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.
Russia has opened its crypto market to regulated trading, with Sberbank forecasting $46.4 billion in first-year volume as Moscow brings digital assets deeper into its financial system.
The proposal stops short of creating a separate category for onchain transfer agents, opting instead to write blockchain recordkeeping into the existing rulebook that has governed the role since paper stock certificates were standard.
Wang says manufacturers selling AI devices into Latin America are paying up to 11% in local transfer fees, the gap Capital Layer is betting stablecoins can close.
The app gives Ethena's USDe stablecoin a route into everyday spending just as the token's circulating supply has fallen by more than 70% from its September 2025 peak.