Daily Dose of Doc 👨‍⚕️ The crypto market saw a sharp pullback in the past 24 hours after the Federal Reserve cut rates by 0.25% and Chair Powell issued cautious remarks, signaling no guaranteed future reductions. Bitcoin fell 3.8% to around $108,572, down from $115,000, while Ethereum dropped 3.57% to approximately $3,938. The total market cap entered “Fear” territory, though Solana showed relative strength. Bitcoin and Ethereum ETFs recorded outflows, but institutional interest remains strong with new filings. President Trump declared the U.S. will never sell its Bitcoin holdings, reversing prior sales worth billions. MicroStrategy added 390 BTC to its treasury, now holding over 640,000 BTC. Grayscale launched its Solana ETF ($GSOL) on NYSE Arca, offering exposure to staked SOL, while T. Rowe Price filed for an active crypto ETF that includes SHIB. Stablecoin activity surged: Western Union launched WUUSD on Solana, Visa began accepting four stablecoins across four chains for fiat settlement, Circle activated its ARC Layer 1 testnet with participation from Goldman Sachs and BlackRock, and JPYC introduced Japan’s first yen-backed stablecoin. On the tech front, Ethereum’s Fusaka upgrade went live on the Hoodi testnet, introducing PeerDAS, Verkle Trees, and higher gas limits ahead of a December mainnet launch. MegaETH’s token sale was 12.5x oversubscribed, raising over $450 million with backing from Vitalik Buterin and Joe Lubin. BOB rolled out a BTC vault liquidation engine, and Myriad launched on BNB Chain targeting Asian markets. Institutional moves continued with Polymarket preparing a U.S. launch, Trump’s Truth Social partnering with Cryptocom for prediction markets, Coinbase enabling DeFi BTC lending without KYC, and SpaceX transferring 281 BTC to a new wallet. Ledger also revamped its security systems. In DeFi and real-world assets, Gate introduced an MPC wallet and perpetual DEX, ZAR raised $12.9 million for Pakistan-focused stablecoins, and Plume integrated with Wormhole. Major events included record attendance at the Plan ₿ Forum in Lugano, alongside Blockchain Life, Bolivia Blockchain Week, and SiGMA Rome. Regulatory developments saw Australia classify stablecoins and wrapped tokens as financial products, while the OSCE hosted a workshop on blockchain-based AML. Rumors of a Trump-Xi zero-tariff deal added speculative fuel. Short-term sentiment is bearish due to Fed caution and October’s historically weak performance, but November typically delivers an average 11.2% gain for Bitcoin. With new ETFs, stablecoin growth, and network upgrades on the horizon, a rebound appears likely. Volatility remains high—proceed with caution.