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Bitcoin Price Slips to $113,500 as Traders Await US Fed Chair Jerome Powell’s Remarks

Summary by NDTV Gadgets 360
Bitcoin traded around $113,500 (roughly Rs. 1.01 crore) on Monday, consolidating after a volatile week marked by leverage unwinding. Analysts say the market reset could create a stronger foundation for recovery, with Ethereum steady above $4,000 (roughly Rs. 3.56 lakh). Investors are closely tracking Jerome Powell’s speech today, which may provide clarity on rate cuts and macroeconomic direction.
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7 Articles

Key Points of the News The crypto market faces a crucial moment as Federal Reserve President Jerome Powell offers his economic perspective. Investors expect signals on whether Bitcoin, Ethereum and other digital assets will act as a haven of value or remain high-risk investments. Powell’s stance on interest rates, inflation and economic growth could directly influence liquidity, dollar strength and speculative appetite, determining the crypto’s …

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NDTV Gadgets 360 broke the news in on Tuesday, October 14, 2025.
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