[LIVE] Crypto News Today, October 14 — Why Is Crypto Crashing Today? Whales Short Bitcoin as Market Awaits Powell: Next Crypto to Explode?

The crypto market turned purple on Tuesday as merchants diminished publicity forward of Federal Reserve Chair Jerome Powell’s upcoming coverage speech. Bitcoin

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Bitcoin
BTC

$112,095.48

0.84%

Bitcoin
BTC

Worth

$112,095.48

0.84% /24h

Quantity in 24h

$68.78B
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slid beneath $112,000, final buying and selling close to $111,856, down 3% over the day. The worldwide crypto market cap dropped 3.2% to $3.8 trillion, signaling renewed warning after a short-lived rebound. But it surely’s additionally the proper atmosphere for chosen crypto to blow up subsequent as merchants are keen to seek out worthwhile investments.

Ethereum

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Ethereum
ETH

$4,003.48

1.14%

Ethereum
ETH

Worth

$4,003.48

1.14% /24h

Quantity in 24h

$45.28B
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misplaced 4% to $4,012,

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BNB
BNB

$1,202.46

1.13%

BNB
BNB

Worth

$1,202.46

1.13% /24h

Quantity in 24h

$8.73B
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plunged 10% to $1,205, and

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XRP
XRP

$2.47

1.73%

XRP
XRP

Worth

$2.47

1.73% /24h

Quantity in 24h

$7.35B
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fell 5.5% to $2.47. The declines got here as markets awaited Powell’s remarks earlier than the Nationwide Affiliation for Enterprise Economics (NABE) in Philadelphia, scheduled for 12:20 p.m. ET.

His feedback will mark his first main public look for the reason that Fed’s September coverage assembly, which revealed deep divisions amongst officers on the tempo of future price cuts.

Fedwatch rate cuts possibility — (Supply: FedWatch)

At that assembly, the Fed reduce charges by 0.25% to a spread of 4.00%–4.25%, however opinions have been break up over whether or not additional easing is required this 12 months. Powell has since harassed that choices will depend upon incoming knowledge — a problem made more durable by the continuing U.S. authorities shutdown, which has halted a number of key financial stories.

With no new knowledge on jobs or inflation, Powell’s speech might present essential clues on how the central financial institution plans to steer coverage amid uncertainty.

EXPLORE: 10+ Subsequent Crypto to 100X In 2025

Markets are additionally watching how Powell balances the Fed’s twin mandate of full employment and worth stability. Inflation has remained above 2% for practically 5 years, whereas labor knowledge recommend rising weak spot. If Powell focuses on employment dangers, merchants might count on extra price cuts: a situation that might stabilize crypto costs. A stronger concentrate on inflation, nonetheless, may sign a pause in easing and preserve digital property underneath stress.

Markets are watching intently for any sign on interest-rate course that might sway threat sentiment.

On-chain knowledge exhibits heavy brief exercise by massive merchants. Whale 0x9eec9, with $31.8 million in realized revenue, now holds $98 million in shorts throughout DOGE, ETH, PEPE, XRP, and ASTER. One other, 0x9263, with $13.2 million revenue, has $84 million briefly positions on SOL and BTC.

Apart from the #BitcoinOG who remodeled $160M shorting $BTC and $ETH through the crash, two different whales with vital income on #Hyperliquid are additionally closely shorting the market.

Whale 0x9eec9 — with $31.8M in revenue — at present holds $98M in shorts throughout $DOGE, $ETH, $PEPE,… pic.twitter.com/qZfJIbO6ba

— Lookonchain (@lookonchain) October 14, 2025

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Subsequent Crypto to Explode Throughout This Dip? Stablecoin Market Hits $310 Billion Market Cap

Whereas sentiment is cautious, corrections like this usually set the stage for the following breakout section. Merchants are scanning for property exhibiting resilience — cash with robust liquidity, wholesome on-chain exercise, or massive stablecoin inflows.

The stablecoin market, now at a file $310.7 billion, signifies vital shopping for energy sitting on the sidelines. If Powell’s tone eases or Bitcoin stabilizes above key assist, capital may rotate shortly into undervalued altcoins. Traditionally, such situations precede sharp rebounds, which means the following crypto to blow up may emerge quickly as soon as macro stress subsides.

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The submit [LIVE] Crypto Information Right this moment, October 14 — Why Is Crypto Crashing Right this moment? Whales Quick Bitcoin as Market Awaits Powell: Subsequent Crypto to Explode? appeared first on 99Bitcoins.

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