Bitcoin News Today: Bitcoin at Tipping Point: Will Fed Cuts Spark Rally or Deeper Downturn?

Bitcoin's price plunged below $110,000 this week as traders grappled with the Federal Reserve's 25 basis point rate cut and the end of quantitative tightening, sparking concerns over macroeconomic headwinds despite expectations of further monetary easing. The cryptocurrency fell to a low of $108,091 on October 30, 2025, marking a 3.8% drop in 24 hours, according to TradingView, even as analysts anticipate more cuts in 2026, Cointelegraph reported. The move has intensified scrutiny over whether Bitcoin's bearish momentum will persist or if the market will rebound in line with historical trends.

The Fed's decision to reduce rates to 3.75%-4.00% came amid easing inflation and slowing economic growth, yet Bitcoin's response defied expectations. Traders had priced in the cut, but the 6% decline from its recent peak of $116,400, noted by Cointelegraph, suggests broader anxieties about a weakening jobs market and inflation risks. Hyblock, a crypto analytics firm, noted that post-FOMC sell-offs have historically been followed by rebounds, citing similar patterns after previous rate cuts. However, the current environment lacks clear bullish catalysts, with investors shifting focus to "what comes next" beyond the Fed's policy easing.

Coinbase's Q3 profit surge to $1.05 billion, reported by TradingView, highlights resilience in the digital asset sector, but Bitcoin's technical outlook remains precarious. Analysts like Josh Olszewicz identified a critical support zone at $105,400-$103,800, with a breakdown below $100,000 potentially triggering deeper corrections. Meanwhile, two short-term scenarios are emerging: a sharp post-FOMC reversal to test $109,000-$110,000 or a pre-meeting retracement that could set the stage for a rally toward $120,000, a TradingView prediction.

The market's uncertainty is compounded by diverging views on the Fed's 2026 trajectory. Goldman Sachs projects at least two more 25 basis point cuts by early 2026, yet traders remain cautious. A dovish outcome this week could reignite "buy the dip" sentiment, but a hawkish pivot from Chair Jerome Powell during his post-meeting remarks could prolong the selloff. Ethereum, meanwhile, remains range-bound, mirroring Bitcoin's cautious stance.

With the Fed's policy path and macroeconomic data dominating near-term sentiment, Bitcoin's ability to reclaim key resistance levels—such as $126,000—will hinge on broader risk appetite and the Fed's communication strategy. For now, the cryptocurrency faces a critical test of its $100,000 support level, with outcomes likely to shape its trajectory through the end of 2025.