Bitcoin Remains Stuck Below $90K Ahead of Key Data, Rate Decisions — Market Talk
Bitcoin edges higher but remains stuck below $90,000 as it continues to struggle for a meaningful recovery. Federal Reserve Governor Christopher Waller said interest rates remain too high while the WSJ reports that President Trump was interviewing him for the Fed Chair job. However, investors are cautious amid concerns about highly valued AI-related stocks and ahead of key data including the November U.S. inflation data and U.S. weekly jobless claims at 1330 GMT. There are also a slew of central bank decisions including the Bank of England and European Central Bank at 1200 GMT and 1315 GMT respectively. Bitcoin rises 0.9% to $86,801, LSEG data show. ([email protected])