Bearish
Bitcoin Price Drops to $109K Amid Fading U.S. ETF Demand and Powell's Hawkish Stance
31.10.2025 05:18
Bitcoin faces significant selling pressure, with its price declining to $109,000. This downturn is primarily driven by weakening demand for U.S. Bitcoin ETFs and Federal Reserve Chair Jerome Powell's hawkish monetary policy comments, which are negatively impacting risk assets across financial markets.
Keywords: bitcoin, BTC, bitcoin price, ETF, ETF demand, Federal Reserve, Jerome Powell, hawkish policy, risk assets, financial markets, price decline