Overview
- Bitcoin rebounded to roughly $109,000 on Friday but still logged a monthly decline, breaking its long-running October streak.
- Ethereum underperformed Bitcoin for the month, falling about 10% to roughly $3,800–$3,900.
- Spot Bitcoin and Ethereum ETFs saw about $600 million in weekly outflows, reflecting reduced risk tolerance among investors.
- The Federal Reserve cut rates by 25 basis points, and Chair Jerome Powell signaled a guarded outlook that tempered expectations for additional 2025 cuts.
- October’s volatility featured the largest crypto liquidation on record, with more than $19 billion in positions wiped out as the market sank following President Donald Trump’s 100% China tariff threat.