Bitcoin 
$87,270.31After the sharp fluctuations on Wednesday, it found balance in the $ 86,600 band as of Thursday. The price briefly rose to $90,000 during the day and then fell rapidly, once again revealing the impact of weak liquidity and macro uncertainties. During the same period, US President Donald Trump said that the new Fed chairman would “seriously reduce interest rates” cryptocurrency marketbrought monetary policy expectations back to the center of the agenda.
Bitcoin Tests $90,000, Market Waits for a Catalyst
LVRG Research Director Nick RuckAccording to , the main source of the recent fluctuation in Bitcoin is the increasing risk aversion trend in global markets, weakening of ETF inflows, deleveraging in the derivatives market, and increased correlation with stocks due to monetary policy uncertainty. Ruck said the price was also shaped by year-end portfolio repositioning. santa claus rally He stated that the fading of expectations suppressed the appetite.
CIO of Kronos Research Vincent Liu He said that the $85,000-86,000 range gives the impression of repricing rather than seasonality. According to Liu, after the strong rise, fund flows have cooled, the leverage side has stabilized and the market is looking for a new impetus. The expert emphasized that the volatile-horizontal outlook will continue to be the basic scenario until fresh liquidity arrives.
Liu added that a deeper correction does not yet mean crypto winter. According to him, as long as the price remains above the level of approximately $ 81,000, which he calls the “True Market Mean”, a time-oriented, challenging horizontal course stands out; He warned that if it falls below $81,000, the risk of decline will become evident.
New Fed Message from Trump: “Interest Rates Will Go Much Lower”
Both analysts cryptocurrency marketHe thinks that Turkey will enter 2026 with macro uncertainties. Although the Fed has reduced interest rates in the last three FOMC meetings, the Fed Chairman Jerome Powellpointed out that a new discount may not come in January. CME Group FedWatch While the broker shows the probability of no discount next month as 73.4 percent, Polymarket gives a 76 percent probability of the same scenario. Currently, the current target range for interest rates in the USA is 3.50-3.75 percent.
According to Reuters, Trump said in a speech on Wednesday that the new Fed chairman, who will take office after Powell’s departure in May, will advocate cutting interest rates to much lower levels. Trump had previously stated that he wanted to see the reference interest rate in borrowing costs in the United States fall to 1 percent or below, and stated that he would announce his new presidential candidate “at the beginning of the new year.”
On the same day, Trump’s Fed Member, known for his positive approach to cryptocurrencies Christopher Waller It was reported that he met with. Former Fed Member among five candidates Kevin Warsh with Director of the National Economic Council Kevin HassettIt was noted that they were considered as prominent names.
