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Showing posts with the label price decline

Bitcoin Tumbles Below $111K After FOMC Interest Rate Cut As Powell Signals December Move ‘Far From’ Certain

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The Bitcoin price tumbled 2% in the past 24 hours to trade at $111,230 as of 3:36 a.m. EST on trading volume that jumped 9% to $73.6 billion. The BTC drop came as the crypto market turned sharply lower on Tuesday after Federal Reserve Chair Jerome Powell said another interest rate cut in December is far from certain. Powell: A December rate cut is "far from" a foregone conclusion Markets did NOT like that pic.twitter.com/EjrmJIAqLG — Morning Brew ☕️ (@MorningBrew) October 29, 2025 Speaking after the October Federal Open Market Committee (FOMC) meeting, which cut rates by 25 basis points, Powell said the US labor market is weakening while inflation remains “somewhat elevated.” He added that higher tariffs are adding to price pressures, which in turn creates a tricky balance for the central bank. The Fed decided to end its balance-sheet runoff starting December 1, saying reserves have reached levels consistent with ample liquidity, signaling that qu...

Is Shiba Inu On The Brink Of Its Death? Market Forces Say Yes, But…

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Shiba Inu has lately been experiencing significant price turbulence and delays. The token has experienced a sharp 90% price plunge since 2021, illustrating a significant decline in both price and value. Despite the token’s slowing momentum and pace, the Shiba Inu community continues to pitch in, spearheading tasks that keep Shiba Inu thriving. With a SHIB army backing the Shiba Inu ecosystem, the token is certainly far from dead. Here are two leading solutions that prove Shiba Inu may end up surprising its investors in the long run. Also Read: SHIB Army Backs Hoichi Bridge Launch: SHIB Eyes 160% Rally to $0.0000323 Two Reasons Explaining Why SHIB Is Far From Dead Source: Shib Army News 1. Strong Community Support Shiba Inu has long boasted strong community support, a force that the crypto market is truly afraid of. The Shib army has, from time to time, stepped in on multiple occasions to bolster SHIB momentum, be it through performing impromptu SHIB burns or driving liquidity through m...

The Hard Truth: Shiba Inu May Slump Longer Than Expected

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Shiba Inu (SHIB) is an extremely popular cryptocurrency. One of the primary reasons for SHIB’s incredible popularity is its massive 2021 rally. SHIB’s price took off by many million percent during the 2021 bull run. Early investors made massive returns with minimal investments. New players in the crypto sector flocked to the project to make big money. While early players got big returns, people who entered at the top are still in losses. SHIB fans and investors are hopeful that the asset will reclaim its 2021 momentum. But this may be more difficult than many imagine. Why Shiba Inu May Not Recover Its 2021 Momentum Source: CoinGape One of the most significant catalysts for SHIB’s 2021 rally was Vitalik Buterin’s token burn. The Ethereum co-founder received half of SHIB’s entire supply upon launch. Buterin decided to burn 90% of the tokens he received. His actions led to a substantial supply dip and a massive price spike. There are still about 589 trillion S...