Bitcoin falls below $90,000 for the first time in 7 months

Bitcoin, the most famous currency in the cryptocurrency market, suffered sharp losses to fall below the $90,000 level, deepening its losses that lasted a full month, erasing the cryptocurrency’s gains for the entire year of 2025 and shaking sentiment throughout the world of crypto assets.

The world’s largest currency fell by 2.4 percent during Asian trading hours, continuing its decline from a record level of more than $126,000 that was recorded in early October.

It is noteworthy that Bitcoin last traded below this level last April when its value reached $74,400, after President Donald Trump caused turmoil in global financial markets with his initial tariff plan.

The impact of US monetary policy
The reversal comes amid growing economic headwinds, including renewed concerns about interest rate policy and inflated valuations in speculative markets.

As traders reassess the likelihood of the US Federal Reserve cutting interest rates in December – with expectations now falling below 50 percent – ​​and stock markets retreat from recent highs, risk appetite has also deteriorated, leaving Bitcoin vulnerable to further declines.

Bloomberg News quoted Shiliang Tang, managing partner at Monarch Asset Management, as saying: “With the Fed’s December rate cut now priced at less than 50 percent, cryptocurrency markets continue to decline after losing the important $100,000 level in Bitcoin.”