Bitcoin dipped on Tuesday as investors adopted a risk-off stance ahead of the Federal Reserve\u2019s policy meeting, where markets widely expect an interest-rate cut.<\/p>\n\n\n\n
The world\u2019s largest cryptocurrency was last down 1.5% at $90,011.6<\/strong> by 01:16 ET (06:16 GMT), holding within a narrow $90,000\u2013$92,000<\/strong> trading band.<\/p>\n\n\n\n Bitcoin\u2019s consolidation reflected broader market caution, with traders avoiding major positions before the Fed outcome.<\/p>\n\n\n\n Expectations remain firm for a 25-basis-point rate reduction<\/strong> at the Dec. 9\u201310 meeting, with Fed funds futures pricing in an 87% probability<\/strong> of a cut.<\/p>\n\n\n\n The case for easing continues to grow, supported by:<\/p>\n\n\n\n However, divisions within the Fed persist. Policymakers have expressed mixed views on growth and inflation risks, leaving room for a potential surprise hold<\/strong>, which could inject short-term volatility into risk assets.<\/p>\n\n\n\n Lower interest rates generally weaken the dollar and reduce yields on cash and bonds \u2014 a macro backdrop that tends to support Bitcoin and other non-yielding assets.<\/p>\n\n\n\n Bitcoin\u2019s broader recovery, which began in late 2024, has been underpinned by expectations of an extended Fed easing cycle.<\/p>\n\n\n\n Strategy (NASDAQ: MSTR), the world\u2019s largest corporate holder of Bitcoin, disclosed on Monday that it purchased an additional 10,624 BTC<\/strong>, bringing its total treasury to around 660,624 BTC<\/strong>.<\/p>\n\n\n\n The latest acquisition \u2014 executed between Dec. 1 and Dec. 7 at an average price of $90,615<\/strong> per coin \u2014 comes as the company faces possible removal from major MSCI indexes, a shift that could trigger passive fund outflows and pressure its share price.<\/p>\n\n\n\n Altcoins tracked Bitcoin\u2019s subdued tone, slipping in early Tuesday trade:<\/p>\n\n\n\n The overall mood across digital assets remained cautious as traders awaited direction from the Fed.<\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin dipped on Tuesday as investors adopted a risk-off stance ahead of the Federal Reserve\u2019s policy meeting, where markets widely expect an interest-rate cut. The world\u2019s largest cryptocurrency was last down 1.5% at $90,011.6 by 01:16 ET (06:16 GMT), holding within a narrow $90,000\u2013$92,000 trading band. Caution Prevails Ahead of Fed Rate Decision Bitcoin\u2019s consolidation …<\/p>\n","protected":false},"author":9,"featured_media":54500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-121561","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=121561"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121561\/revisions"}],"predecessor-version":[{"id":121562,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121561\/revisions\/121562"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/54500"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\n\n\nCaution Prevails Ahead of Fed Rate Decision<\/strong><\/h3>\n\n\n\n
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\n\n\n\nStrategy Adds to Record Bitcoin Holdings<\/strong><\/h3>\n\n\n\n
\n\n\n\nCrypto Market Today: Altcoins Drift Lower<\/strong><\/h3>\n\n\n\n
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