Bitcoin slips below $110,000 as Fed fears weigh on crypto
Bitcoin fell 1.6% to $109,523 on Friday, with Ethereum and BNB also sliding, as traders reacted to Fed Chair Jerome Powell signal that no further rate cuts are likely this year. Spot Bitcoin ETFs saw $959 million in outflows over two days, pressuring prices. BTC now risks ending October in the red for the first time since 2018.