Bitcoin hovers near $90,000 as traders await Fed rate cut decision and Powell’s guidance

Bitcoin traded near $90,000 on Tuesday as crypto markets paused ahead of the Federal Reserve’s final policy decision of the year. Analysts said rate cuts appear largely priced in, making Chair Jerome Powell’s guidance and the Fed’s projections the key drivers for Bitcoin’s next move. Derivatives positioning and ETF flows point to cautious, range‑bound trading.