Bitcoin has dropped 25% from its October high of $126,251, trading at around $95,000 on Monday. Uncertainty over the Federal Reserve’s interest rate cut in December has caused traders to react. The CME FedWatch tool places the probability of a rate cut at 43%, down over 10% from last week.

Analysts warn of the impact of the Fed’s shift in sentiment, with institutions selling crypto assets and pulling billions from ETFs. Trump’s pro-crypto policies have lost favor, with threats of tariffs on Chinese imports sparking liquidations. Analysts predict U.S. economic data could sway the Fed’s decision on a rate cut.

Read more at Yahoo Finance: Bitcoin sinks to a six-month low amid jitters over the Fed