0818 GMT - Bitcoin rises modestly as expectations for another interest-rate cut at the Federal Reserve's meeting on Wednesday support risk sentiment. The cryptocurrency is also lifted by reduced concerns about highly-valued artificial intelligence-related stocks after Chinese AI chip company Moore Threads surged nearly 500% on its Shanghai debut. Bitcoin has experienced a volatile week, having suffered its worst fall since March on Monday before recovering back above $90,000. "Despite the recent volatility, bitcoin's underlying narrative remains little changed and institutional adoption continues to broaden," BCA Research strategist Artem Sakhbiev says in a note. Bitcoin rises 0.1% to $92,258, LSEG data show. It hit a two-week high of $94,082 Thursday and a one-week low of $83,873 on Monday. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
December 05, 2025 03:18 ET (08:18 GMT)
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