{"id":14615,"date":"2025-10-29T05:53:03","date_gmt":"2025-10-29T05:53:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-prices-today-oct-29-btc-eth-bnb-xrp-hold-steady-as-market-awaits-fed-decision\/"},"modified":"2025-10-29T05:53:07","modified_gmt":"2025-10-29T05:53:07","slug":"crypto-prices-today-oct-29-btc-eth-bnb-xrp-hold-steady-as-market-awaits-fed-decision","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-prices-today-oct-29-btc-eth-bnb-xrp-hold-steady-as-market-awaits-fed-decision\/","title":{"rendered":"Crypto prices today (Oct. 29): BTC, ETH, BNB, XRP hold steady as market awaits Fed decision"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Crypto prices today are drifting lower ahead of the U.S. Federal Reserve\u2019s policy update.\u00a0<\/p>\n<div id=\"cn-block-summary-block_1107691e5dc7ceb1d6efe7cdd4207842\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Crypto market cap slips 1.5% to $3.88T as BTC trades near $113,000.<\/li>\n<li>Traders anticipate a 0.25% rate cut, with volatility expected post-meeting.<\/li>\n<li>Spot BTC and ETH ETFs post strong inflows, showing steady institutional demand.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The total market capitalization has slipped 1.5% to $3.88 trillion, with most major tokens posting slight losses. At press time, Bitcoin trades at $112,831, down 1% in the past 24 hours, while Ethereum changes hands at $4,016, a 2% drop. BNB is down 2.9% to $1,102, and XRP trades at $2.62, easing 0.4%.<\/p>\n<p>Market data indicates a slight decline in risk tolerance. At 51, the Crypto Fear &amp; Greed Index has hardly changed from the previous day, indicating a wait-and-see mood rather than panic. According to CoinGlass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\" target=\"_blank\" rel=\"nofollow\">data<\/a>, open interest across major exchanges has dipped 1.34% to $163 billion, while total liquidations rose to $521 million, mostly from overextended long positions.<\/p>\n<h2 class=\"wp-block-heading\">Fed rate decision in focus<\/h2>\n<p>All eyes now turn to Washington, where the Federal Open Market Committee is expected to announce its decision later today. Futures imply a 97% chance of a 0.25% rate cut, as per CME FedWatch. Softer inflation data from Oct. 24 has strengthened expectations that the Fed will continue easing into 2025. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Still, investors remain cautious after hawkish notes from the previous meeting, prompting profit-taking and a quiet trading tone. \u201cFOMC Day jitters\u201d is how one trader described it on X. Bitcoin\u2019s tight range near $113,000 reflects that hesitation, with volatility likely to spike once the Fed statement hits at 2:00 PM ET, followed by Chair Jerome Powell\u2019s press conference half an hour later.<\/p>\n<h2 class=\"wp-block-heading\">ETF inflows boost sentiment<\/h2>\n<p>Meanwhile, institutional <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/m.sosovalue.com\/assets\/etf\/us-btc-spot\" target=\"_blank\" rel=\"nofollow\">inflows<\/a> continue to offer a counterweight to the macro nerves. U.S. spot Bitcoin exchange-traded funds drew $202 million in net inflows on Oct. 28, and Ethereum funds added $246 million` This shows steady interest from professional investors despite the subdued trading tone.<\/p>\n<p>The next move likely hinges on the Fed\u2019s tone whether it leans toward more easing or keeps a firmer hand on rates. Rate cuts historically fuel crypto rallies. A dovish tone could push BTC toward $115,000-$118,000 area. Anything less might lead to a retest of the $108,000 support.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto prices today are drifting lower ahead of the U.S. Federal Reserve\u2019s policy update.\u00a0 Summary Crypto market cap slips 1.5% to $3.88T as BTC trades near $113,000. Traders anticipate a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14615"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14615\/revisions"}],"predecessor-version":[{"id":14616,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14615\/revisions\/14616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11194"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}