Bitcoin briefly fell below $110,000 on October 15, 2025, before rebounding to approximately $111,955. The dip followed comments from Federal Reserve Chair Jerome Powell regarding the Fed's tightening cycle and potential rate cuts, which initially unsettled markets but later provided some relief. Former President Donald Trump's remarks on trade further contributed to market volatility. The broader cryptocurrency market also experienced declines, with Ether and other major tokens dropping between 4% and 6%.