Crypto Prices Decline as Investors Brace for FOMC Meeting

In a cautious market environment, major cryptocurrencies experienced a decline on October 28, 2025, as investors awaited the Federal Reserve’s two-day policy meeting. According to CoinMarketCap, the market’s anticipation of the Fed’s decision has led to a notable shift in trading behavior.

Market Overview

The overall cryptocurrency market capitalization slipped by 1.5% to $3.93 trillion, with Bitcoin (BTC) trading near $113,831, a 1.4% drop. Ethereum (ETH) followed with a more significant decline of 3.7%, settling at $4,090. Other notable cryptocurrencies such as XRP and Binance Coin (BNB) also saw decreases, falling 1% and 1.6% to $2.64 and $1,132, respectively.

Investor Sentiment

Market participants are closely monitoring the Federal Reserve’s expected 25 basis points rate cut, which could bring the rate to a range of 3.75%–4.00%. This anticipation has led to a cautious sentiment among traders, with the average relative strength index dropping over 10 points to 47, indicating a neutral momentum shift.

Impact on ETFs and Open Interest

Despite the declining prices, spot Bitcoin and Ethereum exchange-traded funds (ETFs) have recorded strong inflows, suggesting continued investor interest in these assets. Additionally, open interest in cryptocurrency markets increased by 2% to $165 billion, reflecting ongoing engagement from market participants.

Broader Economic Context

This market movement occurs against a backdrop of broader economic concerns, including inflationary pressures and global economic uncertainty. The Federal Reserve’s upcoming decisions are expected to provide further direction to financial markets, including cryptocurrencies, as investors seek clarity on the future monetary policy landscape.

As the Federal Open Market Committee (FOMC) meeting progresses, market participants will continue to assess the impact of potential rate changes on the cryptocurrency market and broader financial environment.

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