According to @business, US Treasuries ended the week essentially flat as bulls and bears fought to a draw, with conflicting private-sector labor data leaving expectations for a December Federal Reserve rate cut in limbo (source: Bloomberg). The absence of a clear policy signal kept the rates outlook uncertain, offering no fresh directional cue for rate-sensitive risk assets, including BTC and ETH (source: Bloomberg).

According to @CNBC, Goldman Sachs and Morgan Stanley warned that equities are vulnerable to a near-term market correction after a strong run, stating things run and then they pull back (source: CNBC). @CNBC reports the combined message from both banks points to pullback risk and near-term volatility across risk assets as positioning normalizes (source: CNBC). IMF research documents that crypto assets have shown stronger co-movement with equities during risk-off episodes, implying a stock market pullback has historically transmitted to digital assets as well (source: IMF Global Financial Stability Report 2022).

According to @Ashcryptoreal, the recent leverage wipeout and capitulation among panic sellers set up a potential Q4 liquidity rotation into Bitcoin (BTC) and altcoins, despite deep drawdowns across spot alts; the author reports personal spot alt positions down about 70% yet remains positioned for a rebound based on prior cycle behavior. Source: @Ashcryptoreal on X, Oct 31, 2025. According to @Ashcryptoreal, seven drivers behind the bullish thesis are leverage wiped out, panic sellers shaken out, a US-China trade deal, a recent Fed rate cut with one more expected in December, QT ending with QE starting in December, US stocks near all-time highs, and gold topping, all pointing to liquidity favoring risk assets like crypto. Source: @Ashcryptoreal on X, Oct 31, 2025. According to @Ashcryptoreal, historical patterns from the 2017 and 2021 altseasons show aggressive shakeouts before sharp rallies, and market tops typically form in extreme greed rather than the current extreme fear, supporting a constructive risk-reward for BTC and altcoins in the near term. Source: @Ashcryptoreal on X, Oct 31, 2025. According to @Ashcryptoreal, the author plans to hold current positions through the end of December 2025 and remains strongly bullish on Q4, framing the setup as a data-driven bet on a risk-on turn. Source: @Ashcryptoreal on X, Oct 31, 2025.

According to @BullTheoryio, the Federal Reserve cut the policy rate by 25 bps and signaled quantitative tightening will end on December 1, implying cheaper funding and an end to balance sheet runoff, which historically weighed on risk assets and crypto liquidity (source: @BullTheoryio). According to @BullTheoryio, Chair Powell framed the move as risk management and said the overall outlook has not materially changed since September, with firm employment and easing but above-target inflation (source: @BullTheoryio). According to @BullTheoryio, Powell stated no decision has been made about a December cut and noted strongly differing views within the committee, reducing odds of a near-term easing cycle acceleration (source: @BullTheoryio). According to @BullTheoryio, Powell added that higher tariffs are lifting some goods prices but likely temporarily, and policy remains modestly restrictive, indicating the Fed wants flexibility rather than a pre-committed cutting path (source: @BullTheoryio). According to @BullTheoryio, the Fed ending QT means the balance sheet will stop shrinking, bank reserves should stabilize, and credit conditions may loosen, a backdrop that typically improves liquidity for risk assets including BTC and altcoins (source: @BullTheoryio). According to @BullTheoryio, consumer spending is slowing—especially among lower-income households—and the Fed is monitoring AI-driven layoffs and data center investment, factors that can influence growth, inflation, and liquidity-sensitive assets (source: @BullTheoryio). According to @BullTheoryio, the key trading takeaway is that the tightening cycle appears over, liquidity is turning, and capital rotation could start favoring Bitcoin and altcoins as conditions stabilize, though the path may depend on December FOMC outcomes and incoming data (source: @BullTheoryio).

According to @KobeissiLetter, Fed Chair Jerome Powell said AI is different from the 2000 dot-com era and added there was a clear bubble back then. According to @KobeissiLetter, the update relayed this remark without additional policy or market guidance.

According to @KookCapitalLLC, Chair Powell conveyed that FOMC members disagree on the forward policy path with differing forecasts and expectations, elevating uncertainty that is bearish for risk assets, source: @KookCapitalLLC. The source adds that markets hate uncertainty and expects more choppy price action ahead, source: @KookCapitalLLC. For crypto traders, this uncertainty backdrop suggests heightened range-bound volatility and whipsaws in BTC and ETH as macro risk sentiment dominates, source: @KookCapitalLLC.

According to @KobeissiLetter, the S&P 500 has recorded four drawdowns of at least -20% over the last 10 years, the most on record (source: @KobeissiLetter). The source notes that comparable 10-year windows before 2020 typically saw only 1–2 such drawdowns, and there were none during the 7–10 year period ending in the late 1990s (source: @KobeissiLetter). @KobeissiLetter attributes the shift to markets becoming more reactive to headlines and macroeconomic changes, resulting in massive swings in asset prices and urging traders to capitalize on this volatility (source: @KobeissiLetter).

According to the source, the S&P 500 reportedly reached 6,900, a level that traders should confirm on the official S&P Dow Jones Indices feed before taking positions (source: S&P Dow Jones Indices). Confirmation can also be cross-checked using ES futures pricing and market depth from CME Group to validate the print and liquidity conditions (source: CME Group). For crypto exposure, monitor BTC and ETH alongside equity momentum by tracking cross-asset correlation, open interest, and funding on institutional venues to gauge risk transfer from stocks to digital assets (source: Kaiko, CME Group). Risk management cues include watching VIX for volatility regime shifts and the U.S. 10Y yield for macro headwinds that can cap risk-on follow-through in both equities and crypto (source: Cboe Global Markets, U.S. Department of the Treasury).

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 @StockMKTNewz, 69% of S&P 500 index members that have reported earnings have beaten expectations, the highest beat ratio in four years, citing Bloomberg. FactSet’s Earnings Insight tracks beat rates as a core gauge of earnings breadth used by market participants, making this metric directly relevant for equity positioning, source: FactSet. IMF research finds BTC’s returns have become more correlated with the S&P 500 since 2020, so stronger US earnings breadth can coincide with supportive risk sentiment for crypto when correlations are elevated, source: International Monetary Fund.

According to @StockMKTNewz, roughly 20 trillion dollars of stocks by market capitalization are scheduled to report earnings this week, concentrating macro and earnings catalysts into a narrow window, source: @StockMKTNewz on X, Oct 26, 2025. The same source flags two additional watch items framed as questions rather than confirmed events: a possible FOMC rate cut led by Chair Jerome Powell and a possible meeting between Donald Trump and Xi Jinping, source: @StockMKTNewz on X, Oct 26, 2025. For trading, clustered mega-cap earnings and policy headlines frequently elevate short-term volatility and cross-asset correlation that spill into crypto majors BTC and ETH, a pattern documented around FOMC announcement days and earnings windows, source: Federal Reserve FOMC statements archive; Cboe volatility studies. A practical approach is to manage event risk with options hedges and tighter crypto leverage, as liquidity and dollar-path surprises around FOMC can move CME Bitcoin and Ether derivatives and spot markets, source: CME Group Bitcoin and Ether derivatives activity; Federal Reserve FOMC communications; @StockMKTNewz on X, Oct 26, 2025.

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 @KobeissiLetter, Beyond Meat (BYND) briefly hit a $3.5 billion market cap around 5:15 AM ET before reversing from a roughly +160% pre-market gain to as much as -31% intraday, settling near a $1 billion value the same day. source: @KobeissiLetter, Oct 22, 2025. Such extreme reversals are consistent with pre- and post-market trading where liquidity is thin, spreads widen, and price discovery can be unstable, leading to outsized moves that may not persist into the regular session. source: SEC Investor Bulletin on After-Hours Trading Risks; Nasdaq Market Basics on Pre-Market and After-Hours Volatility. For trading execution and risk management, regulators recommend using limit orders and recognizing higher volatility and execution risk outside regular hours to avoid slippage and whipsaw losses. source: SEC Investor Bulletin on After-Hours Trading Risks; FINRA Investor Insights on Extended-Hours Trading. For crypto traders, elevated equity volatility can spill over to digital assets as correlations between Bitcoin (BTC) and U.S. equities have risen in recent years, so sharp risk-off reversals in stocks can coincide with pressure on BTC and other risk assets. source: IMF Blog, Crypto Prices Move More in Sync With Stocks, 2022.

According to @CNBC, JPMorgan said a stock market correction right now would be 'healthy.' According to @CNBC, the remark pertains to equities and the post does not include specific timing, price targets, or sector-level guidance. According to @CNBC, the post does not outline direct implications for crypto markets such as BTC or ETH.

According to @KobeissiLetter, global managers cut cash to 3.8% in October, the lowest in 12 years, with cash at or below 4% of AUM for a fourth straight month and only a few instances since 1999 when levels were this low, source: @KobeissiLetter. 45% of managers are net overweight global stocks, the most since January 2025, while a record net 60% say global equities are overvalued, 20 percentage points above the 2000 Dot-Com Bubble level, source: @KobeissiLetter. For traders, this extreme equity exposure signals limited incremental buying power and elevated fragility across risk assets, so crypto desks may monitor equity volatility for spillover risk to BTC and ETH, interpretation based on @KobeissiLetter.

According to @DowdEdward, current stock market price action is a narrative battle between an exogenous tariff factor that can be imposed or removed quickly and an endogenous credit-cycle dynamic that is internal to the system and beyond the power of any one individual, with resolution expected over the coming weeks and months. Source: @DowdEdward, X post dated Oct 17, 2025. This framework highlights two tradable catalysts for equities: fast-moving tariff headlines versus slower, systemic credit conditions that drive risk premia and volatility. Source: @DowdEdward, X post dated Oct 17, 2025. For crypto traders, equity macro shocks are relevant because BTC’s correlation with stocks rose markedly during 2020–2022, indicating spillover risk from these drivers into BTC and ETH positioning. Source: International Monetary Fund, Crypto Prices Move More in Sync with Stocks, January 2022.

According to @charliebilello, the US consumer dollar’s purchasing power has roughly halved over the last 30 years due to inflation, while the S&P 500 gained about 888% after inflation, or roughly 8% per year, highlighting the real return gap between cash and equities, source: Charlie Bilello via Creative Planning. For traders, this underscores that long-horizon equity exposure has historically outpaced inflation and preserved real wealth versus holding cash, source: Charlie Bilello via Creative Planning. Crypto angle: Bitcoin has increasingly moved with US equities since 2020, with IMF research documenting a rise in BTC–S&P 500 co-movement during the pandemic, making equity strength and inflation narratives relevant to crypto risk appetite, source: International Monetary Fund 2022. Practical takeaway: monitor US CPI and the S&P 500 trend as macro inputs for BTC and ETH positioning when inflation and equity momentum influence risk-on regimes, source: International Monetary Fund 2022; Charlie Bilello via Creative Planning.

According to The Kobeissi Letter, US technology stocks now represent a record 38% of total US equity market capitalization, a share that has doubled since 2020, highlighting unprecedented sector concentration for this cycle, source: The Kobeissi Letter on X, Oct 17, 2025: https://x.com/KobeissiLetter/status/1979196802021658884. For context, the tech sector’s share peaked near ~33% during the 2000 Dot-Com Bubble, which means today’s concentration exceeds that prior extreme, source: The Kobeissi Letter on X, Oct 17, 2025: https://x.com/KobeissiLetter/status/1979196802021658884. Outside the US, global tech stocks ex-US make up ~12% of the global market ex-US and remain below their 2021 and 2000 highs, indicating US-led tech leadership, source: The Kobeissi Letter on X, Oct 17, 2025: https://x.com/KobeissiLetter/status/1979196802021658884. For trading, this elevated US tech dominance is a macro concentration gauge that desks can monitor when assessing equity-led risk moves that may influence broader risk assets, including BTC and ETH, source: The Kobeissi Letter on X, Oct 17, 2025: https://x.com/KobeissiLetter/status/1979196802021658884.

According to @CNBC, the week of Oct 20–24, 2025 will feature another wave of U.S. corporate earnings alongside a U.S. CPI data release, positioning these events as the main market focus next week (source: CNBC). According to @CNBC, traders are preparing around these scheduled catalysts, which will be closely tracked across equities and the broader risk landscape, including the crypto market, for event-driven positioning and sentiment (source: CNBC).

According to @business, global finance chiefs concluded talks acknowledging entrenched risks to the global economy from escalating trade tensions, geopolitical mistrust, and AI euphoria. According to @business, officials were urged to keep calm as trade-war pressures intensified, underscoring that these risks are persistent rather than transitory. Based on @business's reporting, this entrenched macro-risk backdrop remains a key context for positioning, hedging, and liquidity management across risk assets.