Wednesday Market Brief - 29 October 2025

Bitcoin Holds $113K Before Fed Decision: Here's What Actually Matters Today

TL;DR: BTC at $113K, Fed cuts 25bps at 2pm ET (70% odds), ETF flows strong (+$442M/3 days). Altseason index stuck at 41. The next 6 hours decide if altcoins finally rotate or bleed into Q1.

Wednesday, October 29, 2025 | 9:00 AM ET

Bitcoin trades at $113,380 this morning - down 10% from its October 6th all-time high but holding above $110K before today's Fed decision at 2pm ET. The market expects a 25 basis point cut (taking rates from 4.25-4.50% down to 4.00-4.25%), but what matters more is what Jerome Powell says at 2:30pm about future cuts.

Here's what's actually moving prices right now and what to watch for the rest of the week.