Crypto’s Next Rally on Hold as BoJ and Federal Reserve Stay Hawkish on December Outlook
Yahoo Finance·2025-10-31 19:17
Crypto’s next rally will have to fight its way through a wall of macro uncertainty. | Credit: Getty Images. Key Takeaways The cryptocurrency market experienced a sell-off following the Fed and BoJ rate cuts, driven by a hawkish projection. The Fed lowered its projection of rate cuts from four to two, leading to a sell-off in the crypto market. With November approaching, the crypto rally has become stagnant post mid-October flash crash. After weeks of anticipation, the crypto market’s long-awaited ...