BiyaPay Analyst: Fed Rate Cut Triggers Bitcoin Pullback, Escalates Market Fear Sentiment
BlockBeats News, October 30th, according to Alternative data, today's cryptocurrency Fear and Greed Index is 34, indicating a "Fear" state of the market. The Federal Reserve cut interest rates by 25 basis points on October 30th, entering a new round of easing. However, the market reaction was unexpected, as Bitcoin fell instead of rising, mainly due to market doubts about Powell's "cautious easing" stance and concerns about global economic growth.
The market had already priced in the rate cut expectations, leading to a classic "buy the rumor, sell the news" scenario. Furthermore, Bitcoin's leverage scale is close to $40 billion, and any small movement could be magnified, causing significant price fluctuations.
BiyaPay analysts pointed out that although there is short-term downward pressure in the market, in the long run, ETF funds continue to flow in and institutional demand for crypto assets remains strong. BiyaPay supports USDT trading for US stocks, Hong Kong stocks, futures, and provides zero fee trading for digital currency spot contracts. As market sentiment gradually stabilizes, investors can seize future opportunities for an uptrend through the BiyaPay platform and enjoy a convenient digital asset management experience.
You may also like

TRON Industry Weekly Report: Non-Farm Payrolls "Surprise" Triggers Stagflation Concerns, Comprehensive Analysis of the Strategy Engine Bitway for Converting On-Chain Assets into Sustainable Income

WEEX Trade to Earn: Trade More, Earn More with Instant WXT Rebates
Join WEEX Trade to Earn event from March 9–31, 2026. Earn instant WXT rebates on every trade, invite friends for bonuses, and climb the leaderboard. Register now!

Key Market Information Discrepancy on March 9th - A Must-Read! | Alpha Morning Report

Claude skill documentation spam, Polymarket trading volume surpasses Kalshi, what is the English community talking about today?

Gulf Oil Crisis is Here

Oil Surges, What's the Next Target?

ETHDenver 2026 Observation: Side Events Cut in Half, AI Explosion, Builders Seeking New Paradigms

Crypto ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $568 million; the net inflow for Ethereum spot ETFs in the U.S. was $23.5 million

WEEX x LALIGA: The Partnership Bringing Crypto and Spanish Football Together
WEEX becomes official crypto exchange partner of LALIGA in Hong Kong and Taiwan. Discover how football and trading share values of discipline, strategy, and excellence.

WEEX x LALIGA Partnership: Where Crypto Trading Meets Elite Football
Discover the WEEX LALIGA partnership—where crypto exchange meets elite football. Follow LALIGA matches, updates, and trading insights for the 2025-26 season.

The craziest Ethereum L2: L2 built by AI agents spontaneously organizing

Pantera Capital: How has Crypto as a Service affected us?

Pantera Capital: What changes have we made when crypto is treated as a service?

Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious

Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?

CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX

a16z: The Real Opportunity of Stablecoins Lies Not in Disruption but in Filling Gaps

Mining Exodus: Someone Holds $12.8 Billion AI Order
TRON Industry Weekly Report: Non-Farm Payrolls "Surprise" Triggers Stagflation Concerns, Comprehensive Analysis of the Strategy Engine Bitway for Converting On-Chain Assets into Sustainable Income
WEEX Trade to Earn: Trade More, Earn More with Instant WXT Rebates
Join WEEX Trade to Earn event from March 9–31, 2026. Earn instant WXT rebates on every trade, invite friends for bonuses, and climb the leaderboard. Register now!