Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025
Update: 2025-10-30
Description
Crypto markets experienced a slight dip following Powell's comments on potential interest rate cuts, with Bitcoin and Ethereum dropping by 1.6% and 2% respectively. Despite this, crypto analysts remain optimistic, with markets expected to stabilize if monetary policy remains loose and global economic conditions improve. The recent dip follows a steeper drop in early October, triggered by Trump's threat of tariffs on China, which has since softened, with markets now focusing on the upcoming Trump-Xi meeting.
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