Bitcoin slips despite Fed cut and ongoing accumulation
Bitcoin trades near $91,370, off about 0.7% on the day and still consolidating in a $90K–$95K band after November’s sharp drawdown. A Fed rate cut and data showing over 400,000 BTC leaving exchanges underscore longer‑term accumulation, but Standard Chartered’s halved price targets and worries over digital‑asset treasuries are capping near‑term upside.