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Bitcoin Dips Below $110K as Powell Tempers Expectations for December Rate Cut

Bitcoin Dips Below $110K as Powell Tempers Expectations for December Rate Cut

| JUAN MENDE |
Bitcoin price dropped to a low of $108,000 after Fed Chair Powell indicated a December rate cut is ‘not a foregone conclusion.’ The Federal Reserve cut its benchmark rate by 25 basis points, but the hawkish tone triggered $817 million in crypto liquidations. This reaction highlights crypto’s sensitivity to monetary policy, potentially delaying Bitcoin’s push toward new all-time highs. Bitcoin experienced a sharp decline yeste…
Bitcoin price dropped to a low of $108,000 after Fed Chair Powell indicated a December rate cut is ‘not a foregone conclusion.’ The Federal Reserve cut its benchmark rate by 25 basis points, but the h…
$72.4 million trading volume for BSOL on Wednesday, surpassing the $56 million from its launch day. $69.5 million in inflows on debut day, boosting assets under management to nearly $292 million. “$72m is a…
Mt. Gox has extended its repayment deadline for creditors from October 31, 2025, to October 31, 2026. The delay stems from incomplete procedures for many creditors and the need for secure distribution…

October 27, 2025
The global cryptocurrency market capitalization has surged to $3.88 trillion following announcements of progress in US-China trade talks. Bitcoin led the gains, rising 2.5% to $115,447, while XRP outperformed by topping its 200-day moving average. The rally comes ahead of key events including Fed and BoJ rate decisions, Mag 7 earnings, and a potential Trump-Xi summit. The cryptocurrency market experienced a significant upswin…

October 27, 2025
Symbolic Resolution: Senators Elizabeth Warren and Adam Schiff plan to introduce a Senate measure denouncing Trump’s pardon of Binance founder Changpeng “CZ” Zhao over national security and conflict concerns.Trading Ban Proposal: Rep. Ro Khanna seeks to prohibit elected officials, including the president and family, from crypto and stock trading, citing the pardon as evidence of corruption.Market Reaction: Trump-linked memecoins surged up to 45%…

October 24, 2025
The White House has confirmed an October 30, 2025, meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the APEC Summit in South Korea. Bitcoin climbed above $111,000 in early European trading, while the Euro Stoxx 50 and Germany’s DAX indices gained 0.25% and 0.15%, respectively. The development comes ahead of potential 100% U.S. tariffs on Chinese imports set for November 1, 2025, unless a deal is reached…

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