Bitcoin Tumbles Back to $110K on Fed's Powell's Hawkish Comments

Market Intelligence Analysis

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Why This Matters

Bitcoin has dropped back to $110K following hawkish comments from Fed Chair Powell, who indicated that a December rate cut is not guaranteed despite signs of labor market weakness. This uncertainty surrounding interest rates is likely to impact investor sentiment towards cryptocurrencies.

Market Impact

Market impact analysis based on bearish sentiment with 85% confidence.

Sentiment
Bearish
AI Confidence
85%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Though acknowledging growing weakness in the labor market, Powell said a December rate cut is not a "foregone conclusion."

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Original article published by Unknown on October 29, 2025.
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