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Smart traders cash in as Bitcoin tumbles after Fed’s 25 bps rate cut
The Federal Reserve delivered a widely anticipated 25-basis-point rate cut, lowering the federal funds target range to 3.75%-4.00% following its Oct. 28-29 meeting, Chair Jerome Powell confirmed on Wednesday. The move, aimed at easing financial conditions, came as risk markets reeled from a wave of volatility that had already begun hours earlier. In the run-up to the decision, the crypto market saw heavy turbulence ahead of the Federal Reserve’s rate decision, and this time, the experts called it right. Roughly $100 million in crypto positions were liquidated in the hour leading up to the announcement, with $55 ... (full story)
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From fxdailyreport.com|Oct 29, 2025Bitcoin ($BTC) is experiencing stalled momentum while struggling to recover in the futures market. Hence, while the Bitcoin futures are endeavoring to rise after the October ...
From cnbc.com|Oct 29, 2025|7 commentsThe Federal Reserve on Wednesday approved its second straight interest rate cut, though Chair Jerome Powell rattled markets when he threw doubt on whether another reduction is ...
From @Top_Bloomberg|Oct 29, 2025|6 comments*POWELL: DON'T SEE SIGNIFICANT DETERIORATION ANYWHERE IN ECONOMY FED’S POWELL: OVERALL ECONOMIC OUTLOOK REMAINS POSITIVE; NOTES IT’S CHALLENGING FOR A CENTRAL BANK WHEN POLICY GOALS ARE IN TENSION FED’S POWELL: BELIEVES THE FED HAS TAKEN THE RIGHT STEPS SO FAR; WARNS IT WOULD BE INAPPROPRIATE TO DISMISS THE INFLATION CHALLENGE *POWELL: FED IS WATCHING CREDIT CONDITIONS VERY CAREFULLY *POWELL: DON'T SEE A BROADER CREDIT ISSUE AT THIS POINT *Fed's Powell Acknowledges Rising Defaults in Subprime Credit
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From @realDonaldTrump|Oct 29, 2025|19 comments
South Korea has agreed to pay the USA 350 Billion Dollars for a lowering of the Tariff’s charged against them by the United States. Additionally, they have agreed to buy our Oil and Gas in vast quantities, and investments into our Country by wealthy South Korean Companies and Businessmen will exceed 600 Billion Dollars. Our Military Alliance is stronger than ever before and, based on that, I have given them approval to build a Nuclear Powered Submarine, rather than the old fashioned, and far less nimble, diesel powered Submarines that they have now. A great trip, with a great President of South Korea!
From apnews.com|Oct 29, 2025|5 commentsNvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark ...
From youtube.com/cnbctelevision|Oct 29, 2025On today's episode of CNBC Crypto World, bitcoin and ether turn lower as the Fed announces another quarter-point cut to rates. Plus, Grammy Award-winning artist Wyclef Jean and ...
