Bitcoin Plunges Following Fed Remarks, Triggering Crypto Liquidations

A sharp drop in Bitcoin prices on October 30, 2025, was triggered by remarks from Federal Reserve Chair Jerome Powell that cast doubt on a December rate cut. These comments caused instability across global markets, leading to significant sell-offs in both the cryptocurrency and stock markets alike. The decline, which saw Bitcoin fall below $108,000, was marked by over $1.13 billion in crypto liquidations and is directly attributed to market uncertainty regarding the Fed’s future monetary policy moves. [link to original article]** The impact of these comments reverberated through various sectors, as stock values in the cryptocurrency industry like Coinbase also suffered, highlighting broader market volatility. Economic concerns surrounding potential interest rate hikes have had a direct impact on both traditional financial markets and digital assets such as Bitcoin.