{"id":507946,"date":"2025-11-01T07:20:38","date_gmt":"2025-11-01T07:20:38","guid":{"rendered":"https:\/\/Blockchain.News\/news\/bitcoin-btc-steady-tech-earnings-fed-speculations"},"modified":"2025-11-01T07:20:38","modified_gmt":"2025-11-01T07:20:38","slug":"bitcoin-btc-holds-steady-amid-tech-earnings-and-fed-speculations","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/11\/01\/bitcoin-btc-holds-steady-amid-tech-earnings-and-fed-speculations\/","title":{"rendered":"Bitcoin (BTC) Holds Steady Amid Tech Earnings and Fed Speculations"},"content":{"rendered":"
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Darius Baruo<\/a> Nov 01, 2025 07:20<\/span> <\/p>\n

Bitcoin remains near $109,000 as tech earnings boost Wall Street, while traders reassess Fed rate cut expectations, affecting crypto market dynamics.<\/p>\n

\"Bitcoin <\/a> <\/figure>\n

Bitcoin (BTC) maintained its position near the $109,000 mark as the Asia-Pacific markets opened with a positive outlook, supported by encouraging tech earnings, according to CryptoNews<\/a>. This development comes amid a week of volatility in the digital asset sector, influenced by Federal Reserve comments that have tempered expectations for imminent rate cuts.<\/p>\n

Asia-Pacific Markets and Tech Optimism<\/h2>\n

Japan spearheaded the regional gains, with the Nikkei 225 climbing over 1% to reach a new record, and the Topix rising by 0.79%. These increases followed signals of easing tensions between the US and China after high-level discussions. South Korea also saw positive movement, with the Kospi increasing by 0.22% and the Kosdaq by 0.47%.<\/p>\n

Tech Giants Influence Wall Street<\/h2>\n

Wall Street futures experienced a boost from robust earnings reports by Amazon and Apple. Amazon’s earnings led to a 13% surge in its shares, adding over $300 billion in market value, while Apple saw a 2.3% increase following optimistic iPhone sales forecasts. However, the tech sector remains under pressure due to concerns over rapid AI investments, particularly from companies like Meta and Microsoft.<\/p>\n

Despite these gains, the overall sentiment was subdued by the Federal Reserve’s hawkish outlook, which dampened expectations for rate cuts in December. The Nasdaq futures rose by 1.2%, and S&P 500 futures climbed by 0.6% in response to these mixed signals.<\/p>\n

Crypto Market Dynamics<\/h2>\n

The crypto market reflected cautious investor sentiment, with US Bitcoin spot ETFs witnessing a net outflow of $488 million on October 30. Ethereum spot ETFs also saw a net outflow of $184 million. Conversely, Solana spot ETFs attracted a net inflow of $37.33 million, marking a three-day streak of positive inflows.<\/p>\n

This cautious approach by traders was further influenced by Fed Chair Jerome Powell\u2019s remarks, which prompted a reevaluation of the timeline for potential rate cuts. As a result, the crypto sector experienced a 2.37% decline over a 24-hour period, with open interest in derivatives falling by nearly 5% and funding rates turning negative, indicating increased short positions.<\/p>\n

Future Projections<\/h2>\n

Analysts, including Riya Sehgal from Delta Exchange, suggest that the upcoming US jobs report on November 1st could serve as a critical indicator for market movements. A strong labor report might exacerbate the sell-off, whereas signs of economic cooling could provide a temporary boost to the crypto market.<\/p>\n

With ETF outflows persisting and Bitcoin facing resistance, its trading range is likely to remain between $107,000 and $113,000 until clearer economic signals emerge.<\/p>\n

Image source: Shutterstock<\/i><\/span> Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Darius Baruo Nov 01, 2025 07:20 Bitcoin remains near $109,000 as tech earnings boost Wall Street, while traders reassess Fed rate cut expectations, affecting crypto market dynamics. Bitcoin (BTC) maintained its position near the $109,000 mark as the Asia-Pacific markets opened with a positive outlook, supported by encouraging tech earnings, according to CryptoNews. This development […]<\/p>\n","protected":false},"author":1,"featured_media":507947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,12],"tags":[31,194,25,22300],"class_list":{"0":"post-507946","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-blockchain","9":"tag-bitcoin","10":"tag-cryptocurrency","11":"tag-news","12":"tag-tech-earnings"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/507946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=507946"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/507946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/507947"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=507946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=507946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=507946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}