Crypto Price Today: Bitcoin falls below $92,000; XRP, Chainlink decline over 3%

Bitcoin extended its previous day’s decline, slipping below $92,000 on Tuesday amid profit-taking and the Federal Reserve‘s forecast of just two rate cuts for 2025, down from four in September due to persistent inflation.

At 10:26 am IST, Bitcoin was trading at $92,314, down 1%, with an intraday low of $91,317. Meanwhile, Ethereum was trading 1.8% lower at $3,326.

The selling pressure is partly due to investors cashing out after Bitcoin surged more than 117% this year. Uncertainty around the Federal Reserve’s rate policy for 2025 is adding to the cautious sentiment, especially with the Fed signaling a pause in rate cuts until at least March.

Crypto Tracker

“Bitcoin is encountering resistance at $93,000 after witnessing strong volatility…

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