[LIVE] Crypto News Today, October 24 – BNB Rallies After CZ Pardon, BTC Price Reclaims $110K and Everyone Is Waiting for CPI Data: Is Uptober Finally Here?! Best Crypto to Buy
BY
Ben Graham
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The crypto market looks more optimistic today as traders search for the best crypto to buy while macro headlines continue to shift rapidly.
Bitcoin
BTC
$110,961.17
2.09%
Bitcoin
BTC
Price
$110,961.17
2.09% /24h
Volume in 24h
$52.55B
Price 7d
Learn more
reclaimed the key $110,000 level,
BNB
BNB
$1,122.87
4.73%
BNB
BNB
Price
$1,122.87
4.73% /24h
Volume in 24h
$4.65B
Price 7d
Learn more
surged on the news of a presidential pardon, and sentiment is once again attempting to align with the bullish “Uptober” narrative.
October has delivered significant extremes. Bitcoin hit a new all-time high near $126,350 early in the month, followed by one of the most dramatic liquidation events in crypto history. The market saw cascading auto-deleveraging and altcoins down 60 to 90 percent intraday. These events strained confidence just as Uptober was supposed to shine.
Bitcoin has since shown resilience, bouncing from sub-$100,000 lows and stabilizing near $110,000 with intraday gains above 1 percent. Traders hope the final week of the month will restore its historically bullish October record.
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BNB Surges After Trump Pardons CZ; CPI, China Trade Talks, and Investor Patience
One of the standout moves today came from BNB. Its price jumped more than 7 percent after President Trump granted a full pardon to former Binance CEO Changpeng Zhao. The decision repositions Binance more favorably with U.S. regulators, according to market speculation, and traders interpreted this as a signal that Washington may be shifting toward a more supportive crypto stance.
The highly anticipated U.S. CPI reading arrives today, with expectations pointing toward a slight uptick in inflation. Any figure above the 3 percent consensus could fuel volatility across risk assets. Meanwhile, diplomatic developments between Trump and China remain unpredictable. Market observers hope that upcoming trade discussions in Asia will reduce tensions over tariffs and rare earths.
Global equities, gold, and oil have all experienced sharp price adjustments this week. Gold remains near record highs above $4,000, while the U.S. Dollar Index trades close to 99.00.
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Best Crypto to Buy: Relief Rallies Across Several Altcoin Sectors
Relief flows are making their way into selective altcoins. Falcon Finance leads with over 20 percent daily gains, while AVANT, ApeCoin, Humanity Protocol, and FTT all show strong momentum. Fartcoin and Virtuals Protocol are regaining attention within high-beta sectors. Artificial Superintelligence Alliance (FET) posted a double-digit rebound. Pump.fun also registered a notable 9 percent rise.
(Source: Coingecko)
If Uptober wants a triumphant conclusion, this rotation into smaller assets will need continuation. Traders remain cautious, although renewed enthusiasm suggests that the search for the best crypto to buy is amplifying again as markets approach the weekend.
Whales seem bullish on PUMP
Two large whales appear to be accumulating PUMP (the native token of the Pump.fun platform). One wallet (BGSLvB) recently withdrew 2 million USDC from Kraken and purchased 517.97 million PUMP. Shortly afterward, another whale (0x3024) deposited 3 million USDC into Hyperliquid and opened a 2× long position on 735 million PUMP (roughly US$3.04 million).
PUMP’s current price is about US$0.004146, up nearly 12% in 24 hours. Short-term technical levels to watch: a confirmed higher high above $0.45 would suggest bullish momentum, with a grind toward S$0.76 needed to challenge the current swing structure.
The post [LIVE] Crypto News Today, October 24 – BNB Rallies After CZ Pardon, BTC Price Reclaims $110K and Everyone Is Waiting for CPI Data: Is Uptober Finally Here?! Best Crypto to Buy appeared first on 99Bitcoins.