Bitcoin's price fell below $90,000 on December 11, 2025, as the Federal Reserve's decision to cut interest rates prompted caution across cryptocurrency markets. The move led to a shift in the fear and greed index towards fear, causing significant declines in major indices and high-beta tokens, including XRP. In a related development, Terraform Labs founder Do Kwon is facing sentencing in the U.S. for misleading investors during the Terra/LUNA collapse. This legal proceeding marks a significant event in the aftermath of the crisis, further impacting market sentiment.