Bitcoin dips below $100k as anxiety grows over upcoming Fed meeting

Looks like more folks in the crypto world are turning bearish on bitcoin lately. This shift is mainly because there's a lot of chatter about the Federal Reserve potentially not making a positive move in December. Recently, bitcoin and other cryptos took a hit on Thursday as fears grew that the Fed might keep interest rates the same at their next meeting. Bitcoin dropped 4% to around $98,200, marking its lowest point since May. Ethereum didn’t fare any better, falling 8% to $3,167, its lowest since July. This crypto downturn is happening alongside a broader sell-off in the stock market, with the Nasdaq composite down 2.3%. A lot of this drop seems to stem from uncertainty about what the Fed will do next. Their rate cuts this year have really helped lift stock markets, and usually, lower rates help riskier assets like crypto. However, traders are starting to think the Fed won't make any cuts to interest rates at the meeting on December 10. According to Polymarket, there's only a 46% chance the Fed will lower their funds rate next month, down from 90% just a while ago.

How we ended this month of November will determine what we may expect for December, am not moved at all, because even if we are set for the best season, it may not come this fast and on such manner, instead, if you're to ask me, I will o my mentioned that this is just a mere market reaction,which may not last long  before we see the continuous rise to all time high for the season

Yeah there is a huge shift in the meeting expectation. What has changed? I think since the chance of a rate cut is less it means that the economy is doing better than expected because why else would he hold rates instead of cutting them. Most likely there is some leak that the employment numbers are better than expected or the inflation is higher than expected, why else would it drop? Another theory can be that since the stock market is dropping, its an expectation that the rate cut odds are lowered as a result, basically completely opposite of what happened a few months ago, where we rallied because we knew rate cuts are finally happening and now we are going the other way. Either way, these markets are hard to predict and trade.

The only negative force in bitcoin market in the past 4 years has been recession and fear of recession. Different things affect that recession, one of which is the interest rates that many countries have raised and have no plans on decreasing which has led to recession in all of them. Something that has only gotten worse with global tensions. Another problem that is showing up a lot more recently is the destabilization of global economy and supply chains by the US regime. As I explained it a while ago these acts of aggression in order to destabilize the world in order to try to weaken Chinese economy is having a lot of side-effects, one of which is worsening both inflation and recession. For the past couple of days the US regime has been talking more seriously about terrorizing yet another nation, this time in South America. If you check the date of the recent bitcoin price drop it coincides with the date the pedophile POTUS announced his plans to invade oil rich Venezuela.

@pooya87. I very much agree that a recession and the fear and also the speculation on when this will occur is a negative force that will cause dumps on bitcoin. I also agree that the policies of the Donald has also been a cause of these fears. This might be very much why there are old bitcoin holders who are beginning to move their coins and have been speculated to be dumping. I reckon they are becoming more afraid on what might occur next year. Are they speculating that a Big Short 2 occurrence might happen? 2025 has been the year when the most old coin $ value has come back to life. $13.3B worth of coins aged 10yrs+ (with ~$9.5B from that one guy with 80k BTC). $16.2B from 7 to 10yr coins $22.7B From 5y to 7y (1-2 cycle holders) Total 5y+ revived supply in 2025 is $52.2B Source https://x.com/_checkmatey_/status/1986521929059344449?s=12

Am wondering if FED decisions are the only cause to the market fall we are having today, now it keeps going bearish and we already kissed $89,000 while the market has been rotating round within $91,000 and this calls for more speculations, to know if we are going to see more of it or instead begin to pump anytime soon, the fall is coming so massive this time around beyond our expectations, at least not this fast and quick.

Yes it has been the major cause of the fall and it is continuing that way, bitcoin isn’t immune to effects that actually affects the economy of the world and we all can agree that right from the beginning of this year we havf been coming out from one problem to another most especially those war hanging problems. If I can recall correctly the last time we visit this current price of bitcoin was in April where there was tensions of war then, right now I think we are exactly at that same situation again. Also people take for granted the persistent threat that an increasing interest rates can cause but we should be aware that the more the interest rate increases and doesn’t reduces, the lack of confidence or even extra funds that the people can have to invest into anything

If you look at the whole economy recession is on and Trump caused this based on his grievance on China for choking him in his first tenure with Covid-19 that made him lost his second election. That's what he's pouring the anger on China in disguise of increase in tariff. It's affecting the world at large so don't think that it's impossible for the bear market to come now. There will be no signal that the bear market will come on a speculated day. This was how a lot of people was carried away with anxiety and doubted the bear market in 2021. I think in November, 2021 was when bitcoin price started declining and the bear took full charge of the market from $67k+

I speculate that this is not only caused by these decisions from the Federal Reserve. We are beginning to witness that the cryptonews media appear to be creating a more bearish storyline for all of the cryptospace. There are many articles similar to this that are being published. However, from a skeptical position, are these bearish storylines causing the bear market or is the cryptospace in a bear market and this has caused these bearish storylines? BTC's price fell below $90,000 early Tuesday, down 28% from the record high of over $126,000 reached early last month. With that the 14-day relative strength index (RSI) — a widely followed measure of price momentum — has dipped below 30, signaling an oversold condition. This means BTC's ongoing slide has been sharp enough to invite a pause or a potential rebound. But an oversold RSI should never be taken at face value. The indicator can remain in this territory far longer than buyers can hold their ground. Many experienced traders view an oversold RSI as a sign of strong downward momentum, rather than an immediate reversal of the trend. Read in full https://www.coindesk.com/markets/2025/11/18/what-next-for-bitcoin-as-btc-rsi-flashes-oversold-signal

As of today, there is no consensus among Federal Reserve officials on next month's interest rate decision. Some are showing concern about persistent inflation, while others are talking about employment. The government shutdown has complicated issues further because some important data might not be available for the Feds to make decisions. Currently, Polymarket's prediction is 54% for a 25 bps cut and 45%. No change. These crypto articles are reporting the general market sentiment because the market odds of the Fed's next month interest rate cut dropped from above 90% last month to above 50% this period.

According to information I read in The Guardian, over $1 trillion has been lost, or more accurately, investors have been taking quick profits from the market rather than waiting for losses to materialize over the past six weeks. This is due to short term financial capitalists who have already made profits and are reluctant to take greater risks. Perhaps the most obvious scenario is the upcoming FOMC meeting on December 9-10. https://www.theguardian.com/technology/2025/nov/18/crypto-market-tech-bubble-bitcoin-price-ai-boom

It appears that we are having a market that might have stopped selling hehehe. However, the negative news and storylines have not stopped. The mainstream news media and the cryptonews media will continue to publish these negative news until the market has proven them wrong. I speculate that after the end of this week and if bitcoin will continue to pump to $100k again, the news will be mor positive. But this might be another chance to be contrarian hehehehe. BlackRock investors are offloading their Bitcoin holdings. On Tuesday, the asset management behemoth saw clients pull $523 million out of its flagship iShares Bitcoin Trust. It’s not alone: US spot Bitcoin exchange-traded funds have shed $3 billion so far in November, and are closing in on the $3.5 billion purge levels seen in February, DefiLlama data shows. The broad selloffs come as Bitcoin’s price is still wobbling around the $90,000 mark on the back of a $1.2 trillion selloff of all cryptocurrencies over the past month. “This kind of drift usually means the downtrend is likely to continue,” Georgii Verbitskii, founder of crypto investing app TYMIO, told DL News. “There is a real possibility that we’re entering a prolonged bearish period, with either continued downside or extended choppy trading around $100,000 or lower.” Read in full https://www.dlnews.com/articles/markets/blackrock-clients-pull-523-million-out-of-bitcoin-positions/

Well, the minutes from the October meeting were just released on November 19, and they show the Fed is divided internally on whether to cut rates further in December. But unfortunately, most are inclined to keep interest rates unchanged until 2025. As a result, the news caused the market to reduce expectations of a December rate cut by 40% on CME, and the entire financial market declined. In which, bitcoin fell to $88k. This is not good news but on the other hand with this news it looks like Fud is done. I think the market will recover in the coming days instead of falling further. We will soon see bitcoin price back above $100k.

We have witnessed that there is some bullishness on this market after the dump from $106k to $95k. Has anyone updated their attitude after the dump from $95k to $85k? I am a contrarian, however, if everyone has become very bearish, it will be very difficult to be contrarian against this. It appears that bitcoin might not anymore pump to a new all time high this year.

I still stand by my opinion, the bull season is not completely over. Bitcoin will still recover somewhat but with that BTC.D will fall and many altcoins will benefit. But yes, I no longer believe bitcoin can hit any new ATHs this year. If Bitcoin can recover and hit $100,000 again that would already be quite surprising, let alone hitting a new all-time high. The bear market is already very close to us and any bitcoin recovery is an opportunity to take profits, not a sign to set higher expectations.

The overall market has some profit taking and so does Bitcoin as leveraged traders elsewhere demand cash and traders will use Bitcoin as cash funds to turn into dollars.  We cannot have leveraged money flow into BTC and not suffer this fate when markets overall pull back.   So as to the Federal Reserve being important to whether people buy or sell Bitcoin I think we can see how ridiculous that should be.  However the influence of Dollar is massive and it touches every price, value of BTC will continue on regardless gaining whatever FED does imo.

It might still be a bull market, however, this Russian expert might be correct on this statement where he declares that there will be no recovery on bitcoin if the Federal Reserve does not cut interest rates. However, there is a chance of 67% that the Federal Reserve will cut this hehehehe. I am skeptical but this might be a good chance to buy bitcoin but be cautious on December 10. Bitcoin prices will not return to their early October highs unless US spending figures, set to be unveiled next week, providing the Federal Reserve with cause to cut rates. That’s according to Oleg Kalmanovich, an analyst at the financial brokerage Neomarkets KZ, who told Russia’s RBC that all eyes are now on US October retail sales data, set for release on November 25, with personal consumption expenditures set to follow the next day. “If the figures fall below expectations, the Fed could cut rates on December 10, giving the market a chance to reverse and rebound,” Kalmanovich said. “If not, pressure on the crypto market will persist. And a fully fledged crypto spring will only become possible in the spring of 2026.”

That's not a chance! That's an indicator of how much money people have put on that decision versus the other ones, one cold dump $1 million in some other shares this second and it's not like Powell will have a different dream that moment and he will wake up decides the opposite of what he thought tommorow! Polymarket is just gouging the public indicator, it's a market not a crystal globe! How many times has Polymarket been wrong over and over about the rates? Yup, I mean he is the perfect man of perfect origin and nationality and working for the perfect company to have access to all the data....lol!

@stompix. Yes, that is an indicator on how much money people have put, however, you might have forgotten the reason why they have put money. The smart whales do not put the money there because they are gambling. They put it there because the want to win money and they will not put money there if the think they will lose heheheheh. In any case, it appears that there rating for a decrease of 25 bps has pumped to an 84% rating heheh. What does everyone speculate on this? Is this something similar to buy the rumors, sell the news? Will there be a dump on December 10 after the Federal Reserve announces the decrease?

Sorry, but this is stupid! You're making it sound like all the whales buy that option and the rest are plebs' money and somehow whales now shit and shat and they are some overpotent force that only makes money...well, no it's not! If whales had always known the truth, they would not have been slaughtered in the last dumps or pumps by the hundred either! And please, no comeback from this telling me it's some sort of whales that do this, like reptilian overlords whales or something! It's still people gambling and nothing else! It's gambling, nothing else! Also, you do know we had this way before Polymarket, right? Like 2013? https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html