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