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Leading cryptocurrencies tumbled alongside stocks on Thursday, as the U.S.-China trade truce failed to cheer investors.
Bitcoin's descent continued as the apex cryptocurrency sank to an intraday low of $106,376.69. Trading volume jumped 16%, indicating high downside pressure.
Ethereum dipped below $3,700 late evening, but recovered some losses overnight. XRP and Solana fell over 3% in the last 24 hours.
Bitcoin's market dominance nearly hit 60%, while Ethereum's share dropped to 12.6%.
Over $1 billion was liquidated from the cryptocurrency market in the last 24 hours, according to Coinglass, with $950 million in long positions evaporated.
That said, nearly $580 million in Bitcoin shorts risked liquidation if the apex cryptocurrency rebounds to $117,000.
Bitcoin's open interest fell 2.42% in the last 24 hours, although the percentage of Binance traders with long positions increased to 71%.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $3.67 trillion, contracting 1.87% in the last 24 hours.
Stocks extended their losses on Thursday. The Dow Jones Industrial Average slid 109.88 points, or 0.23%, to close at 47,522.12. The S&P 500 lost 0.99%, settling at 6,822.34. The tech-focused Nasdaq Composite dipped 1.57% to close the session at 23,581.14.
Investors found little substance in the U.S.-China trade truce following President Donald Trump’s "amazing" meeting with Chinese leader Xi Jinping.
Trump agreed to slash fentanyl-related tariffs by 10%, bringing down the overall tariffs on Chinese imports from 57% to 47%. China, in return, paused its export controls on rare earths and promised to buy more U.S. agricultural goods like soybeans and sorghum.
Hawkish remarks from Federal Reserve Chair Jerome Powell the day before tempered hopes of a year-end rate cut, sending markets lower.
Chris Kline, COO & Co-Founder at BitcoinIRA, weighed in on the market's underperformance in October in a note to Benzinga.
"The traditional ‘Uptober' post-halving cycle doesn’t exist in a vacuum. This year, we’re also operating in an ecosystem of all-time highs for crypto, gold, and stocks, alongside government shutdowns over contentious budget decisions and ongoing trade battles," Kline said.
The analyst added that while cycles aren't "perfect," Bitcoin's controlled supply dynamics is keeping it "stable."
Widely followed cryptocurrency analyst and trader Ali Martinez said Ethereum could hit the $10,000 target, but not before a sharp retracement.
"We may first get a price correction to $2,000," Martinez predicted. "From there, ETH can break past $5,000 and then reach the $10,000 target."
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da Silva had 19 points (5-11 FG, 3-7 3Pt, 6-6 FT), three rebounds, one assist and three steals over 22 minutes during Thursday’s 123-107 victory over the Hornets.
da Silva has been hit-or-miss this season, but he’s been trending up over the past two, scoring in the teens, draining threes and snatching steals, so he’s on the radar in deep leagues. It helps that he’ll draw a favorable matchup against the Wizards on a six-game Saturday.
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Vincent Scott, a well-known voice in the XRP community, urged patience while restating a big claim: he called XRP and the XRP Ledger humanity’s “best chance” to change how money moves around the globe.
His message, shared on X, mixed optimism about Ripple’s corporate moves with a warning that legal clarity must come first.
License Moves And Market Positioning
According to Scott, Ripple’s licensing work, recent acquisitions and new partnerships show the company is lining up for much bigger demand for XRP.
He argued the token’s real value is practical — it can act as gas for transactions or as a bridge currency to move value between different systems.
XRP/XRPL is the best chance we got
We see Ripple the company making all the moves to drive demand and solidify themselves with licensing, acquisitions, and relationships
We know the laws are the goalpost
We understand the concept of it: that XRP is backed by its use to…
Economic And Political Impact
Scott believes these changes could cut fraud, increase competition among banks and other payment providers, and speed up settlements.
He also suggested that if countries needed smaller foreign reserves because payments were easier and cheaper, that would shift long-held financial balances.
That kind of shift could face strong pushback. Scott noted a decentralized payment and reserve setup “ruins the existing power structure,” meaning political resistance is likely. Community Voices Split
The post prompted a range of reactions from within the XRP crowd. Nenad Stojkovic said Ripple stands out because of its infrastructure and regulatory steps, calling it a rare “serious financial company” in crypto — a view Scott agreed with.
One user, SonOfRichard, argued Ripple’s new product Ripple Prime might lift XRP even without new laws, since it’s already compliant with some rules.
Scott pushed back, replying that real progress still needs clear laws. Other voices were critical; Tommy Raz questioned the company’s top leaders.
He spoke in their favor, saying their actions match the stated mission and that some online comments, especially from Ripple’s CTO David Schwartz, get misunderstood.
I find the #XRP vs ETH debate, and who will outperform fascinating. Certainly Ethereum will fairly soon explode, however, I am coming back to this XRP/ETH chart. Take a look where the bounce occurred and what happened when XRP bounced from that support (twice) in 2017. Also, the… pic.twitter.com/8MlLWi2cjy

Market Snapshot And Analyst View
Meanwhile, a separate market watcher, CryptoBull, said Ethereum is set to surge soon but predicted XRP would outperform ETH in the near term.
Based on market moves, ETH recovered 9% to over $4,200 on Oct. 27 while XRP climbed 10% to $2.68 in the same stretch. Both later fell from those highs.
ETH remains only up 1.4% from its Oct. 22 lows. XRP, by contrast, has kept a 6% gain and sits above the key $2.5 mark.
According to Scott, no major shift will happen until regulators and lawmakers finish their work. He pointed to comments from Rep. French Hill, chair of the House Financial Services Committee, who said Congress could pass the CLARITY Act by the end of the year if the Senate moves.
Featured image from Unsplash, chart from TradingView
Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

Bitcoin price fell 4% in 24 hours to $108,398 after President Donald Trump announced tariff reductions. The decline followed a US-China trade agreement reached during talks in South Korea. The broader cryptocurrency market dropped by over 4% as investors reacted to the policy changes.
President Donald Trump met with Chinese President Xi Jinping in South Korea for a two-hour meeting. The leaders reached a one-year trade deal focused on rare earths and critical minerals. The agreement resulted in substantial tariff reductions between the two nations.
The United States reduced overall tariffs on Chinese merchandise from 57% to 47%. Trump also decreased the fentanyl-related tariff to 10% as part of the agreement. China committed to purchasing US soybeans and reducing fentanyl production in exchange.
Trump described the meeting as “amazing” and expressed optimism about future cooperation. The agreement includes provisions for both leaders to revisit terms after one year. President Xi plans to visit the United States, while Trump will travel to China in April 2026.
The trade deal extends beyond China to include fresh agreements with Japan and South Korea. These arrangements signal closer economic cooperation across the Asia-Pacific region. Investors responded to the news with mixed reactions across global markets.
The Bitcoin price has revisited crucial support between $107,000 and $108,000, according to crypto analysts. The cryptocurrency recovered after touching this zone and provided short-term relief to traders. However, analysts warn that the Bitcoin price must reclaim $113,500 to establish upward momentum.
$BTC tapped the $107,000-$108,000 support zone again.
Good to see a bounce back, but Bitcoin needs to reclaim the $113,500 zone soon.
A weekly close below that level will increase the likelihood of a bigger correction. pic.twitter.com/q7C46H8ivb
— Ted (@TedPillows) October 30, 2025
The Bitcoin price currently trades near $107,600 on the four-hour chart, having extended its losses. The cryptocurrency failed to hold above the $110,000 support level, triggering a fresh wave of selling. The Relative Strength Index (RSI) is currently at 29.36, indicating oversold conditions.
The Moving Average Convergence Divergence (MACD) line dropped below the signal line, confirming bearish sentiment. The red histogram bars indicate that downward momentum is expected to continue in the near term. Technical indicators suggest ongoing pressure on the Bitcoin price, despite oversold readings.
A breakout above $110,000 could attract short-term buyers and pave the way for higher levels. Bitcoin price may target $113,500 and $115,000 if bulls regain control of the market. Conversely, continued weakness below $107,000 threatens deeper losses, potentially reaching $104,000 and $101,500.
Analysts emphasize that the Bitcoin price must break above $113,500 on a weekly basis. Failure to overcome this resistance could lead to a larger market correction. The cryptocurrency is facing critical tests at its current support levels as traders assess the market direction.
Maxwell is a crypto-economic analyst and blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.
TLDR Nordea will enable Bitcoin ETP trading on its platforms starting December 2025. The bank…


Strict editorial policy that focuses on accuracy, relevance, and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
Vincent Scott, a well-known voice in the XRP community, urged patience while restating a big claim: he called XRP and the XRP Ledger humanity’s “best chance” to change how money moves around the globe.
His message, shared on X, mixed optimism about Ripple’s corporate moves with a warning that legal clarity must come first.
According to Scott, Ripple’s licensing work, recent acquisitions and new partnerships show the company is lining up for much bigger demand for XRP.
He argued the token’s real value is practical — it can act as gas for transactions or as a bridge currency to move value between different systems.
XRP/XRPL is the best chance we got
We see Ripple the company making all the moves to drive demand and solidify themselves with licensing, acquisitions, and relationships
We know the laws are the goalpost
We understand the concept of it: that XRP is backed by its use to…
— VincentScott (@VincentSco72192) October 26, 2025
Scott believes these changes could cut fraud, increase competition among banks and other payment providers, and speed up settlements.
He also suggested that if countries needed smaller foreign reserves because payments were easier and cheaper, that would shift long-held financial balances.
That kind of shift could face strong pushback. Scott noted a decentralized payment and reserve setup “ruins the existing power structure,” meaning political resistance is likely.
The post prompted a range of reactions from within the XRP crowd. Nenad Stojkovic said Ripple stands out because of its infrastructure and regulatory steps, calling it a rare “serious financial company” in crypto — a view Scott agreed with.
One user, SonOfRichard, argued Ripple’s new product Ripple Prime might lift XRP even without new laws, since it’s already compliant with some rules.
Scott pushed back, replying that real progress still needs clear laws. Other voices were critical; Tommy Raz questioned the company’s top leaders.
He spoke in their favor, saying their actions match the stated mission and that some online comments, especially from Ripple’s CTO David Schwartz, get misunderstood.
I find the #XRP vs ETH debate, and who will outperform fascinating. Certainly Ethereum will fairly soon explode, however, I am coming back to this XRP/ETH chart. Take a look where the bounce occurred and what happened when XRP bounced from that support (twice) in 2017. Also, the… pic.twitter.com/8MlLWi2cjy
— CryptoBull (@CryptoBull2020) October 28, 2025
Meanwhile, a separate market watcher, CryptoBull, said Ethereum is set to surge soon but predicted XRP would outperform ETH in the near term.
Based on market moves, ETH recovered 9% to over $4,200 on Oct. 27 while XRP climbed 10% to $2.68 in the same stretch. Both later fell from those highs.
ETH remains only up 1.4% from its Oct. 22 lows. XRP, by contrast, has kept a 6% gain and sits above the key $2.5 mark.
According to Scott, no major shift will happen until regulators and lawmakers finish their work. He pointed to comments from Rep. French Hill, chair of the House Financial Services Committee, who said Congress could pass the CLARITY Act by the end of the year if the Senate moves.
Featured image from Unsplash, chart from TradingView
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
The open interest in XRP and Solana (SOL) futures and options has reached a record $3 billion on the Chicago…
Bitcoin has struggled to reclaim the short-term holder Realized Price, a key on-chain level. Here’s where the next major support…
Ethereum attire de nouveau les gros portefeuilles et pas timidement. Après des mois où l’attention s’est fragmentée entre L2, memecoins…
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.
We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.
© 2025 NewsBTC. All Rights Reserved.
© 2025 NewsBTC. All Rights Reserved.

A lucky Douglas resident won a $3 million top prize on a Georgia Lottery scratch off ticket.
<br>The winner played the $3,000,000 Jumbo Bucks scratcher and purchased the winning ticket at T&M Food Mart on 1626 South Peterson Avenue in Douglas. The claimed the prize on October 29, 2025, and took the lump sum option – a total of $1,498,857. <br>This is at least the second time a Coffee County resident has won a large prize in the lottery. In July, another lucky winner won $1 million on a scratcher he bought at a store in the county.<div class="g g-13"><div class="g-single a-57"><a class="gofollow" data-track="NTcsMTMsMTA=" href="https://www.walkerjoneschevy.com/searchnew.aspx?Make=Chevrolet&Bodystyle=Crew%20Cab" target="_blank"><img src="https://douglasnow.com/wp-content/banners/WalkerJones071425.jpg" /></a></div></div> <br>As with all Georgia Lottery games, proceeds from scratchers, Fantasy 5, Quick Win, and Diggi Games benefit education in the state of Georgia. <!-- Either there are no banners, they are disabled or none qualified for this location! --> <br><br>Comments are closed.<br><a title="Newell Media" href="http://www.newellmedia.com" target="_blank"> <img class="lazy" style="margin-left: auto;margin-right: auto" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20108%2035'%3E%3C/svg%3E" data-src="https://douglasnow.com/wp-content/uploads/2024/06/NewellMediaFooterLogo4.png" alt="Newell Media" width="108" height="35" /></a><br> Type above and press <em>Enter</em> to search. Press <em>Esc</em> to cancel. <br><br><a href="https://news.google.com/rss/articles/CBMipgFBVV95cUxQNjRuT3kxYnM3X1ctTk9CR0FwOXpTcnF5eV9NZHVVNFlFbEFFTmlFN2dKcGQxV1RBQVZsLWhUY0EzUmFkS2c2b2dXNGNLSnFEREZlanQwWkZ4Ry16WXp1S3plSHY1M29VQVlzZW84VHdxbjBRQnVrVEFNRXpFc3plSHV1Si1ZZ19rbkExdXVMS05XdXlZRU5tOWU0TGNMMmoyYzVXZVRn?oc=5">source</a>