Bitcoin has fallen below $88,000, marking a 1.51% decline in the past hour as the cryptocurrency market experiences a downturn following the Federal Reserve's recent FOMC meeting. The meeting highlighted signs of stabilization in the U.S. unemployment rate, while inflation remains elevated.
Historically, Bitcoin has shown a pattern of correction following FOMC meetings, with 7 out of 8 meetings in 2025 resulting in declines. The latest drop comes after the first FOMC meeting of 2026, suggesting a continuation of this trend, often linked to market reactions to rate-cut expectations and the digestion of economic signals.
Bitcoin Drops Below $88,000 Amid Post-FOMC Meeting Decline
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