Bitcoin Tests $90,000 as Fed Minutes Show Policy Split Before Jobs Data
Bitcoin retested $90,000 on Nov. 20 as Federal Reserve minutes disclosed internal divisions over a potential December rate cut, Bitunix analysts said. The October FOMC minutes showed "many" officials saw insufficient grounds for further easing while only "several" favored continued cuts, with some regional Fed presidents opposing the October reduction itself. The 24-hour trading volume settled at $344.91 billion as the fear index dropped to 10, with BTC facing near-term resistance at $93,000 ahead of tonight's nonfarm payrolls report.