Powell's hawkish remarks triggered the fall of both BTC and ETH, casting doubts on the prospects of a rate cut in December.

[Coin World] On October 30, Powell's hawkish remarks caused Bitcoin to fall below $110,000 and Ethereum to fall below $3,900. Fed Chairman Powell stated that a rate cut in December is far from a done deal, and there are serious differences on how to advance (policy) in the meeting.

BTC-3.86%
ETH-4.76%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MEVHuntervip
· 20h ago
Are we going long with a wave or are we trapped at the top? Waiting for flash loan opportunities.
View OriginalReply0
TopEscapeArtistvip
· 20h ago
buy the dip not pass the baton, early top not shout short
View OriginalReply0
RektRecordervip
· 20h ago
Suckers are on the move again.
View OriginalReply0
ConsensusBotvip
· 20h ago
Bao Pang wants everyone to die out.
View OriginalReply0
ForkPrincevip
· 20h ago
shorting God online
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)