"Powell is threading the needle between their two mandates," said one analyst.
The change from what's become typical bearish U.S. session action could signal seller exhaustion.
BTC's relative weakness compared to stocks points to tepid spot demand, making the largest crypto vulnerable to macro volatility, Bitfinex analysts said.
Softer than expected private inflation data did spark some hope that the Friday decline could reverse.
Low-liquidity in December may cap bitcoin's recovery rally, but rangebound trading for the largest crypto could benefit smaller digital assets, Wincent's Paul Howard said.
Employees of the tech giant told The Information that some divisions failed to deliver on their targets in 2025, leading to lower expectations for the year ahead.
Helping the mood in crypto were moves by institutional giants Vanguard and Bank of America to open up digital assets to their clients.
Strategy fell to the lowest since October, 2024, and ether and solana treasury plays including BitMine, Sharplink, Solana Company, Upexi tumbled nearly 10%.
Crypto-related stocks are higher across the board, led by the bitcoin miners.
Traders now see a December rate cut increasingly likely, following fresh comments from San Francisco Fed President Mary Daly.
U.S. stocks are also giving up a major early advance, with the Nasdaq now ahead just 0.3%.
After a rare spot of outperformance on Tuesday, bitcoin has resumed sliding, with one analyst eyeing $84,000–$86,000 as potential local bottom.
After plunging below $90,000 overnight, BTC has regained the $93,000 level in U.S. morning action.
BTC has tumbled nearly 9% this week, while ETH, SOL declined even further and XRP outperformed.
Crypto’s U.S. trading-hour weakness continues as hopes for new 2025 BTC high fade, market strategist said.
Bitcoin's Coinbase Premium, a popular gauge for U.S. demand, is having its longest negative streak since the April correction, coinciding with the Fed turning more hawkish.
Crypto traders are taking profits on the bounce in prices, a Wintermute strategist said in a note.
Ending the government shutdown may trigger a $150-$200 billion liquidity injection, but a continuation could derail long-term crypto regulation, Arca's research head said.
Fully satiated shorts were likely booking some profits, but there was a bit of bullish news on the tape as well.
Continuing a steep slide begun in July, Michael Saylor's Strategy has now turned lower on a year-over-year basis.
Bitcoin was managing a modest bounce early Wednesday following yesterday's tumble below $100,000.
The downturn in prices rippled across derivatives markets, liquidating over $1 billion in leveraged trading positions across all digital assets Monday, CoinGlass data showed.
With Thursday's decline, bitcoin is on track for its worst October return in more than a decade.
Nvidia closed in on a $4 trillion market cap amid CEO Jensen Huang's keynote speech at a tech conference, seemingly sucking capital out of crypto on Tuesday afternoon.
The trend has most definitely not been your friend this week as dips get bought and rallies get sold.
Momentum names are taking a beating on Wall Street, with many AI-related stocks leading that list.
Watching from the sidelines for weeks as precious metals scored record highs on a regular basis, bitcoin on Tuesday was gaining as gold and silver posted their steepest declines in years.
The rebound in crypto prices won't be short-lived as key market metrics show signs of recovery, Arca analysts said in a Monday note.
Crypto prices were down sizably on Tuesday but bounced off of their worst levels.