$BTC jatuh ‼️‼️
Caution on Interest Rate Cuts The Fed Burdens Risky Assets
Bitcoin prices weakened slightly, closing at $92,015 on Wednesday after the Federal Open Market Committee (FOMC) meeting. In a widely anticipated move, the U.S. Federal Reserve (The Fed) lowered interest rates by 25 basis points to 3.50%-3.75% at the end of its two-day policy meeting but signaled the possibility of a pause in January.
Adding to the cautious tone, policymakers projected only one interest rate cut of a quarter percentage point in 2026, the same view as in September, which eased market expectations for two rate cuts and contributed to short-term pressure on risky assets.
This hawkish rate cut and The Fed's cautious stance triggered a slight risk-off sentiment exacerbated by disappointing results from Oracle after the U.S. close. All these factors weigh on risky assets, with the largest cryptocurrency by market capitalization briefly sliding below $90,000.
