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Crypto News Today, October 29: Bitcoin Price to Pump with FOMC Meeting Prediction at 25 bps Rate Cut | Crypto Is Back?
Yahoo Finance· 2025-10-29 17:06
It’s a busy start to the week for crypto today, with Bitcoin quietly heating up just as markets brace for the news on the upcoming FOMC meeting. Most traders are betting on a 25 bps rate cut, and that tiny policy tweak could end up lighting a serious spark across crypto. Right now, the prediction on bitcoin price floating around hopes that if Jerome Powell hints at easier conditions ahead, Bitcoin could finally push into a new zone of strength. Bitcoin sits at above $113,000, still down about 0.7% since y ...