Bitcoin Slips Below $90K as U.S. Jobs Data Sends Mixed Signals

• Bitcoin’s price dropped below $90,000 on December 4, 2025.
• Robust U.S. labor data fuels uncertainty, complicating Federal Reserve rate-cut expectations and weighing on crypto markets.

On December 4, 2025, Cointelegraph reported that Bitcoin’s price fell below $90,000 — a decline that came despite growing market speculation over a possible interest rate cut by the Federal Reserve in its December 10 meeting. The slump stems from unexpectedly strong U.S. labor market data, which painted a picture of economic resilience but widened the gap between traditional market strength and cryptocurrency valuations.

Bitcoin prices faltered in the wake of U.S. jobless claims figures, which came in lower than projections. While the market still anticipates a rate cut, the robustness of labor market metrics has introduced new uncertainty into the crypto sector. Analysts pointed out that this disconnect — between a strengthening job market and mounting financial strain on consumers — has led to heightened speculation about the Federal Reserve's potential policy decisions.

From a technical perspective, Bitcoin is confronting critical resistance levels that it must clear to reverse its current bearish trajectory. The key yearly opening price of $93,500 remains an obstacle, with resistance zones also identified between $96,000 and $98,000. A number of technical indicators, including the 50-week simple and exponential moving averages, are being closely monitored for signs of bullish momentum. Material Indicators warned that a failure to reclaim these levels would reinforce the bearish narrative around Bitcoin.

The broader macroeconomic picture remains mixed. While robust labor market data reduces immediate pressure for a potential rate cut, markets have priced in an 89% likelihood that the Federal Reserve will proceed with one. Analysts remain divided on the Fed’s longer-term rate path, adding to potential uncertainty and volatility.

Elsewhere on the global stage, Japan has introduced additional complexities to market sentiment. The Bank of Japan announced a $135 billion economic stimulus package even as it weighed an interest rate increase — a seemingly contradictory move that underscores ongoing uncertainties in global monetary policy.

In contrast, traditional equity markets continue to show strength. The S&P 500 is nearing record-high levels, reflecting investor optimism in the stock market. Analysts have advised prioritizing investments in well-performing asset classes, projecting a strong end to 2025 for equities. Meanwhile, cryptocurrency investors are being urged to tread cautiously. Analysts stress that Bitcoin’s inability to confirm a clear bullish reversal highlights the risks of prematurely speculating on a broader market recovery.

As of December 4, 2025, 16:08 UTC, Bitcoin (BTC) is trading at $92,822.81 with a 0.73% increase in 24-hour trading volume, according to CoinMarketCap.