Bitcoin 
$110,037.86It retested the $110,000 level as diplomatic detente between the US and China revived global risk appetite. BTC, which fell to $ 107,000 after Fed Chairman Jerome Powell stated that the interest rate cut was “not certain” in December, stabilized in the range of $ 109,600-110,200 on Friday morning. Analysts believe that the market’s focus has shifted from hawkish interest rate cut discussions to the Washington-Beijing trade agreement.
While Fed Uncertainty Continues, Diplomacy Breathes the Market
Capital.com senior analyst Kyle Rodda stated that investors are focusing on the US-China contact rather than the Fed’s guidance in the short term. Meeting in South Korea, President Donald Trump and Chinese President Xi Jinping announced a new agreement covering tariff reductions and energy cooperation. BRN Research Director Timothy Misir emphasized that the agreement “renews confidence” with commitments especially on trade, energy and fentanyl control.
While macro data delayed due to the US government shutdown weakened market visibility, analysts agree that diplomatic developments temporarily filled the “data gap”. While Ether was traded at $3,900, BNB at $1,100, and Solana at just under $190, the total crypto market value remained at $3.76 trillion.
Bitcoin Ends Weak in October as ETF Outflows Continue
US-based spot crypto ETFs continued their week-long selling pressure on Friday. While there was a net outflow of approximately $488 million from spot Bitcoin ETFs, no funds recorded inflows. While Ether ETFs saw an outflow of $184 million, the Solana side was an exception; A third consecutive day of inflows of $37.3 million was recorded, led by Bitwise’s BSOL fund.
According to CoinGlass data, October 2025 is on track to be one of the weakest Octobers in the last decade. More than $10 billion worth of positions were liquidated in the sharp correction from record levels at the beginning of the month. Wincent Director Paul Howard stated that the long-term outlook is still strong and that Bitcoin can remain balanced in the $ 110,000-120,000 band, and that the possibility of postponing the interest rate cut temporarily suppresses the prices. According to Howard, pre-November macro improvements “could push risk assets back up.”
