Bitcoin Ready for 'Big Moves' on 91% Chance of Fed Rate Cut: Crypto Daybook Americas
By Omkar Godbole and Oliver Knight, Edited by Aoyon Ashraf
October 10, 2025, 11:15 a.m. - Bitcoin's volatility is expected to "breakout" today as the market anticipates a potential Federal Reserve rate cut, with a 91% chance of such an event occurring.
According to data from Crypto Daybook Americas, the price of bitcoin (BTC) has been steadily increasing over the past few days, reaching $121,980.57 at the time of writing. This surge in value is largely attributed to market expectations of a rate cut by the Federal Reserve, which could lead to increased liquidity and investment in cryptocurrencies.
"We're seeing a perfect storm of factors coming together that are driving up the price of bitcoin," said Alex Krüger, a well-known cryptocurrency analyst. "The anticipation of a Fed rate cut is creating a sense of urgency among investors, who are looking for safe-haven assets like bitcoin to park their money."
Krüger's comments were echoed by other market analysts, who pointed out that the current economic climate is ripe for a rate cut. "The global economy is slowing down, and central banks around the world are responding by cutting interest rates," said Krüger. "This creates an environment where investors are looking for alternative assets to traditional currencies."
In addition to bitcoin, other cryptocurrencies such as Ethereum (ETH) and Binance Coin (BNB) also saw significant gains overnight, with prices reaching $4,363.98 and $1,268.81 respectively.
The market's focus on a potential rate cut is not new, but the current level of anticipation has reached unprecedented levels. "We've never seen a 91% chance of a Fed rate cut before," said Krüger. "This is a clear indication that investors are expecting something big to happen in the coming days."
The implications of a rate cut on the cryptocurrency market are significant, with many analysts predicting a surge in investment and trading activity. "A rate cut would inject liquidity into the system, making it easier for people to buy and sell cryptocurrencies," said Krüger.
However, not all experts agree that a rate cut is imminent. "While there's certainly a lot of speculation about a rate cut, we need to see concrete evidence before making any conclusions," said Dr. Lisa Singh, an economist at the University of California.
As the market continues to anticipate a potential rate cut, investors are advised to remain cautious and do their due diligence before making any investment decisions. "The cryptocurrency market is known for its volatility, and a rate cut could lead to both gains and losses depending on individual circumstances," said Krüger.
In conclusion, the cryptocurrency market is bracing itself for what many expect to be a significant event in the coming days. With a 91% chance of a Fed rate cut, investors are advised to stay vigilant and keep a close eye on developments as they unfold.
Current Status:
Bitcoin (BTC) price: $121,980.57
Ethereum (ETH) price: $4,363.98
Binance Coin (BNB) price: $1,268.81
Next Developments:
The Federal Reserve is set to announce its decision on interest rates later today.
Investors are advised to remain cautious and do their due diligence before making any investment decisions.
This article was written by Omkar Godbole and Oliver Knight, edited by Aoyon Ashraf.
*Reporting by Coindesk.*
