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The Federal Reserve announced a 25 basis point rate cut and halted quantitative tightening (QT), but the market experienced short-term panic due to Powell's hawkish comments regarding uncertainty over a rate cut in December. Bitcoin and Ethereum prices declined. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still in the process of iterative improvement.

Bitcoin is showing clear signs of weakness, and market confidence is being put to the test.
- 03:53"Machi" adds approximately $14,000 in margin, significantly lower than beforeBlockBeats News, October 31, according to monitoring by Lookonchain, "Machi Big Brother" Jeffrey Huang, after experiencing several partial liquidations, has just deposited 13,937 USDC into Hyperliquid and may continue to go long on ETH and HYPE. Previously, each of his deposits was in the hundreds of thousands of US dollars.
- 03:53A certain whale sold off 1,531 ETH at a loss, incurring a $617,000 loss in two weeks.BlockBeats News, October 31, according to on-chain analyst Ai Aunt (@ai_9684xtpa), a swing whale who has repeatedly bought high and sold low in ETH, dumped 1,531 ETH (about $5.65 million) 7 hours ago, with an average selling price of $3,691 and an average entry price of $4,094. After holding for two weeks, the whale incurred a loss of $617,000.
- 03:52KITE Foundation: Snapshots for the Ozone testnet and "FLY THE KITE" NFT have been completedBlockBeats News, October 31, the KITE Foundation announced on social media that the snapshot for the Ozone testnet and "FLY THE KITE" NFT has been completed (October 31, 2025, 00:00 UTC), and more updates will be released soon.