Bitcoin Magazine Bitcoin Price Freefalls Down to $91,0000 and New Lows

Bitcoin price has tumbled to its lowest level in six months, trading from below $92,000 to the $95,000s range today, only less than six weeks from hitting a record highs near $126,000 in early October.

The roughly 30% decline comes as traders grapple with renewed uncertainty over whether the Federal Reserve will cut interest rates at its December meeting.

At the time of publishing, the lowest Bitcoin price recorded today was $91,158, per Bitcoin Magazine data.

Missing economic data from last month’s 43-day government shutdown has left policymakers in a cautious stance, with Fed Chair Jerome Powell noting that “a further reduction in the policy rate…is not a foregone conclusion.”

Boston Fed President Susan Collins e

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