Wednesday, 5 November, 2025
Bitcoin Slumps 15% as Fed's Stance Triggers Crypto Sell-Off
Bitcoin has fallen nearly 15% from its peak to around $107,000, dragging the broader crypto market down. The primary cause is the Federal Reserve's cautious post-rate-cut stance, which lowered investor expectations for a December rate cut. The sell-off is also linked to profit-taking and warnings that Bitcoin could slide further to $88,000 if it fails to maintain key support levels.