{"content":"Bitcoin and XRP Slide Amid Fed’s Goolsbee Commenting He Is “Nervous” About Inflation Major cryptocurrencies Bitcoin and XRP both declined sharply today after Austan Goolsbee, President of the Federal Reserve Bank of Chicago, said he is “nervous” about inflation during an interview. He also noted that he is “not decided going into the December meeting,” raising fears that interest‑rate cuts may be delayed or that policy remains more restrictive than markets anticipated. Yahoo Finance+1 The markets reacted quickly. Bitcoin slipped below the $110,000 mark while XRP also posted significant losses as traders digested the risk that monetary‑policy tailwinds may weaken. The message from Goolsbee pushed risk‑assets lower and sparked a wave of selling in crypto markets. Yahoo Finance Key Takeaways: Fed commentary that emphasizes inflation concerns and uncertainty around rate decisions can have immediate negative impact on crypto, especially when risk‑assets are stretched. Even strong fundamentals in crypto ecosystems may be overshadowed if market participants believe central‑bank liquidity or dovish policy is no longer assured. It’s a reminder that institutional sentiment in crypto remains highly sensitive to macro signals and policy leadership rather than just on‑chain metrics or token‑specific news.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/03/d7c3783b1bd1a21d728586babcd26ded.jpg"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}