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Kosta Gushterov

Bitcoin Falls to $95,000 as Fed Rate Cut Odds Drop to 54%

Bitcoin has declined to approximately $95,000 this week, entering its third consecutive week of losses. The probability of a Federal Reserve rate cut in December has fallen from 90% in late October to around 54%, data show. Bitcoin futures open interest dropped from nearly $100 billion to about $60 billion, reflecting significant institutional outflows.