Bearish
BTC Price Drops After Brief Rally as JPMorgan Warns of Stock Market Crash - Crypto Market Analysis
09.10.2025 15:21
BTC and the broader cryptocurrency market declined on Thursday, erasing Wednesday's gains despite Federal Reserve minutes indicating potential rate cuts. The CoinDesk 20 Index fell over 1% to 4,163 points amid dollar strength and ongoing U.S. government shutdown concerns. JPMorgan CEO Jamie Dimon expressed significant worries about potential stock market declines in coming months. Meanwhile, Solana's Helius plans to acquire 5% of SOL supply, Coinbase launched DEX trading for U.S. users, and Polymarket teased its native POLY token. Key events to watch include Fed Chair Powell's speech and various crypto project updates.
Keywords: bitcoin, BTC, cryptocurrency, stock market, JPMorgan, Federal Reserve, Solana, SOL, Coinbase, Polymarket, POLY, dollar index, economy