Bitcoin price today: remains near 6-mth low around $95k as Fed cut bets fade
Bitcoin regained some ground after hitting over a six-month low on Monday, but remained pressured by fading expectations of a Federal Reserve rate cut next month and heightened caution ahead of delayed U.S. economic data releases.
The world’s biggest cryptocurrency last traded nearly unchanged at $94,702 by 10:12 ET (15:12 GMT). It fell to as low as $93,043.5 in the last 24 hours, reaching its lowest since late April.
Bitcoin declined nearly 7% last week, marking its third straight weekly drop.
Bitcoin slips as Fed cut hopes wane
The decline comes as traders sharply scale back bets on a December policy easing. Rate futures now imply roughly a 40% chance of a cut at the Fed’s Dec. 10-11 meeting, down from about 90% earlier this month.
A growing number of Fed policymakers have signalled reluctance to move further, citing uneven inflation trends and a still-resilient labour market. Boston Fed President Susan Collins said last week she would be “hesitant to ease policy further” without clear evidence of deterioration.
Crypto markets, which had rallied earlier this year on aggressive Fed easing bets, are now losing momentum.
Bitcoin spot ETFs have also seen accelerating outflows as investors unwind positions tied to looser monetary conditions.
Sentiment has been further dented by the recent data blackout caused by the U.S. government shutdown, which left investors without key macro indicators for weeks.
The shutdown delayed releases from the Bureau of Labor Statistics, including the September non-farm payrolls report, now due on Thursday.
Under the proposed rules, around 105 cryptoassets — including Bitcoin and Ethereum — would become subject to insider-trading laws, barring trades based on undisclosed information.
Strategy bought $835.6 mln worth of Bitcoin last week
Strategy, the largest public Bitcoin holder run by billionaire Michael Saylor, boosted its already sizable cryptocurrency stash with another major purchase in the week of November 10–16, a regulatory filing showed.
Formerly known as MicroStrategy, the company bought 8,178 Bitcoin for $835.6 million, paying an average of $102,171 per token after fees. With the latest addition, Strategy now holds 649,870 Bitcoin as of November 16, 2025, accumulated at a total cost of $48.37 billion, or an average of $74,433 per coin.
The move ranks among the firm’s larger weekly acquisitions this year and extends its steady buying strategy, even as Bitcoin continues to trade above the $100,000 level.
Crypto price today: altcoins in flat to low range
Most altcoins also trimmed some early losses to trade marginally lower on Monday.
World no.2 crypto Ethereum fell 1.5% to $3,124.50.
World no. 3 crypto XRP edged 1% higher to $2.24.
Solana, Cardano and Polygon slipped between 1% and 2%.
Among meme tokens, Dogecoin added 0.9%, while $TRUMP remained little changed.
