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Bitcoin Rises. Why the Crypto May Drop Below $90,000, Even After a Fed Rate Cut.

crypto :: 2025-12-10 :: source - barrons

By Jack Denton

Bitcoin and other cryptocurrencies advanced on Wednesday ahead of a widely expected interest-rate cut from the Federal Reserve, which should boost sentiment across markets. The price of Bitcoin rose 2.5% over the past 24 hours to $92,700. Bitcoin convincingly ran back up above the key $90,000 price level on Sunday but remains down by more than a third from its record high in October.

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