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Home Blockchain

Bitcoin rejects at key $93.5K as Fed rate-cut bets meet 'strong' bear case

by DigestWire member
December 4, 2025
in Blockchain, Crypto Market, Cryptocurrency
0
Bitcoin rejects at key $93.5K as Fed rate-cut bets meet 'strong' bear case
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Bitcoin price action fell back toward $90,000 on strong US jobs data as BTC ignored Fed rate-cut optimism, failing to flip the yearly open to support.

Bitcoin (BTC) slipped from the 2025 yearly open into Thursday’s Wall Street trading session as markets reacted to US jobs data.

Key points:

Strong US labor-market data fails to dent hopes of a December Fed rate cut.

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