Bitcoin News Today: Fed Rate Cut Looms as Bitcoin Nears $115k, Analysts Split on 2025 Targets

Generated by AI AgentCoin WorldReviewed byAInvest News Editorial Team
Wednesday, Oct 29, 2025 1:05 pm ET1min read
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- Bitcoin nears $115,000 as Fed’s October 29 rate cut looms, with analysts split on 2025–2026 price targets up to $500,000.

- Miners stabilize reserves amid rising hashprice and on-chain activity, easing sell-off risks post-halving and boosting cautious bullish sentiment.

- Chainlink (LINK) sees $188M in withdrawals from Binance, with 98.9% holder accumulation ratio signaling long-term investor confidence.

- Ethereum consolidates as Bitcoin’s $115k breakout potential and Fed policy remain key drivers for broader crypto market direction.

Bitcoin hovers near $115,000 as Fed rate cut looms and miners stabilize reserves, while

Chainlink
sees large-scale accumulation from major holders, according to a
TradingView report
. Analysts remain divided on Bitcoin's long-term trajectory, with forecasts ranging from $200,000 by 2025 to $500,000 in 2026, though skepticism persists amid macroeconomic uncertainties, as noted in a
Crypto.news analysis
. The U.S. Federal Reserve's October 29 meeting, widely anticipated to deliver a 0.25% rate cut, could inject fresh liquidity into risk assets, potentially boosting Bitcoin's price amid global monetary easing, the report said.

Bitcoin's technical outlook hinges on its ability to break above the $115,000 resistance level, currently aligned with its 100-day moving average. A sustained close above this threshold could target $120,000–$122,000, while a drop below $110,000 risks reigniting miner sell-offs and macro-driven declines, the Crypto.news analysis added. Miner profitability has improved as hashprice metrics rise and on-chain activity grows, easing structural selling pressure that plagued the post-halving period. This stabilization has shifted market sentiment to cautiously bullish, with traders monitoring ETF flows and liquidity conditions ahead of the Fed's decision.

Meanwhile, Chainlink (LINK) has attracted significant attention as large investors accumulate the token. On-chain data reveals over $188 million in LINK withdrawals from Binance since October 11, with major holders moving tokens to cold storage, signaling long-term confidence, according to a

Yahoo Finance report
. The Holder Accumulation Ratio for LINK has surged to 98.9%, indicating nearly universal buying pressure among active wallets. At $18.56, LINK trades near its 20-day simple moving average, with a potential breakout above $21.45 seen as a catalyst for a move toward $22–$24. Analysts like trader Don have highlighted a bullish flag pattern since August, projecting a possible $35 target for LINK in 2025, the report noted.

Ethereum (ETH) and other major coins remain in consolidation phases, with no immediate catalysts driving sharp movements. However, Bitcoin's performance will likely set the tone for broader crypto markets, particularly as institutional adoption and macroeconomic factors continue to intertwine.