Fed cuts, crypto falls? 📉

Bitcoin and other major coins have been sliding since Wednesday morning, continuing to dip after the Fed announced a rate cut.

Author

Andrew Hayward
October 29, 2025

đź“ť What you need to know

Bitcoin and other top crypto assets began sliding this morning ahead of the FOMC meeting, then continued to fall after the Federal Reserve announced the second consecutive interest rate cut. As of this writing, Bitcoin is down 1.3% on the day to $111,315—which means it’s in the red for October, putting “Uptober” in peril.

Easing monetary policy usually benefits Bitcoin, though analysts said ahead of the decision that investors may have already priced in a cut. In any case, the bigger dip came once Fed Chair Jerome Powell commented after the decision, pouring water on the prospects of a third cut in December by saying it was “not a foregone conclusion.”

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