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Bitcoin peaks back above $120K, what economic uncertainty means for Fed’s rate cuts and markets

DeFi Daily News by DeFi Daily News
October 2, 2025
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Market Domination anchor Myles Udland breaks down the latest market moves for October 2, 2025.
October has typically been a strong month for bitcoin. Senior reporter Ines Ferré discusses the cryptocurrency’s latest rally pushing it back above $120,000 per token and whether the digital asset will continue to soar this month.
Investment Company Institute chief economist Shelly Antoniewicz and Bullseye American Ingenuity Fund portfolio manager Adam Johnson discuss economic headwinds for 2025’s fourth quarter and US GDP, including federal worker layoffs during the US government’s shutdown, the delay of key economic data for September, and cooling consumer spending. For more of Market Domination videos, please visit: https://finance.yahoo.com/videos/series/market-domination/
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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

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Tags: 120kBitcoinBondsbusinessCurrenciesCutsEconomicEquitiesFedsFXInvestingInvestmentMarketMarketsMeansMoneyNewsNYSEPeaksPersonal FinancePoliticsRateSavingsStock marketstocksuncertaintyYahoo FinanceYahoo FInance Premium
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