Block Scholes Research

Block Scholes Research

Post-FOMC Hawkishness Continues To Weigh On Risk Sentiment

Since the leverage flushout of October 10, BTC has remained trapped within a trading range of $105K and $115K. BTC fell to the lower bound of the range it has traded within since the leverage flushout of October 10

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Thahbib Rahman
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Tazmina
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Andrew Melville
Oct 31, 2025
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BTC fell to the lower bound of the range it has traded between post October 10 and derivatives markets continue to price in a bias for defensive hedging. Gold reclaims $4,000 per ounce — read on below to see what’s driving that rally. Additionally, in today’s update we discuss Bitmine’s continued ETH buying and Coinbase’s Q3 2025 earnings.

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Market Snapshot: Overnight Moves:

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