Will the Fed Cut Rates at FOMC This Week? BTC USD Price Pushes High as Bull Event Looms

Bitcoin is on the rise, currently trading above $114,000 and showing signs of a strong recovery. If it can break through the $115,500 resistance, we could see even more upward momentum. This is significant as it indicates growing confidence among investors and could lead to increased trading activity, making it an exciting time for cryptocurrency enthusiasts.

The XRP/BTC monthly chart has broken a six-year trendline, signaling a potential shift in the cryptocurrency market. An analyst known as X Finance Bull believes this breakout could lead to XRP outperforming Bitcoin, marking a significant moment for investors. The retest of the trendline as support suggests a buildup of momentum for XRP, which could reshape the dynamics between these two major cryptocurrencies. This development is crucial as it may influence trading strategies and investor confidence in the evolving crypto landscape.

SpaceX recently transferred 1,215 BTC, valued at approximately $133 million, into new wallet addresses, as reported by blockchain trackers. This move, flagged by analytics firms on October 24, 2025, has raised eyebrows due to the lack of explanation from the company. While the significance of this transfer remains unclear, it highlights the ongoing interest and activity in the cryptocurrency space, particularly from major players like SpaceX.

Last week was eventful for global crypto markets, marked by significant political and corporate developments. Notably, Trump appointed a new chief for the CFTC, which could influence regulatory approaches to cryptocurrencies. Additionally, SpaceX made headlines by moving $133 million in Bitcoin, showcasing the growing intersection of traditional business and digital currencies. These events highlight the evolving landscape of the crypto industry and its increasing relevance in both politics and commerce.

Major cryptocurrencies like Bitcoin and XRP are experiencing a surge as investors anticipate significant decisions from the Federal Reserve and the Bank of Japan this week. This uptick is crucial as it reflects growing confidence in the market, especially with the earnings reports from the influential Mag 7 stocks on the horizon. The potential for a rate cut could further boost investor sentiment, making this a pivotal moment for both cryptocurrencies and the broader financial landscape.

Bitcoin has shown resilience in October, bouncing back to hold above $111,000 after reaching an all-time high of $126,198 earlier this month. This surge is attributed to growing institutional interest and a weakening dollar, which has fueled demand for Bitcoin ETFs. The current price action indicates a potential retest of the $115,000 mark, reflecting the ongoing bullish sentiment in the market. This matters because it highlights the increasing acceptance of cryptocurrencies and their potential as a stable investment option.

This week in the Asian crypto scene, WazirX has resumed operations, signaling a positive shift in the market. As Asian exchanges push back against Bitcoin hoarding, the region is witnessing a significant transformation in its crypto landscape. With clearer policy frameworks in place, adoption rates have soared since 2025, marking a pivotal moment for the industry. This matters because it highlights the growing acceptance and integration of cryptocurrency in Asia, potentially influencing global trends.

Bitcoin is on the rise, approaching $113,000 as the week closes, driven by strong bullish sentiment and a significant likelihood of interest rate cuts from the Federal Reserve. This surge is important as it reflects growing confidence in the cryptocurrency market, potentially attracting more investors and influencing broader economic trends.

Kyrgyzstan has made significant strides in the cryptocurrency space by launching its own stablecoin and establishing a crypto reserve, alongside finalizing the deployment of its Central Bank Digital Currency (CBDC). This move is crucial as it positions Kyrgyzstan as a forward-thinking nation in the digital economy, potentially attracting investments and enhancing financial inclusion for its citizens.

Adam Livingston suggests that Bitcoin is poised for a significant surge as bank reserves approach a critical level. This insight is crucial as it highlights the potential for Bitcoin to thrive in uncertain economic conditions, attracting both investors and those looking for alternative assets. The implications of such a surge could reshape market dynamics and provide a hedge against traditional banking vulnerabilities.

Bitcoin is on the rise, currently trading above $114,000 and showing signs of a strong recovery. If it can break through the $115,500 resistance, we could see even more upward momentum. This is significant as it indicates growing confidence among investors and could lead to increased trading activity, making it an exciting time for cryptocurrency enthusiasts.

Robert Kiyosaki, the well-known author and entrepreneur, has made a bold prediction that Ethereum could reach $4,000, positioning it as the next Bitcoin before a significant surge. This insight is crucial for investors as it highlights the potential of Ethereum in the cryptocurrency market, suggesting that it may soon experience explosive growth similar to Bitcoin's past performance. Kiyosaki's endorsement could influence many to consider Ethereum as a viable investment option.

The recent bankruptcy of Iran's Ayandeh Bank, which has left 42 million customers in turmoil, highlights the severe financial instability in the country. With losses and debts totaling around $8 billion, the dissolution of this major private bank has resulted in customer assets being transferred to the state-owned Bank Melli. This situation not only affects individual customers but also raises concerns about the broader economic implications for Iran, making it a significant event to watch.

According to NYDIG's Greg Cipolaro, Bitcoin may not serve as a reliable hedge against inflation, but it has developed into a useful indicator of liquidity in the market. This insight is significant as it shifts the perception of Bitcoin's role in the financial landscape, especially during times of economic uncertainty when the dollar's stability is questioned.