{"id":14746,"date":"2025-10-30T08:40:06","date_gmt":"2025-10-30T08:40:06","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-prices-today-oct-30-btc-eth-xrp-sol-dip-as-fed-rate-cut-sparks-profit-taking\/"},"modified":"2025-10-30T08:40:13","modified_gmt":"2025-10-30T08:40:13","slug":"crypto-prices-today-oct-30-btc-eth-xrp-sol-dip-as-fed-rate-cut-sparks-profit-taking","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-prices-today-oct-30-btc-eth-xrp-sol-dip-as-fed-rate-cut-sparks-profit-taking\/","title":{"rendered":"Crypto prices today (Oct. 30): BTC, ETH, XRP, SOL dip as Fed rate cut sparks profit-taking"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The crypto market traded lower on Thursday, Oct. 30, with investors taking profits after the Federal Reserve\u2019s widely anticipated 25-basis-point rate cut.\u00a0<\/p>\n<div id=\"cn-block-summary-block_85e888c3b256c915a0465bb18ac027d6\" 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 prices today are on the decline, with the total market cap falling 1.5% after the Fed\u2019s rate cut.<\/li>\n<li>Powell\u2019s hawkish tone triggered \u201csell-the-news\u201d event with $812M in liquidations and weaker sentiment.<\/li>\n<li>DeFi Technologies\u2019 Andrew Forson said lower rates remain positive for crypto.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The total crypto market capitalization is down 1.5% to $3.9 trillion as traders reacted to Fed Chair Jerome Powell\u2019s cautious tone. Bitcoin fell 3.5% to $113,315, Ethereum declined 3.7% to $3,846, XRP dropped 4.1% to $2.51, and Solana slid 2.2% to $191 at press time.<\/p>\n<p>Market sentiment has shifted sharply, with the Crypto Fear &amp; Greed Index down 17 points to 34, marking a move from neutral to fear. CoinGlass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\" target=\"_blank\" rel=\"nofollow\">data<\/a> shows $812 million in liquidations over the past 24 hours, up 46% from the previous day, while open interest dropped 1.28% to $161 billion. The average relative strength index across top assets fell to 38, now in \u201cweak\u201d territory.<\/p>\n<h2 class=\"wp-block-heading\">Market turns risk-off after expected Fed rate cut<\/h2>\n<p>The Fed\u2019s Oct. 29 decision lowered the benchmark rate to a 3.75%\u20134.00% range, marking its second cut since September and the lowest level since 2022. While lower rates typically benefit risk assets, Powell\u2019s remarks dampened expectations for another cut in December, describing it as \u201cnot a foregone conclusion.\u201d<\/p>\n<p>Markets had priced in a 97% probability of the move, according to CME\u2019s FedWatch Tool, which left little room for surprise. The result was a classic \u201csell-the-news\u201d event, extending the October correction that began after the last Federal Open Market Committee meeting.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>In a commentary shared with crypto.news, Andrew Forson, President of DeFi Technologies (Nasdaq: DEFT), said the rate cut came at a sensitive time:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe Federal Reserve\u2019s rate cut was widely expected, though it comes at a unique moment without access to key data points like labor and inflation figures due to the government shutdown. Historically, lower rates have been supportive of digital assets, and we\u2019d expect that trend to continue.<\/em>\u201c<\/p>\n<\/blockquote>\n<p>Forson added that earnings season may shape short-term sentiment:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201c<em>Strong earnings could reinforce confidence in the recovery narrative, while softer results might highlight the uneven effects of current economic conditions. Overall, a lower-rate environment tends to be constructive for both equities and digital assets, and we view this backdrop as broadly positive for crypto as investors look toward alternative and growth-oriented assets.\u201d<\/em><\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">Geopolitical tension adds to volatility<\/h2>\n<p>Traders also weighed uncertainty after a meeting between President Trump and China\u2019s Xi Jinping ended without a joint statement, reviving concerns of renewed trade frictions. Earlier tariff threats in October erased nearly $500 billion from crypto\u2019s total market cap and led to over $19 billion in liquidations.<\/p>\n<p>Powell avoided direct comments on trade, though he warned tariffs could \u201cadd to inflationary pressures,\u201d complicating monetary policy in the months ahead.<\/p>\n<p>Analysts see room for both caution and opportunity. If December rate-cut odds fall below 50%, Bitcoin could revisit the $100,000\u2013$104,000 support zone. Others view the drop as a healthy reset following leveraged washout.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market traded lower on Thursday, Oct. 30, with investors taking profits after the Federal Reserve\u2019s widely anticipated 25-basis-point rate cut.\u00a0 Summary Crypto prices today are on the decline,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14746","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\/14746","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=14746"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14746\/revisions"}],"predecessor-version":[{"id":14747,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14746\/revisions\/14747"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11371"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}