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Powell Pullback: BTC Falls to $108k After Fed Chair Questions December Cut
Key takeaways
- 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.
Market Opportunity
Bitcoin Price(BTC)
$88 658,77
$88 658,77$88 658,77
USD
Bitcoin (BTC) Live Price Chart
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