Logo
Whalesbook
HomeStocksNewsPremiumAbout UsContact Us

Fed Rate Cut Hopes Send Bitcoin Surging Past $84K – Is a New Rally Underway?

Crypto

|

Published on 21st November 2025, 1:51 PM

Whalesbook Logo

Author

Simar Singh | Whalesbook News Team

Overview

Bitcoin rebounded strongly, surging past $84,000 after a significant overnight selloff. This rally was fueled by dovish remarks from New York Fed President John Williams, which dramatically increased expectations for a Federal Reserve interest rate cut in December. The comments also boosted Nasdaq 100 futures, signaling a positive shift in market sentiment towards risk assets following concerns about inflation and monetary policy.