Bitcoin is holding the $113,000 support band as the market braces for today’s FOMC meeting.
ETF activity remains constructive: Bitcoin ETFs added $202 million on Oct. 28, marking four consecutive days of inflows while Ethereum ETFs added $246 million.
Macro tailwinds (cooling labor signals, US–China potential agreement) support risk assets, but flows are below the intensity of cycle-leading rallies.
Derivatives and cost-basis maps show heavy supply near $117,000, a decisive resistance level while downside support sits at $111,000–$112,000.
Tactical posture: range trade with event risk; err on the side of capital preservation ahead of FOMC.
A new Broadridge poll of 200 financial services executives finds near-unanimous conviction on tokenization broadly, but muted enthusiasm for stocks specifically, even as onchain data shows tokenized equity transfers up more than 170-fold in a year.
The law lets licensed intermediaries sell crypto to retail investors under a roughly $3,800 annual cap and permits its use in foreign trade settlements, while keeping the domestic payment ban in place.
A browser-based Gram Wallet is already live, but the bigger move, a native wallet built into every Telegram app for its 1 billion-plus users, is still planned rather than shipped.
Bitcoin is up roughly 6% from this week's low and ether is outpacing it over seven days, as traders weigh a possible Senate breakthrough on crypto market structure legislation against growing expectations of a Fed rate cut.
