Bitcoin falls back after hitting a two-week high point.

Bitcoin slightly fell back after hitting a two-week high overnight. However, the cryptocurrency is still above the key level of $90,000, as market expectations for further interest rate cuts by the Federal Reserve on December 10 boost demand for risk assets. Bitcoin has rebounded since the large sell-off on Monday, which was partly driven by strong hints from Bank of Japan Governor Haruhiko Kuroda that they will raise rates on December 19. Data from the London Stock Exchange Group shows that Bitcoin is down 0.4% to $93,342, after reaching a high of $94,082 overnight. Bitcoin had its worst single-day performance since March on Monday, hitting a one-week low of $80,553.