BTC price: Why are Bitcoin, XRP, and other cryptos down after Fed rate cut when the stock market is up?

As we enter the 2025 home stretch, Bitcoin is once again down, dipping below $90,000 on Thursday, following the Federal Reserve's highly anticipated interest rate cut by 25 basis points on December 10. So why is crypto taking a hit, even when markets are up? Why Bitcoin is faltering One reason for Bitcoin's drop after the rate cut is that traders had already fully priced in the cut ahead of the Fed's announcement. "Unlike stocks, Bitcoin is already in a bear market, where bad news gets accentuated and good ...