Bitcoin Steadies at $108K as Fed Rate Cut Triggers Wild Market Swings

Bitcoin (BTC) traded around $110,000 on October 30, 2025, after a volatile reaction to the Federal Reserve’s second rate cut of the year, which failed to ignite a sustained crypto surge. The Fed trimmed its benchmark rate by 25 basis points to 3.75%-4%, citing labor market softening amid a government shutdown delaying key data. Chair Jerome Powell’s press conference turned hawkish, casting doubt on a December cut and triggering a “sell-the-news” pullback, with BTC shedding 4.3% to $109,816 before stabilizing.

Markets initially cheered the easing, with equities spiking briefly and bond yields dipping, but Powell’s caution—highlighting inflation risks and data gaps—reversed gains. Bitcoin mirrored the turmoil, dipping below $109,000 amid $817 million in futures liquidations, yet held above the 200-day moving average, signaling resilience. “BTC’s sensitivity to macro policy is maturing,” noted a Matrixport analyst, contrasting its steadiness with traditional assets.

Technically, BTC consolidates between $111,300 support and $115,200 resistance, per 4-hour charts. A break above $116,000 (Ichimoku cloud) could target $125,000 by early November, while a drop below $108,000 risks $104,000. RSI at 51.25 indicates neutral momentum, with 57% green days in the last month.

Institutional demand bolsters the floor: Spot Bitcoin ETFs logged $202.4 million inflows on October 28, led by ARKB ($75.8M) and FBTC ($67M), part of a $446 million weekly haul. Year-to-date, U.S. ETFs hold $25.9 billion, underscoring accumulation amid volatility. Glassnode strategists eye cheaper liquidity fueling risk assets if BTC clings above $110,000.

As the dollar strengthens and tariffs loom, short-term swings persist, but easing policy reinforces BTC’s hedge narrative. Analysts forecast 13% upside to $125,655 by November 3 if momentum flips.

Powell’s restraint curbed euphoria, but steady ETF flows and technical holds signal Bitcoin’s macro fortitude. For traders: Monitor $115K breaks, Fed dots, and inflows—easing could spark Q4 gains to $130K.