Overview
- Bitcoin briefly rose about 2% to roughly $91,600 before slipping below $90,000 during Monday trading.
- CME FedWatch shows about an 87% probability of a 25-basis-point cut at the Dec. 9–10 FOMC, with attention on guidance that could swing markets.
- Bitfinex flagged weakening spot demand and persistent U.S. spot ETF outflows, with negative CVD underscoring a fragile setup versus shocks.
- Global yields climbed ahead of the BOJ’s Dec. 18–19 decision, with the U.S. 10-year near 4.19% and Japan’s 10-year approaching 2%, pressuring risk appetite.
- Coinglass recorded roughly $280 million in liquidations across 96,599 traders over 24 hours as leverage reset, while some analysts note prior Fed cuts preceded BTC sell-offs.