The post Bitcoin falls to lowest level since April appeared on BitcoinEthereumNews.com. Andriy Onufriyenko | Moment | Getty Images Bitcoin dropped on Thursday to levels not seen in more than six months, as investors appeared to pull back exposure to riskier assets and weighed the prospects of another Federal Reserve rate cut next month. The flagship digital currency fell to as low as $86,325.81, its lowest level since April 21. It last traded at $86,690.11. The release of stronger-than-expected U.S. jobs data raised questions about whether the central bank would lower its benchmark overnight rate. The U.S. economy added 119,000 in September, well above the 50,000 economists polled by Dow Jones expected. That report sent the probability of a December rate cut to around 40%, according to the CME Group’s FedWatch tool. Bitcoin’s pullback formed part of a broader cryptocurrency market decline. XRP was last down 2.3% on the day, and is below $2.00, while ether shed more than 3% to trade well below $3,000. Dogecoin was unchanged. The world’s oldest crypto also led stocks lower, even after a blockbuster Nvidia earnings report. Traders who are heavily invested in AI-related stocks tend to also hold bitcoin, linking the two trades. Bitcoin’s price has largely slid since a rash of cascading liquidations of highly leveraged crypto positions in early October. Source: https://www.cnbc.com/2025/11/20/bitcoin-falls-to-lowest-level-since-april.htmlThe post Bitcoin falls to lowest level since April appeared on BitcoinEthereumNews.com. Andriy Onufriyenko | Moment | Getty Images Bitcoin dropped on Thursday to levels not seen in more than six months, as investors appeared to pull back exposure to riskier assets and weighed the prospects of another Federal Reserve rate cut next month. The flagship digital currency fell to as low as $86,325.81, its lowest level since April 21. It last traded at $86,690.11. The release of stronger-than-expected U.S. jobs data raised questions about whether the central bank would lower its benchmark overnight rate. The U.S. economy added 119,000 in September, well above the 50,000 economists polled by Dow Jones expected. That report sent the probability of a December rate cut to around 40%, according to the CME Group’s FedWatch tool. Bitcoin’s pullback formed part of a broader cryptocurrency market decline. XRP was last down 2.3% on the day, and is below $2.00, while ether shed more than 3% to trade well below $3,000. Dogecoin was unchanged. The world’s oldest crypto also led stocks lower, even after a blockbuster Nvidia earnings report. Traders who are heavily invested in AI-related stocks tend to also hold bitcoin, linking the two trades. Bitcoin’s price has largely slid since a rash of cascading liquidations of highly leveraged crypto positions in early October. Source: https://www.cnbc.com/2025/11/20/bitcoin-falls-to-lowest-level-since-april.html

                                                                               Macro analyst Luke Gromen’s comments come amid an ongoing debate over whether Bitcoin or Ether is the more attractive long-term option for traditional investors.                     Macro analyst Luke Gromen says the fact that Bitcoin doesn’t natively earn yield isn’t a weakness; it’s what makes it a safer store of value.“If you’re earning a yield, you are taking a risk,” Gromen told Natalie Brunell on the Coin Stories podcast on Wednesday, responding to a question about critics who dismiss Bitcoin (BTC) because they prefer yield-earning assets.“Anyone who says that is showing their Western financial privilege,” he added.Read more