Market expectations for a 25-basis-point Federal Reserve rate cut in December have declined to 44.4%, down from 94.2% in mid-October, according to CME Group data. Fed Chair Jerome Powell indicated that uncertainty persists regarding the December policy decision. The probability of maintaining current rates has risen to 55.6%.

Bitcoin has fallen below $100,000, trading as low as $94,700 amid an extended correction. Market analyst Ali Martinez highlights a recurring 1,064-day bull cycle pattern that suggests the current rally may have already peaked. The pattern has appeared in previous cycles, raising concerns about a potential market downturn.

Ethereum dropped 7.3% over the past week, following Bitcoin's broader decline and breaking below a multi-month ascending trendline. ETH is now testing the $2,730 support level. Long-term holders who have held ETH for 3–10 years have increased daily spending to over 45,000 ETH, the highest rate since February 2021, data show.

Bitcoin dropped to its lowest level in six months as concerns mounted over U.S. monetary policy and market liquidity conditions. The New York Federal Reserve held a meeting with major Wall Street banks to discuss tightening money-market conditions and increased usage of emergency lending facilities. Technical indicators show Bitcoin has reached its most oversold level since 2023, according to market data.

BlackRock's IBIT ETF recorded $463.10 million in net outflows during a single trading session, marking the firm's largest Bitcoin exit since launching its cryptocurrency product. Combined with withdrawals from Fidelity and Grayscale, total outflows approached $500 million, according to Farside Investors data. Analysts attribute the redemptions to institutional liquidity needs rather than weakening confidence in Bitcoin.

Harvard University has increased its position in BlackRock's iShares Bitcoin Trust ETF to more than $442 million, making it the institution's largest portfolio holding. The university added $326 million in IBIT shares during the third quarter, surpassing its positions in Microsoft and Amazon stocks.

Russian authorities have reimposed a cryptocurrency mining ban in the Republic of Buryatia and Zabaykalsky Krai from November 15, 2025, through March 15, 2026. The seasonal restriction targets electricity shortages during peak winter consumption in these Siberian regions. The measure follows a government decree issued in December 2024, according to RIA Novosti.

Bitcoin fell $13,000 over three days to $94,000, sparking debate over whether the bottom has been reached. Analyst Merlijn The Trader warns a CME futures gap near $92,000 could pull prices lower before a potential rebound. Exchange reserves hit a record low, a rare combination with declining prices that historically precedes significant moves.