Bitcoin could drop to between $60K and $80K into year-end if the U.S. Federal Reserve holds interest rates steady at its policy meeting on Dec. 9-10. The BTC price has fallen sharply since the beginning of November as rate-cut expectations slipped below 50%.

The Federal Reserve maintained its benchmark interest rate on Wednesday, keeping borrowing costs at their highest level in more than two decades despite a prolonged cooldown of inflation. An interest rate cut is widely expected in the coming months.

Explore current mortgage rates and what they mean for homebuyers.

Gold prices held steady on Wednesday, buoyed by weak private payrolls data that reinforced expectations of a U.S. interest rate cut next week, while silver hit a fresh record high.

Gold prices held steady above the $4,200 mark on Thursday, buoyed by weak private payrolls data that reinforced expectations of a U.S. interest rate cut at the U.S. Federal Reserve's monetary policy meeting next week.