Bitcoin (BTC) price traded near $109,000 on Oct. 23, recovering slightly after slipping nearly 6% from its Oct. 21 high near $114,000 even as traders positioned ahead of key macro events. The drop followed renewed risk-off sentiment across spot exchanges, with volumes tilting toward sell orders. At the same time, growing debate over quantum computing’s […]
The post Insider Shorts, Whale Dumping, and Quantum Threats: Tough Times for Bitcoin (BTC) Fans appeared first on CoinChapter.

Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
