Bitcoin price today: falls to 110k after Trump-Xi meeting, Fed caution weighs By Investing.com
Update: 2025-10-30
Description
Bitcoin's price plummeted by 2.5% on October 30th, erasing gains from the previous week and keeping it in the red for October. This drop followed a meeting between U.S. and Chinese leaders and cautious messages from the Federal Reserve. Despite optimistic comments from former President Trump about a potential trade deal between the U.S. and China, markets remain unconvinced due to the lack of concrete steps or timeline. The crypto industry was indirectly affected by the trade tensions, leading to volatile prices. Mastercard's potential acquisition of crypto infrastructure firm Zerohash for $1.5-$2 billion signals increased mainstream interest in crypto tech, particularly stablecoins. However, overall crypto sentiment remains soft due to uncertainties around inflation and government action.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
