokens made sharp rebound on Thursday, with Bitcoin surging more than 6 per cent from its 24-hour lows, amid the volatility in the riskier asset class in the anticipation of the rate cuts by the US Federal Reserve. Other tokens …
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