Bitcoin Slips Toward $65,000 as December Fed Uncertainty Returns

Cointribune reported that Bitcoin fell toward $65,900, reaching its lowest level in 12 weeks and surrendering most of its summer recovery. The live quote places BTC at $65,177, down 5.01% over the previous 24 hours and 13.59% across seven days, confirming that the asset remained near the reported low at the time of publication. The reported decline coincided with renewed concern that the Federal Reserve could pursue tighter monetary policy in December. Cointribune stressed that the Fed has not yet decided whether to raise rates in December, so the move reflects a repricing of expectations rather than a confirmed policy decision. The outlet said an earlier phase of Bitcoin’s recovery had depended on an easing scenario that markets are now correcting. Bitcoin’s market capitalization was $1.31 trillion, representing the majority of a total crypto market capitalization of $2.27 trillion. The broader crypto market was broadly lower, showing that Bitcoin’s weakness was part of a wider market pullback rather than an isolated move. The Fear & Greed reading stood at 13, which places sentiment in the Extreme Fear category. For Bitcoin traders, the immediate focus is whether the asset can remain above the roughly $65,000 area after reaching a 12-week low. For broader markets, the relevant development remains the path of December Fed policy expectations. Any further Fed guidance or change in rate expectations could continue to influence risk appetite, although no December decision had been made at the time of the report.