Bitcoin slides to six-month low as risk off tone grips markets

Core Viewpoint - Bitcoin traded below $96,000 for the first time in over six months, indicating a significant sell-off in risky assets due to diminishing expectations for a December rate cut from the U.S. Federal Reserve [1] Group 1 - Bitcoin's price decline reflects broader market trends affecting risky assets [1] - The sell-off is linked to changing expectations regarding U.S. Federal Reserve monetary policy [1]