Bitcoin Crosses $92,000 as Fed Rate Cut Expectations Boost Market Confidence

Bitcoin regained strong momentum on Monday, climbing back above $92,000 as global traders priced in a likely US Federal Reserve rate cut this week. The move comes after a quiet weekend that kept BTC stuck below $90,000, but today’s push signals renewed confidence ahead of the high impact monetary decision.

As of today, Bitcoin is trading at approximately $91,355, approaching last week’s high of $94,200. Analysts say the recovery reflects growing expectations of a 25 basis-point rate cut, with CME data showing nearly 87% probability of easing by the Federal Reserve. U.S. equity futures also inched higher, adding strength to the crypto market’s sentiment.

Bitcoin’s rise comes after Friday’s sell off, with traders now reversing bearish positions. Market experts note that BTC’s 30 day implied volatility remains stable at around 50 percent, suggesting no panic ahead of the Fed announcement. Analysts also highlight that positive funding rates for BTC and ETH indicate ongoing bullish leveraged bets, though part of this may stem from arbitrage unwinding.

Despite Bitcoin’s recovery, the altcoin market continues to lag significantly. The altcoin season index has dropped to a record-low 19/100, reflecting minimal speculative interest. Privacy tokens, however, remain an exception. Zcash surged another 17 percent today and is now up nearly 600 percent in 2025, far outperforming metaverse tokens, memecoins, and Celestia’s TIA, which continue to slide.

Market data shows strong demand for BTC call spreads and strangles, indicating traders positioning for sharp upside or volatility. On the other hand, bitcoin and ether puts still trade more expensively than calls, reflecting lingering downside fears. Of notable interest, the $20,000 BTC put remains one of the most popular long-term options for June 2026, showing some hedging against extreme downturn scenarios.