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Bitcoin Falls to Six-Month Low as Crypto Market Weakens Amid Fading Rate-Cut Expectations
Bitcoin dropped to a six-month low as fading Fed rate-cut hopes fueled a broader crypto sell-off and increased risk aversion among traders.
Bitcoin slid to a six-month low as risk-off sentiment intensified across cryptocurrency markets, driven by diminishing expectations of near-term U.S. Federal Reserve rate cuts. Traders reduced leveraged positions, contributing to accelerated sell-offs across major tokens. The downturn follows weeks of heightened volatility linked to broader market uncertainty and liquidity constraints. Analysts noted that Bitcoin’s weakness has started spilling over into altcoins, amplifying downside momentum. Despite long-term optimism about institutional adoption, near-term sentiment remains fragile as traders wait for clearer monetary policy cues from the Fed.