Bitcoin Price (BTC) News: Early Losses Reversed Thursday
Bitcoin rebounded to $93,000 after Fed-induced lows, but most altcoins remained under pressure on Thursday.Summary
Bitcoin recovered to trade around $93,000 on Thursday, recovering from lows near $89,000 seen after the Federal Reserve's rate cut, though altcoins largely failed to join the bounce, with Cardano and Avalanche seeing significant declines.
This late-day bounce in BTC mirrored action in U.S. stocks, where the Nasdaq closed only slightly down. Analysts noted that this divergence reinforces crypto's decoupling from equities on macro days, suggesting the rate cut was already priced in. Focus is now shifting toward U.S. crypto regulation as the next major market driver, with some emerging concerns about stagflation in early 2026.
Market analysts indicated that the downward pressure on Bitcoin is weakening, showing signs of stabilization, although they cautioned that the market is not entirely out of the woods yet.
(Source：CoinDesk)