Bitcoin Falls by 2% Ahead U.S Fed Interest Rate Decision
Bitcoin price (BTCUSD) falls by about 2% in 24 hours ahead of the U.S. Federal Reserve interest-rate decision on Wednesday. Other top cryptocurrencies are also facing pressure in tight seller market conditions.
The Fed is all but certain to cut by 25 basis points Wednesday, so the focus will be on U.S. Fed Chair Jerome Powell’s commentary and hints about the rate path for 2026.
A high likelihood of a rate cut lifted cryptocurrencies last week, but in recent days uncertainty over the outlook for further rate cuts has crept in, dampening risky assets.
U.S downward rate adjustment is expected to boost liquidity and enhance risk appetite in the crypto market. At the press time, BTCUSD is trading at $90.2k, based on trading data obtained from CoinMarketCap.com.
The token price continues to consolidate around the $90,000 handle, struggling to reclaim the $93,000–$94,000 resistance zone as bullish momentum fades.
A noticeable slowdown in spot ETF inflows has reduced buying pressure, keeping BTC locked in a tight range despite recent volatility.
With the price holding above key short-term support near $88,000, traders remain cautious. All eyes are now on the Federal Reserve’s decision on fed fund rates after the two days meeting.
Elsewhere, Twenty One Capital, a major player in the Bitcoin (BTC) treasury sector founded by Jack Mallers, is on the verge of going public in the United States.
However, ahead of its highly anticipated debut on December 9, the company has moved a substantial sum of 43,500 BTC—approximately worth $4.5 billion—into an escrow wallet. Dangote Cement Gains 10% in Fresh Rally
