The 24-hour summary of the digital financial market and Bitcoin (as of the morning of October 29, 2025) shows some notable movements and events, especially in the context of waiting for the US Federal Reserve (Fed) meeting later in the day:
Bitcoin and Cryptocurrency Market: General Trend: The cryptocurrency market has been on a slight downward trend in the past 24 hours (as of the morning of October 29, 2025). Bitcoin Price (BTC): Bitcoin price has recorded a slight decline in the early hours of October 29 (according to trading data). It is necessary to closely monitor the price movements as the market is quite volatile after a period of strong volatility in October. Note: In the previous days (October 26-27), BTC has been on an upward trend and has held steady around the $112,000 - $114,000 range after a strong recovery. However, this rally may be slowing down or correcting. Altcoins: Other major Altcoins (such as Ethereum, BNB, Solana, XRP) also tend to correct with Bitcoin in the general market context. Market sentiment: The market is paying close attention to the Fed meeting on October 29, where experts predict the possibility of the Fed cutting interest rates by 0.25 percentage points. This move is expected to create more positive momentum for the risk asset market, including cryptocurrencies, if it happens. #BitcoinMarketAnalysis #Sachtony
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The 24-hour summary of the digital financial market and Bitcoin (as of the morning of October 29, 2025) shows some notable movements and events, especially in the context of waiting for the US Federal Reserve (Fed) meeting later in the day:
Bitcoin and Cryptocurrency Market:
General Trend: The cryptocurrency market has been on a slight downward trend in the past 24 hours (as of the morning of October 29, 2025).
Bitcoin Price (BTC): Bitcoin price has recorded a slight decline in the early hours of October 29 (according to trading data). It is necessary to closely monitor the price movements as the market is quite volatile after a period of strong volatility in October.
Note: In the previous days (October 26-27), BTC has been on an upward trend and has held steady around the $112,000 - $114,000 range after a strong recovery. However, this rally may be slowing down or correcting.
Altcoins: Other major Altcoins (such as Ethereum, BNB, Solana, XRP) also tend to correct with Bitcoin in the general market context.
Market sentiment: The market is paying close attention to the Fed meeting on October 29, where experts predict the possibility of the Fed cutting interest rates by 0.25 percentage points. This move is expected to create more positive momentum for the risk asset market, including cryptocurrencies, if it happens.
#BitcoinMarketAnalysis #Sachtony