BTC/USD: After crawling out of $92,000, Bitcoin wobbles under six digits. Weekend Dip Essentials:

- The price of bitcoin is off to a dismal start.
- The weekend dip continues to weigh in on Bitcoin as the year comes to a close.

TradingView's illustration
Ether approached $3,100 before reversing some of the decline, so it wasn't just orange coin that fell under the burden of weekend selling.

Prices of bitcoin After recovering from a sharp drop over the weekend, the price of bitcoin/dollar had a rough start to the holiday week. Blockchain-savvy traders hurried to seize the opportunity when the original cryptocurrency dropped to $92,000 on Saturday, pushing it up to levels close to $97,000. The second-biggest token, Ether, dropped to $3,100 before recovering some of the loss to trade close to $3,300.

Crypto circles are struggling to sustain prices following the release of the Federal Reserve's 2025 forward guidance. Last Wednesday, the US central bank slashed its interest rate-cut forecast from four to just two cuts, thereby putting a dampener on almost every market rise (well, maybe the dollar). The enthusiasm gives way to caution as we prepare to ring in the new year, and cryptocurrency is currently feeling the heat as fans of digital assets withdraw their investments. What is this year's bottom line?

In summary, cryptocurrency had a greater boom than ever before.

Bitcoin surged to a market capitalisation of over $2.1 trillion after reaching a record high of $108,000. Donald Trump, the president-elect Already on the road, Donald Trump is putting together a group of A-list billionaires and businesspeople who will work to bring the cryptocurrency sector into a new age of expansion. In summary, aside from the Fed's remarks, the future for cryptocurrency has never been more optimistic.

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