Bitcoin Price Today: BTC Reclaims $91K as Fed Rate Cut Bets and Institutional Buying Drive Volatile Rally

Bitcoin price today is hovering around the $90,000–$92,000 zone on Monday, December 8, 2025, staging a modest rebound as traders position for this week’s crucial US Federal Reserve decision and another wave of institutional headlines.

According to live market data, Bitcoin (BTC) is trading close to $91,000, up roughly 1–2% over the past 24 hours, with a market capitalization near $1.8 trillion and tens of billions of dollars in daily trading volume. ^[1]

That still leaves BTC almost 30% below its all‑time high near $126,000 set on October 6, underscoring how fragile sentiment remains after a brutal autumn correction. ^[2]

Bitcoin Price Today: Snapshot for December 8, 2025

Different data providers show slightly different ticks, but they broadly agree on today’s picture:

Spot price: around $90,000–$91,000
Day’s range: roughly $89,600 (low) to $92,300 (high) ^[3]
24h performance: up around 1–2% versus Sunday’s close ^[4]
Market cap: about $1.8 trillion ^[5]

Analytics firm YCharts pegs Bitcoin’s daily reference price at $90,162.91 for December 8, 2025, about 1.03% higher than the previous day and nearly 9.6% lower than a year ago, highlighting how the latest pullback has dented what had been a strong multi‑year uptrend. ^[6]

Intraday order‑book data from Coinbase Pro show BTC opened near $90,400, tested a high around $92,300, and briefly dipped below $90,000 before recovering toward the $91,000 area. ^[7]

The broader crypto market is also in the green. A CryptoNews market wrap notes that total crypto market capitalization has climbed about 2.2% to roughly $3.2 trillion, with 90 of the top 100 coins and all of the top 10 posting gains over the last 24 hours. In that report, Bitcoin is up about 2.4% to $91,532, and Ethereum trades above $3,100. ^[8]

Macro Backdrop: Fed Rate Cut Bets Dominate Bitcoin Narrative

The Federal Reserve’s December policy meeting is the clear macro driver for Bitcoin price today.

FX and crypto analysts at FXLeaders point out that BTC is trading just above $91,000, up around 2.5% on the day, as markets brace for Wednesday’s Federal Open Market Committee (FOMC) decision. ^[9]
Research on Investing.com argues that Bitcoin is entering December under “conflicting forces” – weaker macro data, fading liquidity, and a shifting rate environment that could define its 2026 trajectory. The Fed is widely expected to deliver a 25‑basis‑point cut, its third this year, bringing the federal funds rate to roughly 3.5–3.75%. ^[10]

Lower interest rates typically support risk assets like Bitcoin by pushing investors toward higher‑beta plays and reducing the opportunity cost of holding non‑yielding assets. However, these same macro reports warn that slowing growth and liquidity stress can offset any rate‑cut boost, especially if markets sense that the Fed is cutting into weakness rather than victory.

Sentiment data from another Fed‑focused BTC analysis note that the crypto Fear & Greed index sits near 24 – deep in “fear” territory – even as prices bounce, suggesting traders remain fragile and reactive to headlines. ^[11]

Institutional Flows: ETFs, Big Banks, and Strategy’s $963M Bitcoin Buy

Today’s Bitcoin narrative is also heavily shaped by institutional capital flows, especially ETFs and corporate treasuries.

1. Spot Bitcoin ETF Flows

Outflows still loom large. Data compiled by ETF Database show that US Bitcoin ETFs have bled about $3.4 billion over the past month, even though several days in late November and early December saw fresh inflows—most notably around $238 million in net buying on November 21. ^[12]
Momentum is turning. A separate institutional roundup from investment research firm AlphaNode says spot Bitcoin and Ether funds just logged their first net‑positive inflow week since October, after four straight weeks of outflows. Bitcoin products added roughly $70 million in net inflows, while Ethereum funds attracted more than $300 million. ^[13]
Issuer‑by‑issuer split. A flows breakdown tracked by TradingNews shows BlackRock’s IBIT ETF actually saw about $49 million in outflows this week, while Fidelity’s FBTC led inflows with nearly $62 million, and smaller issuers like Bitwise and VanEck recorded modest positive flows. ^[14]

Taken together, these numbers paint a nuanced picture: headline outflows are slowing, but capital is rotating between issuers rather than pouring in uniformly.

2. Big Banks and Vanguard Embrace Crypto ETFs

Perhaps more important than week‑to‑week numbers is who is now participating:

AlphaNode highlights that Vanguard has reversed its long‑standing stance and is now letting clients trade spot Bitcoin, Ethereum, XRP and Solana ETFs, a major psychological shift for one of the world’s biggest asset managers. ^[15]
The same report notes that Bank of America has greenlit its network of over 15,000 wealth advisers to recommend up to a 4% Bitcoin allocation via spot ETFs, formalizing crypto as a legitimate asset class in traditional portfolios. ^[16]

This kind of mainstream distribution helps explain why, even after a sharp correction from October’s peak, ETF volumes and market cap have rebounded quickly into early December.

3. Strategy (MicroStrategy’s Successor) Adds 10,624 BTC

On the corporate side, Bitcoin’s most famous treasury bull just doubled down yet again:

CoinMarketCap’s AI analysis notes that Strategy (the corporate successor to MicroStrategy’s Bitcoin play) bought 10,624 BTC on December 8, spending roughly $963 million in its biggest purchase since September. The firm now holds about 660,600 BTC – around 3.1% of the circulating supply. ^[17]

Large, lump‑sum buys like this reduce liquid supply on the market and send a visible signal of long‑term conviction. At the same time, analysts caution that Strategy’s own stock has fallen sharply this year, raising questions about how sustainable this accumulation strategy is if equity markets turn against aggressive Bitcoin treasuries. ^[18]

Bitcoin Technical Picture: Key Support and Resistance Around $90K–$92K

Technically, Bitcoin price today sits at a make‑or‑break zone just above $90,000. Several trading desks and analysts are focused on similar levels:

Short‑term range: Research from FXLeaders describes BTC consolidating above $91,000, with $87,000 flagged as an important support and $92,000 as the first major resistance. A clean break above $92,000, they argue, could open a quick move toward the psychological $100,000 mark in the coming weeks. ^[19]
Trend structure: A Finbold analysis puts Bitcoin at $91,983, almost 4% higher on the day and over 6% up on the week, but warns that the coin still trades well below its 50‑day and 200‑day moving averages (roughly $99,800 and $103,500). In classic technical terms, that leaves BTC in a broader downtrend unless bulls can reclaim those averages. ^[20]
Short‑term resistance cluster: U.Today’s intraday update marks $92,296 as a key local resistance level for BTC/USD; a failure to close the day near that zone could prompt another test of nearby support. ^[21]
Fine‑grained levels: Another chart‑focused note from The Crypto Basic highlights $92,244 as resistance with immediate support around $89,000, and secondary support near $88,282 if selling pressure picks up. Their RSI reading near 57 suggests BTC is not yet overbought, leaving room for further upside if resistance breaks. ^[22]

Some strategists have gone further, warning of a deeper flush if things go wrong. Finbold calls $86,000 a “do‑or‑die” zone; a decisive breakdown there, they suggest, could open the door to a steeper slide toward $50,000 over time. ^[23]

Short‑Term Bitcoin Price Forecast: Range Trading With Breakout Risk

Despite today’s bounce, a notable chunk of the market still sees months of choppy range trading ahead rather than an immediate return to all‑time highs.

A daily market briefing from CryptoNews argues that:

The recent correction could take months to fully play out.
Bitcoin might trade in a wide $71,000–$105,000 range over the next four to six months, with any move above $108,000 for two consecutive days signaling that the correction has likely ended. ^[24]

Prediction markets tell a similar story. Data from Polymarket’s “Bitcoin price on December 8” contract show traders heavily concentrated around late‑session outcomes in the high‑$80,000 to low‑$90,000 band, underlining expectations for tight consolidation rather than a sudden moonshot on this specific date. ^[25]

On the more optimistic side, several analysts outline bullish “if‑then” maps:

FXLeaders and Bitget both emphasize that a decisive break above $92,000 would likely attract momentum buyers and could propel BTC back toward $100,000 in relatively short order, especially if the Fed delivers a dovish cut. ^[26]
The Crypto Basic notes a potential path to $125,000 if BTC can hold above support near $89,000 and reclaim its 20‑day moving average, while momentum indicators stay out of the overbought zone. ^[27]

Taken together, the consensus near‑term view is:

Base case: messy sideways range between roughly $86,000 and $100,000, with volatility around macro events.
Bull case: break above $92,000–$95,000 triggers a fresh run at six‑figure territory.
Bear case: loss of $86,000 opens the door to a deeper reset, possibly toward $50,000 over a longer horizon. ^[28]

Long‑Term Outlook: Bernstein Says the Four‑Year Cycle Is Broken

The most eye‑catching headlines today come from Wall Street research house Bernstein, which is effectively rewriting the classic “Bitcoin halving cycle” narrative.

From Four‑Year Cycles to an “Elongated Bull Market”

In a detailed note covered by CryptoNews, Bernstein raises its Bitcoin target to $150,000 for 2026, arguing that the traditional four‑year pattern (peaks roughly one year after each halving) no longer fully explains price behavior. Instead, the firm sees an “elongated bull market” driven by sticky institutional buying via ETFs and corporate treasuries that dampens retail boom‑and‑bust cycles. ^[29]
A complementary report highlighted by CoinCentral goes further out on the timeline, projecting $200,000 by 2027and potentially $1 million per BTC by 2033, again based on the thesis that institutional demand and constrained supply will gradually overpower short‑term macro headwinds. ^[30]

These forecasts sit at the optimistic end of the spectrum, but they carry weight because Bernstein is a mainstream research firm managing hundreds of billions of dollars in client assets.

Reality Check: Volatility and Recent Drawdowns

Academic and market observers caution against treating any long‑term price target as destiny:

A research roundup from Northeastern University notes that Bitcoin’s price surged to around $126,000 on October 6, up roughly 33% for 2025 at that point, before tumbling 14% in October, another 17% in November, and yet another 7% on December 1 (a loss quickly reversed the next day). ^[31]

That kind of roller‑coaster is a reminder that even powerful long‑term adoption trends can coexist with brutal drawdowns, margin cascades, and extended periods of sideways churn.

What to Watch Next for the Bitcoin Price

As Bitcoin trades around $91,000 on December 8, 2025, several catalysts could decide whether today’s bounce turns into a sustained move or just another blip in a noisy range:

Fed decision and Powell’s tone
- A 25‑bp cut is widely expected; the real story will be the dot plot, guidance on future cuts, and any language about financial conditions. A dovish surprise could fuel another leg higher in BTC, while a hawkish tone might hit risk assets across the board. ^[32]
Follow‑through in ETF flows
- One positive week of net inflows is encouraging, but the big question is whether capital keeps coming into spot Bitcoin ETFs or reverts to outflows after the Fed and key data prints. Watch the daily flow sheets for IBIT, FBTC and peers. ^[33]
Corporate and whale accumulation
- Strategy’s 10,624‑BTC purchase is the headline today; traders will be watching whether other balance‑sheet‑heavy companies follow, or whether shareholder pressure forces a slowdown in corporate Bitcoin experiments. ^[34]
Key technical levels: $92K, $89K and $86K
- A daily close above $92,000 would strengthen the bull case; losing $89,000 puts focus back on $86,000 and the bearish scenarios highlighted by multiple analysts. ^[35]
Market sentiment and leverage
- With sentiment still stuck in “fear,” any surprise—good or bad—could trigger exaggerated moves. Monitoring futures funding rates, options skew, and liquidations around the Fed decision will be critical for understanding near‑term volatility. ^[36]

Bottom Line

Bitcoin price today is staging a cautious comeback above $90,000, powered by rate‑cut optimism, early signs of ETF inflow recovery, and headline‑grabbing corporate buys, even as the broader technical picture still shows a market working through the hangover from October’s euphoric highs.

Short‑term, the most likely outcome remains range‑bound trading between the mid‑$80,000s and low‑$100,000s, with sharp swings around macro events like this week’s Fed meeting. Longer‑term, heavyweight institutions such as Bernstein, major ETF issuers, and big banks now openly discussing 4% crypto allocations are laying the groundwork for Bitcoin to remain a central macro asset – albeit one that still carries extreme volatility and significant downside risk. ^[37]

Nothing in this article is financial advice. Bitcoin remains a high‑risk, highly speculative asset, and anyone considering exposure should carefully assess their risk tolerance, investment horizon, and the possibility of substantial losses.