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Bitcoin hovers at $86,000 as token faces 'lackluster' end of 2025
Bitcoin (BTC-USD) hovered near $86,000 on Wednesday as Wall Street remained wary of a meaningful rebound heading into the end of the year. Recent jitters over AI-related stocks and speculation over who will take over Fed Chair Jerome Powell's position next year may be keeping a lid on prices. "For a while, the market was convinced that ultra-dove Kevin Hassett was a shoo-in for the next Fed Chair role, but now Kevin Warsh — a far more hawkish candidate — appears to be emerging as the frontrunner," Coin Bureau investment analyst and co-founder Nic Puckrin said. Seasonal pressures are adding another headwind, ... (full story)
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The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis over the 2 months from September 2025 to November 2025, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.7 percent before seasonal adjustment. BLS did not collect survey data for October ...
At its meeting ending on 17 December 2025, the Monetary Policy Committee voted by a majority of 54 to reduce Bank Rate by 0.25 percentage points, to 3.75%. Four members voted to maintain Bank Rate at 4%. CPI inflation has fallen since the previous meeting, to 3.2%. Although above the 2% target, it is now expected to fall back towards target more quickly in the near term. Reflecting restrictive monetary policy, and consistent with evidence of subdued economic growth and building slack in the labour market, pay growth and services price inflation have continued to ease. Monetary policy is being set to ensure CPI inflation settles sustainably at 2% in the medium term, which involves balancing the risks around achieving this. The risk from greater inflation persistence has become somewhat less pronounced since the previous meeting, while the risk to medium-term inflation from weaker demand remains. The extent of further easing in monetary policy will depend on the evolution of the outlook for inflation. The restrictiveness of policy has fallen as Bank BoE's Bailey Switches Vote To Rate Cut - Bailey Says We Still Think Rates Are On Gradual Downward Path - Bailey: With Every Cut, How Much Further We Go Becomes Closer Call - Staff Forecast Zero Growth In Q4 GDP (Nov Forecast: +0.3% Q/Q), Underlying Growth Around 0.2% Q/Q BoE's Taylor: Neutral around 3%, should head there sooner. BoE's Lombardelli: CPI upside risks are a worry, we may need slower easing. BoEs Greene: CPI risks to downside, backs cautious easing. BoE's Breeden: Upside risks to inflation have diminished. BoE's Pill: Easing case
From fxstreet.com | Dec 17, 2025
The crypto market whipsawed on Wednesday as top cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), quickly reversed gains from the early American session. Within two hours, Bitcoin raced from $86,000 to above $90,000, but it faced a sharp pullback toward $85,000 almost immediately. ETH posted a similar move, rising from $2,900 to $3,100 before ...