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On today's episode of CNBC Crypto World, major cryptocurrencies trade lower after Fed Chair Jay Powell suggested the central bank may not cut interest rates again at its December meeting. Plus, JPMorgan analysts said in a note that Circle’s USDC stablecoin is outpacing Tether’s USDT in terms of on-chain activity. And, Steven McClurg, Canary Capital CEO, explains how the asset manager's new spot crypto ETFs tied to Hedera and Litecoin are performing after launching in the U.S. this week. Chapters: 0:00 - CNBC Crypto World, Oct 30, 2025 0:30 - Bitcoin falls 1:00 - The headlines 3:37 - Steven McClurg of Canary Capital For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC #CNBCTV #Crypto