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Powell's Hawkish Remarks Send Bitcoin Below $110,000, Ethereum Below $3,900

By: theblockbeats.news|2025/10/29 18:47:57

BlockBeats News, October 30th, according to HTX market information, Powell's hawkish remarks caused Bitcoin to drop below $110,000 and Ethereum to drop below $3,900.

Federal Reserve Chairman Powell stated that another rate cut in December is far from a done deal, with significant divisions at the meeting on how to proceed with policy.

Ethereum Surges Past $4000, 24-hour Decrease Narrows to 3.2%

Powell: Interest Rates Now Within Range of Many Neutral Rate Estimates