The Federal Reserve cut its benchmark rate by 25 basis points to 3.75%-4.00% on October 30, with two dissenting votes—one member favored a 50bp cut and another supported no change, BlockBeats reports. The Fed also announced it will end its balance sheet reduction program on December 1. Fed Chair Jerome Powell said in post-meeting remarks that a December rate cut is "far from certain," citing data gaps that heighten decision-making risks. U.S. equities declined sharply from highs, while the dollar and Treasury yields both rose, with gold dropping over $40; Bitunix analysts noted Bitcoin's liquidation map shows downside support at $109,600-$108,000 and resistance at $112,300 and $116,000, warning crypto markets may enter a consolidation phase amid liquidity reallocation and dollar strength.