According to the source, today’s roundup flags multiple market-moving items across Fed policy, U.S. crypto legislation, Coinbase earnings, dYdX expansion, Ondo–Chainlink RWA, Standard Chartered’s tokenization forecast, JPMorgan tokenization, Ethereum onchain activity, and a TRUMP memecoin-related acquisition plan. To deliver a factual, trading-oriented brief with proper citations and actionable levels, please share the official primary sources for each claim so we can verify and quantify the crypto market impact. Items and primary sources needed for verification and trading analysis: • Fed rate cut, QT end, and T-bill reinvestment from Dec. 1: Source to cite: Federal Reserve FOMC statement, Implementation Note, and New York Fed Desk statement on SOMA reinvestments at federalreserve.gov and newyorkfed.org. • Bipartisan crypto market structure bill push during U.S. government shutdown: Source to cite: Congress.gov bill text, committee releases, and sponsoring senators’ official statements. • Coinbase Q3 $432.6M net income, volume, and stablecoin revenue surge: Source to cite: Coinbase Investor Relations Q3 shareholder letter, 10-Q/8-K filings at investor.coinbase.com and sec.gov. • dYdX plans U.S. expansion by 2026 and spot trading: Source to cite: dYdX Foundation or dYdX Trading Inc. official blog/press releases. • Ondo and Chainlink partnership for tokenized securities oracle: Source to cite: Ondo Finance newsroom and Chainlink blog/press center. • Standard Chartered RWA to $2T by 2028: Source to cite: Standard Chartered Research or official report download page at sc.com/research. • JPMorgan tokenized private equity fund on Kinexys with 2026 rollout: Source to cite: JPMorgan Onyx press releases or newsroom at jpmorgan.com/onyx. • Ethereum 1.6M+ daily transactions and ~$0.01 gas: Source to cite: Etherscan.io, Ultrasound.money, or Dune Analytics dashboards with time-stamped charts. • TRUMP memecoin issuer in talks to acquire Republic’s U.S. operations: Source to cite: Official statements from the memecoin issuer, Republic press releases, or regulatory filings. Once the above links are provided, we will produce a concise trading brief with exact figures, time stamps, on-chain metrics, potential flows, and scenario-based trade setups, including BTC and ETH directional risks, altcoin beta sensitivity, and RWA/tokenization beneficiaries.

According to @MI_Algos, the Federal Reserve delivered a second 25 bps rate cut that was fully priced, while Chair Powell guided markets not to expect a December cut but hinted at a potential pause to QT in December, a quiet liquidity tailwind that could support risk assets more than the cut itself (source: @MI_Algos). According to @MI_Algos, the lack of an immediate upside in BTC, ETH, and altcoins stems from the rate cut being anticipated and from Powell’s cautious outlook amid data constraints tied to a government shutdown, leaving traders to weigh liquidity versus uncertainty (source: @MI_Algos). According to @MI_Algos, post-meeting comments from Trump about a highly positive conversation with Xi buoyed sentiment, but the absence of a signed agreement and only a pause on China’s rare earth export limits leave conviction weak and keep tail risks like tariffs in play (source: @MI_Algos). According to @MI_Algos, near term BTC is expected to trade in a wide range as markets digest a likely no-cut December paired with a possible QT pause, favoring a headline-driven, conviction-light tape where savvy traders can fade intraday extremes (source: @MI_Algos). According to @MI_Algos, a key market tell is BTC dominance: if BTC.D rolls over while TOTAL3 rises, it signals rotation into select higher-beta alts; if BTC grinds sideways and dominance bleeds, the market may be saying rotate or go risk-off (source: @MI_Algos). According to @MI_Algos, if a December cut is truly off the table and China delays, the regime shifts to good news equals profit-taking and bad news equals bad news, increasing volatility as labor, inflation, and tariff data get overweighted into November (source: @MI_Algos).

According to Reuters Business, the Dow closed lower and the S&P 500 finished near flat after the Federal Reserve cut interest rates, while Chair Jerome Powell said another rate cut in December is far from assured (source: Reuters Business). For crypto traders, the pairing of an immediate cut with uncertainty over a December move is a macro catalyst to monitor for BTC and ETH alongside U.S. equities during the FOMC cycle (source: Reuters Business).

According to @KobeissiLetter, the Fed cut interest rates again, signaled an uncertain path ahead, and emphasized policy remains restrictive, while planning to end QT on December 1. According to @KobeissiLetter, the committee is divided and continued labor market weakness would force further rate cuts. According to @KobeissiLetter, earnings from Meta, Microsoft, and Alphabet saw mixed price reactions, yet each company plans to invest over 100 billion dollars in CapEx next year, anchoring the AI build-out. According to @KobeissiLetter, the setup of rate cuts, QT ending, record AI CapEx, stagflation risk, and a potential US China trade deal defines the current market backdrop and underscores the AI revolution. For traders, according to @KobeissiLetter, this mix favors AI exposed equities and can be supportive for liquidity sensitive crypto such as BTC and ETH if policy eases with QT ending, while near term volatility stays elevated around mega cap earnings and macro headlines.

According to @BullTheoryio, the U.S. Federal Reserve cut the policy rate by 25 basis points and the move is framed as long-term bullish for markets including crypto, source: @BullTheoryio on X on Oct 29, 2025. For trading, confirm the decision via the Federal Reserve’s official statement and press conference before positioning, then monitor BTC and ETH for potential risk-on follow-through tied to easier policy, source: @BullTheoryio on X and Federal Reserve Board official communications.

According to @santimentfeed, markets are pricing a 25 basis point Federal Reserve rate cut today, and traders will parse Chair Powell’s guidance on future easing and a possible end to quantitative tightening, which could catalyze a BTC rebound if dovish signals are confirmed, source: Santiment (Oct 29, 2025). Santiment reports the S&P 500 hit a new all‑time high on weak breadth with roughly 80% of stocks declining, Nvidia tagging $200, while BTC dipped ahead of the decision as whales accumulated, signaling confidence into the Fed event, source: Santiment (Oct 29, 2025). Santiment notes Monad’s MON airdrop reveal is driving heavy engagement, with varied allocations fueling volatility expectations among early participants and active traders seeking stake in the new network, source: Santiment (Oct 29, 2025). Santiment states Western Union will launch a dollar‑backed stablecoin USDPT on Solana in early 2026 to cut cross‑border costs, reflecting a shift from prior XRP testing and potentially accelerating mainstream stablecoin adoption on SOL, source: Santiment (Oct 29, 2025). Santiment highlights a Solana ETF launch in Hong Kong that is boosting trading interest in SOL, while BitcoinOS (BOS) listed across multiple major exchanges with incentives that are supporting liquidity and attention to Bitcoin scalability narratives, source: Santiment (Oct 29, 2025). Santiment adds traders are focused on liquidity conditions and technical setups for potential year‑end rallies across crypto, with macro, airdrop distributions, and new listings acting as near‑term catalysts, source: Santiment (Oct 29, 2025).

According to @ReutersBiz, tech stocks lifted global markets on optimism about a potential Nvidia breakthrough in China while investors weigh a likely Federal Reserve cut, with Microsoft, Alphabet, and Meta due to report. Source: Reuters Business Watchlist noted by @ReutersBiz: Nvidia’s potential China breakthrough, the likely Fed cut being weighed by markets, and upcoming earnings from Microsoft, Alphabet, and Meta that concentrate near term event risk for traders across risk assets including crypto. Source: Reuters Business

According to @QCPgroup, the Federal Reserve meets tonight with a 25bp rate cut expected as a U.S. government shutdown has halted key inflation and labor data, leaving Chair Powell flying blind. source: @QCPgroup With no fresh data, forward guidance is off the table for this meeting, meaning markets may get the rate decision without a clear policy outlook path. source: @QCPgroup

According to @business, Friday’s belated inflation reading cemented Wall Street bets that the Federal Reserve will cut rates at this week’s policy meeting. Source: Bloomberg (@business), Oct 27, 2025. @business also reports that the cost to hedge the 16 trillion S&P 500 rally has risen ahead of the Fed decision, indicating stronger demand for downside protection into the FOMC event window. Source: Bloomberg (@business), Oct 27, 2025. Given established spillovers from U.S. monetary policy to broader risk assets, traders should expect cross-asset volatility around the FOMC that can transmit to crypto markets. Source: International Monetary Fund, Global Financial Stability Report 2022; Bank for International Settlements, 2022 working paper on crypto prices and U.S. monetary policy news. Positioning in BTC and ETH is often sensitive to policy surprises, so monitoring implied volatility and liquidity conditions into and immediately after the decision is prudent. Source: Bank for International Settlements, 2022; International Monetary Fund, 2022.

According to @charliebilello, the S&P 500 finished the week at a new all-time high, the 34th record close of the year, highlighting easy financial conditions even as inflation rises; source: @charliebilello on X, Oct 26, 2025. According to @charliebilello, he expects the Federal Reserve to cut the Fed Funds Rate again this week to a 3.75-4.00% target range, positioning policy more dovish into the upcoming decision; source: @charliebilello on X, Oct 26, 2025. For crypto-focused portfolios, traders are likely to treat the FOMC decision as a key macro catalyst and monitor volatility in liquidity-sensitive assets like BTC and ETH around the announcement window; source: @charliebilello on X, Oct 26, 2025.

According to the source, Alice Liu, Head of Research at CoinMarketCap, said all eyes are on Jerome Powell’s first public appearance since the September rate cuts, with weaker U.S. job data and a looming government shutdown prompting markets to watch closely for hints of another cut (source: Alice Liu, CoinMarketCap).

According to @CNBC, Bank of America says five U.S. stocks still have room to run following the Federal Reserve’s latest interest-rate cut (source: @CNBC). According to @CNBC, the report highlights a post-cut upside setup for selected names and directs traders to the listed tickers and rationales for building watchlists and defining entries and risk levels (source: @CNBC).

According to the source, a 12-foot golden statue of Donald Trump holding a Bitcoin appeared outside the U.S. Capitol, described as funded by crypto investors, intended to provoke, and dividing opinion, and the post states it coincided with a Federal Reserve rate cut; no BTC price reaction or market impact data was provided in the source. Source: user-provided social media post dated Sep 19, 2025.

According to the source, BTC options markets show traders paying up for downside protection as put prices outpace calls while 30-day implied volatility sits near a two-year low, indicating elevated demand for hedges despite subdued vol (source: Deribit). This positioning contrasts with supportive macro tailwinds cited in the market, including a recent U.S. policy rate cut and the SEC’s accelerated handling of crypto ETF filings (sources: Federal Reserve; U.S. SEC). For execution, the rich put skew versus low overall IV favors cost-controlled structures such as bear put spreads or protective collars over outright long puts to mitigate theta and skew costs (source: Deribit). Near-term risk management should account for potential sharp moves where skew implies improved downside payoff asymmetry if BTC weakens, while low IV increases carry risk if spot remains stable (source: Deribit).

According to the source, Bitcoin could test 120,000 after a Federal Reserve rate cut, with traders potentially needing about one week to digest the impact, suggesting a near-term consolidation window before the next move. The source also reports that 92 percent expect another Fed cut in October, reinforcing a bullish bias for BTC and risk assets in the short term. For trade setup, the source’s guidance implies watching the 120,000 psychological level on upside breaks and managing risk during the one-week digestion period.

According to @godbole17, ETH showed no bullish progress following the Federal Reserve’s rate cut, which he characterized as a bad sign for bulls and near-term momentum. Source: @godbole17 on X, Sep 19, 2025.

According to @santimentfeed, the Federal Reserve officially lowered interest rates and traders largely got what they wanted, putting the focus on whether the move was already priced into BTC and broader crypto markets (source: @santimentfeed). According to @santimentfeed, analysis centers on potential further rate cuts and how the policy path could influence risk appetite and year-end sentiment across digital assets (source: @santimentfeed). According to @santimentfeed, heightened social buzz around Trump's Bitcoin statue is being assessed for its impact on market sentiment and positioning (source: @santimentfeed). According to @santimentfeed, traders should monitor post-FOMC price reaction, shifts in sentiment into year-end, and narrative-driven volatility that could affect BTC dominance (source: @santimentfeed).

According to @MilkRoadDaily, the Federal Reserve has cut rates and AI models characterize the policy stance as the most dovish since 2021 (source: @MilkRoadDaily). According to @MilkRoadDaily, leadership within crypto is concentrated in staking, AI tokens, NFTs, smart contracts, and meme coins, signaling a broad risk-on tone that could extend into Q4 (source: @MilkRoadDaily). Based on @MilkRoadDaily's assessment, traders can track momentum in those highlighted sectors and use BTC and ETH as liquidity and trend benchmarks when planning Q4 positioning (source: @MilkRoadDaily).

According to Michaël van de Poppe, the expected 25 bps Fed rate cut is already priced into Bitcoin (BTC) and altcoins, limiting immediate impact on crypto prices. He adds that Jerome Powell’s forward-looking guidance will be the key driver for market reaction and the next directional move. Source: Michaël van de Poppe (@CryptoMichNL) on X, Sep 17, 2025.

According to the source, Bitcoin traders are evaluating whether a potential Federal Reserve rate cut is already reflected in BTC price and positioning, and a practical way to validate this is to compare CME FedWatch implied probabilities with the latest FOMC statement and Summary of Economic Projections to see if the market implied path aligns with Fed guidance, source: CME Group and Board of Governors of the Federal Reserve System. Cross asset confirmation for a priced in cut includes a weaker US Dollar Index and lower US two year Treasury yields into and after the decision window, which are typical market responses to easier policy, source: ICE Data Indices for DXY and US Department of the Treasury and Federal Reserve Economic Data FRED for yields. Derivatives signals consistent with full pricing in include neutral to negative BTC perpetual funding rates, a compressed basis between spot and futures, and moderating open interest that together imply limited incremental long leverage, source: Glassnode, Deribit, and Chicago Mercantile Exchange. Spot demand checks should focus on daily creations or redemptions in US spot Bitcoin ETFs such as iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund to see if net inflows persist beyond rate expectations, source: iShares, Fidelity, and Cboe BZX Exchange issuer disclosures. Options markets that show lower implied volatility and a softening downside skew into the event with muted realized volatility after the announcement indicate expectations were embedded ahead of time, source: Deribit and Laevitas. If BTC underperforms high beta equities following a dovish outcome, that relative move can signal the rate cut was anticipated by crypto relative to stocks, source: S and P Dow Jones Indices and Nasdaq.