{"id":5280,"date":"2025-10-30T14:16:10","date_gmt":"2025-10-30T14:16:10","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/10\/30\/bitcoin-price-craters-to-107000-as-fed-turns-cautious-traders-react-to-trump-xi-meeting\/"},"modified":"2025-10-30T14:16:10","modified_gmt":"2025-10-30T14:16:10","slug":"bitcoin-price-craters-to-107000-as-fed-turns-cautious-traders-react-to-trump-xi-meeting","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/10\/30\/bitcoin-price-craters-to-107000-as-fed-turns-cautious-traders-react-to-trump-xi-meeting\/","title":{"rendered":"Bitcoin Price Craters to $107,000 as Fed Turns Cautious, Traders React to Trump\u2013Xi Meeting"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Craters to $107,000 as Fed Turns Cautious, Traders React to Trump\u2013Xi Meeting<\/a><\/p>\n

<\/div>\n

Bitcoin price tumbled sharply Thursday morning, falling to the low $107,000s as traders digested cautious remarks<\/a> from Federal Reserve Chair Jerome Powell and mixed signals from the latest Trump\u2013Xi meeting.\u00a0<\/p>\n

The bitcoin price<\/a> drop erased last week\u2019s rebound and extended the bitcoin\u2019s weak October performance, weighed down by macro headwinds and China-U.S. trade relations.<\/p>\n

The world\u2019s largest cryptocurrency was down to $107,472 by early Thursday, according to Bitcoin Magazine Pro data, after briefly plunging to $107,925 overnight.<\/p>\n

Bitcoin price reacts to Jerome Powell\u2019s comments<\/h2>\n

The move followed the Fed\u2019s<\/a> 25-basis-point rate cut on Wednesday \u2014 its second of 2025 \u2014 bringing the target range to 3.75%\u20134%. While the cut was widely anticipated, Powell\u2019s message was clear<\/a>: further easing this year is far from guaranteed.<\/p>\n

There were \u201cstrongly differing views among policymakers,\u201d Powell said during his post-meeting press conference, adding that the Fed might \u201cwait a cycle\u201d before considering another reduction.\u00a0<\/p>\n

The remarks rattled markets that had been pricing in a December cut, with CME FedWatch data showing probabilities for another move dropping from 90% to just 71% after his comments.<\/p>\n

Risk assets broadly weakened yesterday. The S&P 500 finished flat, the Dow Jones Industrial Average slipped 0.2%, and the Nasdaq Composite managed a modest 0.6% gain. As of writing, markets for Thursday look bleak as well.\u00a0<\/p>\n

Bitcoin, which traded near $116,000 earlier in the week, sank as Powell spoke, briefly touching $109,000 in a sharp sell-off before stabilizing near $111,000 overnight.<\/p>\n

The Fed\u2019s tone also overshadowed what had appeared to be a positive outcome from the Trump\u2013Xi summit. Following the meeting, President Trump said<\/a> China would \u201cimmediately resume soybean purchases\u201d and that \u201call rare-earth issues have been resolved.\u201d\u00a0<\/p>\n

Still, it looks like traders remained cautious, focusing instead on the Fed\u2019s hawkish pivot and the ongoing U.S. government shutdown, now entering its fourth week.<\/p>\n

Institutional demand also showed early signs of weakness. U.S.-listed spot Bitcoin ETFs saw $470.7 million in outflows on Wednesday, ending a four-day inflow streak and marking the largest daily outflow since October 16, per Bitcoin Magazine Pro data.\u00a0\u00a0<\/p>\n

Will the bitcoin price react to Quantitative Tightening ending?\u00a0<\/h2>\n

Powell did confirm<\/a> that the Fed is nearing the end of its Quantitative Tightening (QT) program \u2014 a move that could eventually boost liquidity in risk assets.\u00a0<\/p>\n

Since 2022, QT has drained nearly $1 trillion from the Fed\u2019s balance sheet by allowing Treasury and mortgage holdings to mature without reinvestment.\u00a0<\/p>\n

Powell said the process could conclude by December but warned that future decisions remain data-dependent. Despite the sharp correction, analysts remain divided on Bitcoin\u2019s near-term direction. <\/p>\n

This post Bitcoin Price Craters to $107,000 as Fed Turns Cautious, Traders React to Trump\u2013Xi Meeting<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Craters to $107,000 as Fed Turns Cautious, Traders React to Trump\u2013Xi Meeting Bitcoin price tumbled sharply Thursday morning, falling to the low $107,000s as traders digested cautious remarks from Federal Reserve Chair Jerome Powell and mixed signals from the latest Trump\u2013Xi meeting.\u00a0 The bitcoin price drop erased last week\u2019s rebound and […]<\/p>\n","protected":false},"author":0,"featured_media":5281,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5280","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5280"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5281"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}