Bitcoin is holding steady near the $90,000 mark as the Federal Reserve's ongoing balance sheet reduction continues to exert pressure on liquidity and the broader crypto market. This policy, expected to persist through 2025, has left traders divided over whether current market stagnation is due to potential manipulation or concerns within the AI sector. Despite speculation that the Fed might adopt a more accommodative stance, uncertainty looms over potential interest rate cuts below 3.5% by 2026. Additionally, with tightening regulations on Countering the Financing of Terrorism, Bitcoin's effectiveness as a hedge remains uncertain in the short term.