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Why is Bitcoin Falling? Ethereum Leads Losses While Zcash Gains Amid Nearly $1 Billion Liquidations
Bitcoin (BTC) dropped to $86,700 in midday trade on Thursday after a delayed September jobs report showed the U.S. economy added 119,000 positions, exceeding expectations. This came after minutes from the October Federal Open Market Committee (FOMC) meeting released on Wednesday showed that officials expressed skepticism about the need for another rate cut in December. The CME Group’s FedWatch Tool indicated a 41.4% probability of another rate cut by the market. Bitcoin’s price fell as much as 2.5% in the last 24 hours, with retail sentiment on Stocktwits trending in ‘bearish’ territory alongside ‘high’ ... (full story)
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- Nov 20, 2025 11:02pm Posted byFundamental Analysis235
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- From cnbc.com|Nov 20, 2025