Bitcoin Stumbles Back Below $90K as Dollar Sinks to 7-Week Low After Fed Rate Cut

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin Stumbles Back Below $90K as Dollar Sinks to 7-Week Low After Fed Rate Cut The dollar, along with precious metals and bond yields, is reacting as expected to easier financial conditions, but crypto remains in a bearish trend. By James Van Straten , Helene Braun | Edited by Stephen Alpher Dec 11, 2025, 4:16 p.m. DXY Index (TradingView) What to know : The U.S. dollar index (DXY) has fallen to a seven week low following the Fed's rate cut on Wednesday. Precious metals are soaring and bond yields are falling. Bitcoin remains stuck in a downtrend, falling back below $90,000 after the briefest of rallies. All things being equal, easier Fed monetary policy tends to lead to a weaker U.S. dollar, falling bond yields, rising precious metals prices and gains for risk assets, bitcoin BTC $ 89,414.50 and crypto among them. Following the Fed's rate cut yesterday, the dollar is indeed weaker — the DXY falling to a seven-week low — precious metals are sharply higher, with silver touching a new record of $64 per ounce, and the 10-year Treasury yield has pulled back to 4.12% from 4.20%. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . In what's become a familiar story, though, crypto is not participating. After (very) briefly rallying above $94,000 in the minutes following the rate cut, bitcoin BTC $ 89,414.50 has slumped to $89,400, now down 3% over the past 24 hours. Ether ETH $ 3,159.22 is down 5.5%, while XRP and solana slide closer to 4%. Possibly souring the mood in crypto are declining AI-related names following Oracle's (ORCL) disappointing quarterly earnings released last night. Oracle has plunged 14% on Thursday, pulling down familiar names like Nvidia, AMD and Broadcom. The Nasdaq is lower by 1.2%. Bitcoin mining stocks — many of whom have pivoted business models to focus instead on AI infrastructure — are lower alongside: Hut 8 (HUT), Iren (IREN), Cipher (CIFR) and Riot Platforms (RIOT) are among those with losses in the 5%-6% range. Leading bitcoin treasury player Strategy (MSTR) is off by 6.4%, while crypto exchange Coinbase (COIN) is down 5%. Robinhood (HOOD) is lower by 8.3% after a November update showed a disappointing slump in crypto trading volumes. Bitcoin News U.S. Dollar Breaking News More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You BONK Extends Slide as Resistance Rejection Pushes Token Back Toward Support By Jamie Crawley , CD Analytics 43 minutes ago BONK fell 4.5% as resistance near $0.00001010 capped early strength, sending the token into a tight consolidation band around $0.00000910. 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