Bitcoin At $113,000 As Jerome Powell Faces Crucial Decision At Fed Meeting
Posted On October 29, 2025
Bitcoin (CRYPTO: BTC) is trading around $113,000 ahead of Wednesday’s Federal Reserve meeting, with traders watching whether the Fed’s stance on quantitative tightening (QT) or rate cuts will shape the next leg of the crypto rally.
What Happened: In his latest podcast, analyst Benjamin Cowen said the Fed’s QT decision could have a far greater impact on Bitcoin than the widely expected 25-basis points rate cut.
Continuing QT, he argued, would likely support Bitcoin dominance, while ending it might spark …
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