Atlanta Federal Reserve President Raphael Bostic said on Nov. 1 that a December interest rate reduction remains undecided, Jin10 reports. Speaking at a Dallas Fed conference, Bostic emphasized each meeting involves live decision-making based on incoming data rather than a preset path. He noted Fed Chair Jerome Powell's clarification during this week's policy meeting—that a December cut is not guaranteed—was appropriate given the range of views in the dot plot projections.

The cryptocurrency market saw $41.47 million in liquidations over the past hour, with long positions accounting for $40.48 million and short positions $990,000, Coinglass data show. Over the past 24 hours, 160,289 traders were liquidated globally, totaling $539 million. The largest single liquidation occurred on Hyperliquid's BTC-USD pair, valued at $8.5337 million.

Bitcoin fell below $109,000 on Nov. 1, up 0.58% in 24 hours, HTX data show. The cryptocurrency breached the threshold on the HTX trading platform.

The U.S. Court of Appeals for the Tenth Circuit ruled 2-1 in favor of the Federal Reserve on Nov. 1, denying Custodia's petition to compel the central bank to grant it a master account, crypto journalist Eleanor Terrett reports. The decision upholds the Fed's authority in the dispute with the digital asset bank.

Federal Reserve official Hammack indicated a preference for maintaining current interest rates at this week's meeting, Jin10 reports. The official noted preliminary signs of labor market softening, including layoff announcements. Hammack stated that policy rates are now approaching neutral rate estimates.

Bitcoin briefly surpassed $111,000 on Oct. 31, rising 2.5% over 24 hours, HTX market data show. The move marked a short-term spike for the leading cryptocurrency.

Overnight index swap data show the probability of a Federal Reserve rate cut in December has fallen to around 50%, Jin10 reports on Oct. 31. The swap market pricing reflects shifting expectations for monetary policy action at the Fed's final meeting of the year.

Two newly created wallet addresses withdrew 2,000 BTC valued at $220 million from Binance over a two-hour period on October 31, Lookonchain data show. The withdrawals occurred within a concentrated timeframe on the exchange platform.