October’s crypto crash wiped $1 trillion, but Bitcoin and Ethereum have staged an impressive recovery thanks to institutional buying. Bitcoin has mounted a strong recovery following its largest liquidation event on record, climbing back to a peak of $116,000 after rising by 3% on Monday. Ethereum also gained 9% over the past day as it rose to $4,200 at one point. One of the main factors behind the prompt uptick is institutional accumulation of both assets. Wall Street Moves In CryptoQuant found that Bitcoin’s Coinbase Premium Index reached a…
Day: October 13, 2025
Mantle, Ethereum L2s Outperform Crypto Rally After $19B Crash
Ethereum scaling tokens outperformed most of the cryptocurrency market after the weekend crash, signaling stronger price resilience among layer-2 (L2) projects built on the world’s largest smart contract network. Ethereum layer-2 scaling solution Mantle (MNT) had a 31% rebound on Monday, becoming the third-biggest gainer among the 100 largest cryptocurrencies tracked by CoinMarketCap. The Arbitrum (ARB) and Immutable (IMX) tokens also registered double-digit gains, while the Polygon (POL) token had an 8% rebound in the 24 hours up to the time of writing. Some analysts are pointing to the MNT…
BTC Price to $150K? Traders say Bitcoin’s Upside Remains Intact
Key takeaways: Bitcoin traded above short-term holder cost basis at $114,000, signaling recovering demand and potential for further gains. Analysts said Bitcoin could continue its uptrend, with targets above $150,000. Bitcoin (BTC) price reclaimed the $115,000 level on Monday, recouping some of the losses from Friday’s historic sell-off, which resulted in over $20 billion in centralized exchange liquidations. The 10%-15% price drop left a mark on BTC’s technicals, but traders said that Bitcoin’s macro outlook remained bullish with $150,000 still in the cards. Bitcoin recovers above key trendline The BTC/USD…
Crypto ETPs See $3.2B Inflows Despite Friday’s Flash Crash
Cryptocurrency investment products held steady amid last Friday’s massive flash crash, recording strong inflows over the past week. Crypto exchange-traded products (ETPs) recorded $3.17 billion in inflows last week despite the market correction caused by fresh China tariff threats from US President Donald Trump, CoinShares reported on Monday. “Friday saw little reaction with a paltry $159 million outflows,” CoinShares head of research James Butterfill wrote, highlighting crypto funds’ resilience to the market panic amid the Friday sell-off and $20 billion liquidations. In addition to robust weekly inflows, crypto funds reached…
$14 to $28 Projections Ahead
XRP rose 7% to $2.60 as volume increased 17%, with chart patterns pointing to possible long-term targets of $14 and $28. XRP jumped over 7% in the past 24 hours, recovering from last week’s sharp drop. The asset moved from $2.37 to $2.59, adding roughly $30 billion to its market value. Meanwhile, trading volume rose 17% to $9.6 billion as large buyers stepped in following a tariff-driven selloff. Long-Term Pattern Suggests Higher Targets A chart shared by ChartNerd shows XRP breaking out of a multi-year triangle pattern, which began…
3 Things That May Impact Crypto Markets in Week Ahead
The United States government remains in shutdown, which has put a limit on the amount of economic data that will be released this week. The ongoing US government shutdown is hampering policymakers’ efforts to analyze economic data, which could influence monetary policy. Crypto markets and stocks tanked on Friday and over the weekend in reaction to Donald Trump’s latest salvo of tariffs on China. President Trump announced that he will impose an additional 100% tariff on goods from China, in addition to the 30% tariffs already in effect, starting…
These AI Altcoins Are Leading The Crypto Market Recovery
Crypto market capitalization is back over $4 trillion again as markets rebound from a record leverage flush over the weekend. Around $300 billion has returned to spot crypto markets on Monday morning after overleveraged whales caused a massive meltdown over the weekend. Bitcoin and Ether have both recovered back to the middle of their range-bound channels, but some of the AI-related altcoins are surging. AI-focused crypto token Bittensor (TAO) has pumped a whopping 35%, topping $410 in an eleven-week high on Monday morning. However, the native token for the…
Bitcoin Risks Bull Market Collapse as Bulls Fight for $116,000
Bitcoin (BTC) starts a key week of October with the fate of the bull market at stake — what comes next? Bitcoin stages a solid rebound from its biggest-ever liquidation cascade, reaching a high of $116,000 so far. Traders are divided over where the market will head from here — there are even doubts that the bull market will ever return. A giant reset in leverage offers potential relief for bulls, but shorts remain a concern. US inflation data continues to be delayed due to the government shutdown, with Fed Chair…
Tapbit Delivers a Strong Presence at TOKEN2049 Singapore
[PRESS RELEASE – Singapore, Singapore, October 13th, 2025] The world-renowned blockchain event, TOKEN2049 Singapore, successfully concluded at the Marina Bay Sands Expo and Convention Centre. As a leading compliant cryptocurrency exchange, Tapbit made a remarkable impression at the event, capturing the attention of global blockchain companies, investors, and media with its strong brand presence and innovative products. A Crowd-Pulling Booth and Cutting-Edge Innovations During the two-day event, Tapbit’s booth emerged as one of the most visited spots at the venue. Crypto enthusiasts, traders, and partners from around the world gathered…
Crypto Markets Wait as US Government Shutdown Drags On
America’s federal government has entered its third week of shutdown, leaving as many as 16 exchange-traded funds (ETF) awaiting approval should the shutdown continue into November. Most of the US government came to a standstill on Oct. 1 when the Republicans and Democrats failed to reach a funding agreement. This has caused agencies, including the US Securities and Exchange Commission, which approves ETF applications, to run with only essential staff. The crypto industry was set for a flood of ETFs in October, with the SEC set to make their final…