Cooling PCE data sparks rate cut speculation, but Bitcoin falls below $90,000

2025-12-05 20:20:16

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[Crypto World] A mild signal came in before the US stock market closed on Friday—the year-over-year increase in the core PCE price index for September narrowed to 2.8%. The market immediately began to bet that the central bank might soften its stance next week. However, performance diverged sharply across sectors: Adobe’s earnings report beat expectations and the stock jumped more than 5 points, while Netflix shares dropped 3.5% due to its planned acquisition of Warner Bros. Discovery’s content business.

The crypto market was far less calm. Bitcoin fell below the $90,000 mark that day, dropping 2.6% in a single day. It seems investors are still cautious about interpreting this round of macro data, and funds aren’t rushing into risk assets yet.

BTC2.16%

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GasWastingMaximalist

· 12-05 20:49

With the rate cut expectations, Bitcoin actually dumped instead. That's wild. The capital got spooked—no one dares to bet.

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MemeCurator

· 12-05 20:45

It broke below 90,000, but there wasn't much of a reaction. It feels like the bottom is hovering around here.

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SundayDegen

· 12-05 20:44

Rate cut expectations are here but the crypto market is falling instead? This logic just doesn’t hold up. --- PCE cools down and the market dumps—looks like people are betting on a contrarian move. --- $90,000 is gone again, isn’t this caution a bit over the top? --- Adobe beats expectations, Netflix tanks, crypto market: I’m out of here. --- The rate cut signals are so strong and yet the market keeps dumping, this is just unbelievable. --- What are funds waiting for? The rate cut is here, what’s there to be afraid of? --- Wasn't it supposed to be an easing policy? Why is crypto still dropping?

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AirdropHarvester

· 12-05 20:36

The interest rate cut is here, but Bitcoin actually fell below 90,000. That's hilarious—I really can't figure out this game.

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