The FOMC delivered a 25 basis point rate cut but at the same time, Fed Chair Powell's comment on “December not guaranteed” triggered a sell-off with Bitcoin sliding below $110,000 and currently stabilizing near $108,500.
Spot ETF flows flipped negative: Oct. 29 saw Bitcoin ETFs net outflows of $471 million and Ethereum ETFs net outflows of $81 million. Bitwise’s Solana ETF debuted with inflows of $69.45 million, the highest daily inflow for any ETF in 2025.
Technical battleground: immediate support is $107,000–$109,000; while heavy supply sits at $117,000 and continues to cap rallies.
Tactical posture: reduce risk, keep cash available, and prefer staggered re-entry on confirmed demand; avoid momentum chasing into headline noise.
The Polygon-GSR backed chain enters a sector where monthly volumes have hit $739 billion — but where Hyperliquid already commands the majority of open interest
Bitcoin recovered to $71,500 amid US-Iran tensions that rattled broader markets, but a surge in liquidations earlier and rising rate-hike expectations are clouding the outlook.
Stop trying to define “gambling.” A cleaner lens is whether markets permit real information discovery – and whether states treat the underlying activity as a tradable commodity or a tightly controlled wager.
