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Bitcoin Extends Losses as Powell Cautions Against Rate Cut Bets
Market Intelligence Analysis
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Why This Matters
Bitcoin's price declined following Jerome Powell's statements suggesting a less dovish stance on interest rate cuts, reducing market optimism. The remarks signal a potential continuation of tighter monetary policy, negatively impacting risk assets like Bitcoin.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Bitcoin continued to lose ground after hawkish remarks from Federal Reserve Chair Jerome Powell dampened expectations for another interest-rate cut this year.
Original article published by
Bloomberg
on October 30, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.