Bitcoin Drops to $90K Amid Market Selloff and Hawkish Fed Signals

Source: CryptoNewsNet Original Title: $500M Flows MIA for Month: Crypto Daybook Americas Original Link: Bitcoin has dropped to $90,000, with the broader market following suit. Major market indices are down over 3.5% each on a 24-hour basis.

The weakness is consistent with the cautious mood triggered by corporate earnings misses in traditional markets, following a recent Fed rate cut. Traders noted that hawkish forward guidance projecting limited rate cuts in 2026, combined with growing divisions among policymakers, has overshadowed easing measures and pushed risk assets lower.

Some analysts suggest that with major catalysts exhausted and implied volatility declining, a significant rally into year-end may not materialize. Additionally, substantial new flows would be required for prices to experience a meaningful surge.