Fed’s October Minutes Reveal Uncertainty Amid Data Gaps

On November 16, 2025, the Federal Reserve released minutes of its recent policy meeting, highlighting increased uncertainty regarding future interest rate cuts amid a recent government shutdown.

This uncertainty complicates market expectations, influencing assets like BTC and ETH, which react closely to US macroeconomic policy shifts and create volatility in cryptocurrency markets.

Fed Minutes Highlight Impact of 43-Day Data Shutdown

The Federal Reserve released its October policy meeting minutes, noting a 25 basis point rate cut. Officials highlighted increased uncertainty in decision-making due to a 43-day US government shutdown that halted crucial economic data releases. Market expectations for an additional December rate cut were reshaped, with key figures indicating no further cuts are guaranteed.

Investor sentiments mirror uncertainty following the October meeting. Boston Fed President Collins remarked that the conditions for further cuts are unlikely met, while market participants respond to variable risk assessments. Institutional traders previously anticipating a December cut are urged to reconsider strategies given the evolving data landscape.

“In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks.” — Jerome Powell, Chair, Federal Reserve

Crypto and Market Reactions Amid Fed’s Rate Strategy

Did you know? During past US data lapses, such as 2013 and 2018, both risk assets and crypto markets experienced heightened volatility following FOMC minutes emphasizing policy uncertainty.

As of November 17, 2025, Bitcoin’s price stands at $95,060.11 with a market cap of $1,896,336,234,215.05. Recent price trends noted a weekly fall of 10.36% and a 24-hour decline of 0.87%, according to CoinMarketCap. Bitcoin market dominance is reported at 58.68%.

Coincu research suggests potential financial implications given the Fed’s revised stance. Historical trends reveal asset volatility following FOMC announcements, but current conditions imply less predictability without updated data. Ongoing deliberations contribute to macro and crypto market pressures.