logo

10x Research: Market Turns Cautious on Fed's Future Rate Cut Expectation, Risk Asset Demand Suppressed

By: theblockbeats.news|2025/11/02 10:15:55

BlockBeats News, November 2nd, 10x Research published an article stating, "Bitcoin (BTC is currently below the 7-day moving average: bearish, below the 30-day moving average: bearish, with a +1.8% price increase over the past week) fell after a speech by a Federal Reserve official, as the market became more cautious about future rate cuts, suppressing demand for risk assets.


MicroStrategy reported its quarterly earnings, benefiting from its Bitcoin holdings, further strengthening institutional demand. The advancement of U.S. crypto legislation and ETF applications continues to support long-term bullish sentiment for Bitcoin.


In the macro environment and the power play of institutional funds, BTC fluctuates around $110,000, with price movement clearly influenced by policy and capital flows."

PlanB: Bitcoin Monthly RSI is 66, Showing Robust Upward Momentum
Iran has become the world's fourth-largest cryptocurrency mining hub.

You may also like

Share
copy

Gainers

Latest Crypto News

01:45

Telegram Founder: Decentralized Secure Computation Network Cocoon is Now Live

01:45

A Whale Doubles Down on Short Position of Over 6300 ETH, Realizing a Floating Profit of $1 Million in Just 1 Hour

01:45

Kalshi Faces Class Action Lawsuit, Accused of Conducting Sports Betting Operations Without a License

01:45

Prediction: The first spot LINK ETF will be launched this week

01:45

Analysis: The "1011" clearing event and the increasingly challenging macro environment have been the main drivers of the recent downturn.

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com