ChatGPT cannot accurately predict the timing of a cryptocurrency market crash, but it can identify potential risks. The market performance in October 2025 showed that tariff related news triggered a wave of liquidation, resulting in billions of dollars in losses. （Cointelegraph）

[Federal Reserve Governor Cook Says Hiring Slows and Expresses Concern Over Rising Unemployment] Federal Reserve Governor Cook stated that based on a large amount of real-time data, hiring activities are slowing down, and there is no need for employment reports to confirm this. He pointed out that there is reason to be concerned about an increase in unemployment and emphasized the importance of using the latest data promptly in the December interest rate decision. Additionally, Cook stated that if inflation shows stronger persistence, the Federal Reserve will be prepared to take action.

The price of Ethereum is under pressure at the $3000 mark, and the recent outflow of ETF funds has reached $364 million, leading to a cooling of institutional demand. （Cointelegraph）

[Federal Reserve Governor Cook: A Rate Cut in December is Possible, Depending on Subsequent Data] Federal Reserve Governor Cook stated that monetary policy is always formulated based on real-time economic data and does not follow a predetermined path. Currently, the Federal Reserve's dual mandate faces increased risks in both inflation and employment, and the existing policy is somewhat restrictive. Cook pointed out that inflation levels remain elevated with upside risks, while the labor market is performing robustly, though potential issues need to be closely monitored. Additionally, he mentioned that the government shutdown has weighed on the economy, but growth is expected to recover. Regarding the future policy direction, Cook indicated that a rate cut in December is possible, but the final decision will depend on subsequent economic data releases.

The US Bitcoin ETF suffered a loss of $94.6 million due to market volatility caused by the recent hawkish stance of the Federal Reserve. Previously, the Federal Reserve hinted at the possibility of further interest rate hikes to address inflationary pressures, raising concerns among investors about risky assets. The market sentiment has turned conservative, and the outflow of funds has exacerbated the losses of Bitcoin ETFs. （Decrypt）