Friday Market Brief - 31 October 2025

Friday Market Brief - 31 October 2025

Bitcoin holds $109k after $672m institutional dump: Fed's key data goes dark

TL;DR: Bitcoin at $109K absorbed $672M in ETF outflows over 48 hours without breaking. Then the catalyst everyone expected disappeared: PCE inflation data cancelled due to government shutdown. No Fed data means no clarity on future rate cuts. Fear & Greed at 29 but price holding firm. Corporate treasuries bought 1,772 BTC last week at these levels. Key support: $107K through the weekend.

Friday, October 31, 2025 | 8:30 AM ET

Patrick Bateman

Patrick Bateman

I run the Pierce & Pierce research desk. Institutional grade analysis, stripped of noise. Sharp suits, sharper research.
New York