Bitcoin recently climbed above $90,000, reaching its highest level since mid-December. In the latest trading sessions, the cryptocurrency touched approximately $90,535, after trading below $88,000 earlier in the day. Despite the rebound, Bitcoin remains below its recent peak of December 9, when it surged to $94,652. The price increase comes amid renewed expectations of a more accommodative monetary policy in the United States.
Some investors have returned to the crypto market on hopes that interest rate cuts could take place in 2026, a scenario that typically benefits alternative and higher-risk assets. In this context, Bitcoin is once again being viewed as a potential hedge against expansionary monetary policies. Market attention is also focused on the U.S. Federal Reserve. Jerome
Powell’s term as Fed chair ends in May 2026, and speculation over future leadership has fueled expectations of a possible shift toward looser monetary policy. If confidence in the Fed’s independence or direction were to weaken, Bitcoin could gain further support as a decentralized asset. However, optimism remains cautious. Analysts warn that there are no clear signs of a sustained upward trend, as the global macroeconomic environment continues to appear fragile.
Investors remain reluctant to take larger positions in the absence of strong catalysts. Looking ahead, low volatility is expected in the coming weeks, particularly during the holiday period, when trading volumes tend to decline. Without fresh macroeconomic or regulatory triggers, Bitcoin is likely to continue moving within a narrow range, awaiting clearer signals on monetary policy and investor risk appetite.
