Cryptocurrency News Today: Market Updates & Analysis podcast.
What a wild week it’s been in crypto, friends—Crypto Willy here, your favorite tech-head next door, ready to break down the latest from the blockchain battleground as of October 28, 2025. If you blinked, you might’ve missed the storm: more than $217 million vaporized in a single day, with Bitcoin and Ethereum leading a cascade of liquidations. Most reports, including The Economic Times, highlight it wasn’t just longs; shorts got hit too, as margin calls dominoed and even a modest 2–3% drop in Bitcoin triggered major liquidations. Leverage gremlins strike again!
Market confidence is still on edge, but not everything is doom and gloom. According to CoinDesk, Bitcoin recovered from $111K and hovers around $114,000, steadying as everyone eyes the Federal Reserve’s policy meeting this week. The expectation is for a 25-point rate cut, dialing Fed rates to the 4.00–4.25% range—which, if Chair Jerome Powell signals any more dovishness, could send some fresh wind into the sails of both crypto and equities.
Ethereum stayed much more resilient amid the fireworks. Investors are watching closely for signals on ETH staking and potential ETF approvals, with developers quietly prepping network upgrades aimed at increasing scalability before the next major hard fork. Meanwhile, transaction volumes in DeFi and NFTs continue to underpin ETH’s network leadership. Solana took a breather after profit-taking—no surprise after being 2025’s breakout layer-1 superstar. With institutional payments and gaming buzzing, Solana is still top-tier in on-chain activity. Ripple’s XRP actually inched up this week, outperforming major peers as Asia and the Middle East push global payment adoption, with fresh speculation about more institutional inflows swirling.
But here’s where it gets spicy: not all altcoins got hammered. CryptoNinjas put the spotlight on Digitap, Hyperliquid, and Cardano, which bucked the trend and remained stable. That kind of resilience has rekindled investor confidence wordwide. As always, it pays to look under the hood at the projects actually delivering.
Institutional energy is off the charts—CME Group says Q3 smashed records with over $900 billion in crypto futures and options volume, and more than a thousand big-money players holding open positions. That’s not just retail mania; it’s old-school finance planting a flag in crypto’s soil. Ethereum led the derivatives surge, while Solana and XRP reached milestones for both volume and open interest. This shows the space is broadening fast, with more players diving into new products like spot-quoted futures and round-the-clock options.
The overall global market cap, according to Binance and CoinMarketCap, is just shy of $3.9 trillion—down about 0.5% on the week but holding above critical levels. BTC’s dominance is steady, and daily trading volume reflects robust retail and institutional activity, suggesting that, despite the volatility, the foundation of crypto as an asset class is stronger than ever.
Folks, volatility is the price of admission in crypto, but this week shows just how much the game is evolving—from overnight liquidations to institutional tailwinds, macroeconomic chess moves, and altcoins flexing muscle. That’s the wrap for this week! Thanks for tuning in—come back next week for more digital asset drama. This has been a Quiet Please production, and for more on me and the show check out Quiet Please Dot A I.
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