The FOMC minutes released on October 8, 2025, for the September 16-17 meeting reveal that most Federal Reserve officials support easing monetary policy in 2025, signaling a potential pivot from the hawkish stance of recent years, per CoinoMedia. A 10-9 majority favored two additional quarter-point rate cuts this year, with the funds rate at 4%-4.25% after the September 25 bps reduction, per. Stephen Miran, the lone dissenter, advocated for a half-point cut, per. This consensus emerges amid 4.3% unemployment (highest since October 2021) and 2.4% core PCE inflation, per.
Easing policy typically lowers borrowing costs, weakening the U.S. dollar and boosting risk assets like equities and cryptocurrencies, per. Bitcoin (BTC) dipped to $112,709 intraday but rebounded to $113,234 (-2.78%), while Ethereum (ETH) fell 5% to $4,070, per. Crypto traders view the dovish tone as bullish, with BTC eyeing $120,000 if cuts materialize, per @rovercrc on X. Spot Bitcoin ETFs saw net outflows in August after July’s record inflows, but easing could reverse this, per. Altcoins like Solana (SOL) ($184.50) and XRP ($2.29) may benefit from liquidity shifts, per.
The Jackson Hole Symposium (August 22, 2025) and Fed Chair Jerome Powell’s speech remain key, with an 85% probability of a 25 bps cut in October, per CME FedWatch. Presto Research’s Peter Chung warns a hawkish surprise could trigger declines, while dovish comments may spark rallies, per. FOMC projections show one more cut in 2026 and 2027, settling at 3% long-term, per. Kronos Research’s Vincent Liu notes markets may consolidate until clearer direction, with ETH’s $4,200 as a pivot, per.
BTC support at $112,000 and ETH at $4,000 are critical; a breach could test $110,000 and $3,900, per TradingView. Dollar-cost average into BTC or ETH with stop-losses, or diversify into USDC for stability, per. Monitor ETF flows on SoSoValue and FOMC updates via federalreserve.gov. Follow @TheBlock__ on X for insights. Easing could drive BTC to $150,000 by 2026, per Techopedia, but inflation risks persist, per.
