Bitcoin Dips Below $90,000 as Fed Rate-Hike Bets Reprice and ETF Outflows Damp Market Sentiment

COINOTAG News, November 19—QCP’s daily market observation flags renewed pressure on Bitcoin this week, with price briefly testing the $90,000 level. The pullback reflects a shift in expectations for interest-rate hikes and ongoing ETF outflows that dampen sentiment, while thinner liquidity amplified the move, signaling heightened macro sensitivity.

The decline aligns with a rapid repricing of the Federal Reserve outlook, flipping from an almost assured December cut to a more balanced probability. As rates move, risk assets such as Bitcoin face the brunt, while the broad equity complex holds firm on sturdy earnings from hyperscalers and AI-related capex.

With the US government reopening, incoming data on the labor market and the Conference Board’s Leading Economic Index will inform the next policy stance for 2026, particularly whether inflation or slack in the labor market dominates. The economy shows a K-shaped divergence, buffering risk appetite through resilient household balance sheets and capex momentum.