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BTC Slips Below Key Support as Dollar Strengthens Ahead of Powell Speech

The crypto market retreats after a week of strong ETF inflows, with traders eyeing Powell’s remarks for clues on Fed policy amid data gaps from the government shutdown.

Bitcoin BTC$ 111,480.33 dipped below a key support level Thursday, pulling the broader crypto market down as the US dollar gained strength ahead of Federal Reserve Chair Jerome Powell’s speech.
The leading cryptocurrency fell over 1% $121,500, revers… [2536 chars]

Source: CoinDesk | Published: 2025-10-09T09:49:08Z

Credit: CoinDesk

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