Traders are looking past the Fed’s December interest rate decision to whether its going to start growing its $6.5 trillion balance sheet and blow up stocks, crypto and the bitcoin

Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet out of the woods, said one analyst.

As of 24 hours ago, Bitcoin was trading around $92,450 per token, sinking to an intraday low of around $89,420 at 11:15 a.m. ET, before rallying to a 24-hour high of almost exactly $93,000 per token as of 4:30 p.m. ET. That's good for a trough-to-peak move of 4.3% today.

Congress pushes SEC to allow Bitcoin in 401(k)s as $12.5T retirement market could drive BTC to new highs with minimal allocations.

Standard Chartered, which previously predicted bitcoin would hit $200k in 2025, said it was slashing its forecasts for through the end of the decade.

With a series of record highs and crushing sell-offs, 2025 has been a rollercoaster ride for bitcoin, the world's largest cryptocurrency, which is at risk of ending the year with its first annual decline since 2022.

Tech tycoon Elon Musk 's SpaceX has moved millions of dollars' worth of Bitcoin (BTC) as the aerospace and space transportation company is reportedly planning for an initial public offering (IPO) in 2026. As Musk himself is a strong Bitcoin advocate, SpaceX began adding the digital asset to its balance sheet in 2021.

Emily Nicolle and David Pan take stock of Bitcoin treasury firm Twenty One Capital’s debut in New York — and question what might come next.