The Fed cut interest rates... and Bitcoin fell.
Contradictory? Only for those who look at the data and ignore the context.
The market didn't fall because there was a cut.
It fell because the cut came with a speech that kept real interest rates high for longer.
📌 What really weighed:
✅The cut of 25 bps was already priced in
✅The Fed made it clear that there is no rush for new cuts
✅Real interest rates remain positive
✅Appetite for risk remains limited
In other words:
the market received relief, but did not receive confirmation of a liquidity cycle.
And when real interest rates remain high, risk assets suffer — especially crypto, which reacts more to the Fed's tone than to the isolated decision.
This explains why:
▶️BTC gave back part of the movement
▶️Altcoins took a bigger hit
▶️Volatility returned quickly
👉 I analyzed this scenario in more depth in the article from 11/12/2025, breaking down why the speech mattered more than the cut and what to observe going forward. Click aqui and check it out!
