{"id":409603,"date":"2025-10-30T05:46:24","date_gmt":"2025-10-30T00:16:24","guid":{"rendered":"https:\/\/dripp.zone\/news\/bitcoin-dips-under-110000-after-fed-cuts-rates-crypto-news\/"},"modified":"2025-10-30T05:50:45","modified_gmt":"2025-10-30T00:20:45","slug":"bitcoin-dips-under-110000-after-fed-cuts-rates-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-dips-under-110000-after-fed-cuts-rates-crypto-news\/","title":{"rendered":"Bitcoin Dips Under $110,000 After Fed Cuts Rates – Crypto News"},"content":{"rendered":"

<\/p>\n

Ethereum and major altcoins fall as investors weigh the Fed\u2019s move and trade uncertainty.<\/p>\n

\n

The cryptocurrency market turned sharply lower on Wednesday after the Federal Reserve cut interest rates by a quarter point, marking its second reduction this year<\/a>.<\/p>\n

Bitcoin (BTC<\/a>) fell 3.6% to $110,663, while Ethereum (ETH<\/a>) dropped 5% to $3,921. Other major coins also declined, with XRP down 3% to $2.60, BNB<\/a> falling 2.6% to $1,105, and Solana (SOL<\/a>) down 3.1% to $193.<\/p>\n

BTC Chart<\/figcaption><\/figure>\n

Despite the overall pullback, some coins saw strong gains. Official Trump (TRUMP) surged 17.9%<\/a> to $8.25, Zcash (ZEC) rose 10% to $344.46, and pumpfun (PUMP) climbed 6%.<\/p>\n

The day\u2019s top losers included Aster (ASTER), down 8.8% to $1.05, Cronos (CRO), which fell 7% to $0.1484, and Story (IP), down 5.4% to $4.89.<\/p>\n

The global cryptocurrency market capitalization is down 2% over the past 24 hours to $3.84 trillion, with Bitcoin dominance at 57.6% and Ethereum dominance at 12.3%.<\/p>\n

Liquidations and Market Flows<\/h2>\n

Around $851 million in crypto positions were liquidated over the past 24 hours, according to Coinglass. Long positions accounted for about $658 million, while shorts made up $193 million. <\/p>\n

Bitcoin led the liquidations with nearly $282 million, Ethereum followed with $256 million, and Solana contributed over $80 million.<\/p>\n

Spot Bitcoin ETFs attracted $202 million in inflows on Tuesday, marking the fourth consecutive day of inflows totaling around $462 million. Spot Ethereum ETFs recorded nearly $246 million in inflows, marking the second consecutive day of inflows, according to SoSoValue.<\/p>\n

Fed Reserve Decision<\/h2>\n

The Federal Reserve cut interest rates by 0.25% on Wednesday, bringing rates below 4% for the first time since late 2022. Officials said they are worried about the labor market, but don\u2019t have full economic data because the government is shut down.<\/p>\n

Two Fed members disagreed: Stephen Miran wanted a larger 0.5% cut, and Jeffrey Schmid wanted to keep rates unchanged at 4-4.25%. The Fed also said it will stop shrinking its $6.6 trillion balance sheet in December to avoid problems in short-term lending.<\/p>\n

Fed Chair Jerome Powell said the job market is still at risk, and the Fed is trying to help workers without causing inflation to rise too much.<\/p>\n

Meanwhile, President Donald Trump is preparing to visit China on Thursday to discuss a possible trade truce with President Xi Jinping. This comes after weeks of uncertainty over U.S.-China trade relations<\/a>, which have been adding pressure to markets.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ethereum and major altcoins fall as investors weigh the Fed\u2019s move and trade uncertainty. The cryptocurrency market turned sharply lower on Wednesday after the Federal Reserve cut interest rates by a quarter point, marking its second reduction this year. Bitcoin (BTC) fell 3.6% to $110,663, while Ethereum (ETH) dropped 5% to $3,921. Other major coins […]<\/p>\n","protected":false},"author":2,"featured_media":409604,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-409603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=409603"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409603\/revisions"}],"predecessor-version":[{"id":409605,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/409603\/revisions\/409605"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/409604"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=409603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=409603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=409603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}