• Wed. Nov 5th, 2025

$111k

  • Home
  • Crypto update: Bitcoin tumbles below $111K as Powell dashes December rate cut hopes

Crypto update: Bitcoin tumbles below $111K as Powell dashes December rate cut hopes

Bitcoin fell below $111,000 after Fed Chair Powell’s hawkish comments. Powell said a December interest rate cut is “not a foregone conclusion.” Major cryptocurrencies like Ethereum, XRP, and Solana also…

Bitcoin climbs to $111K as a pardon for Binance’s ‘CZ’ fuels a broad crypto rally

The crypto market is rallying, with Bitcoin climbing 2.7 percent to over $110,700. The rally was fueled by a presidential pardon for the Binance founder “CZ.” The pardon for Changpeng…