Finally the crypto market is showing signs of a steady recovery as BTC BitcoinBTC$111,206.651.28%BitcoinBTCPrice$111,206.651.28% /24hVolume in 24h$51.87BPrice 7d
Learn more climbs above $111,000 and ETH EthereumETH$4,061.141.97%EthereumETHPrice$4,061.141.97% /24hVolume in 24h$31.78BPrice 7d
Learn more rises past $4,000, marking a return of confidence after last week’s pullback. The total market capitalization has moved back toward $3.75 trillion, up more than 3% in the past 24 hours, with traders once again searching for the best crypto to buy amid a cautiously bullish sentiment.
Market Cap
Part of today’s rebound is linked to a mix of macro and technical factors. The delay of the U.S. September CPI report until October 24, caused by the government shutdown, has reinforced expectations of a potential Federal Reserve rate cut later this month. Traders now price in a 78% chance of policy easing at the October 29 meeting, which supports the research for risk assets such as Bitcoin and Ethereum.
Lower rates typically reduce the cost of holding non-yielding assets, giving the markets a natural lift.
Meanwhile, discussions between Ripple, Coinbase, and U.S. lawmakers have brought regulatory clarity back into focus. While no major decisions have been finalized, the renewed dialogue between industry leaders and policymakers reflects a more constructive tone compared to earlier standoffs. Some proposed restrictions on anonymous DeFi protocols remain a concern, but overall sentiment has improved.
Altcoins Lead the Comeback: From DeSci to Memecoins, What’s the Best Crypto to Buy?
Altcoins are following the rebound, with SOL SolanaSOL$193.270.14%SolanaSOLPrice$193.270.14% /24hVolume in 24h$5.90BPrice 7d
Learn more regaining strength above $190, while DeSci-focused Bio Protocol BIO ProtocolBIO$0.116548.68%BIO ProtocolBIOPrice$0.116548.68% /24hVolume in 24h$124.01MPrice 7d
Learn more is attracting interest once again.
However, Bio Protocol’s BIO token remains under pressure after a 75% drawdown since the launch of $AUBRAI, the platform’s first XP event. Despite weak demand and ongoing FUD, the project’s supporters, including founder Paul Khls, are working on revamping the BIOXP mechanism to favor BIO tokens over DAO or Agent assets.
Meme tokens are also surging, led by Useless CoinUSELESS$0.34963.97%Useless CoinUSELESSPrice$0.34963.97% /24hVolume in 24h$49.42MPrice 7d
Learn more and Ribbita Ribbita by VirtualsTIBBIR$0.319712.27%Ribbita by VirtualsTIBBIRPrice$0.319712.27% /24hVolume in 24h$3.78MPrice 7d
Learn more : the latter hitting a fresh all-time high with a $323 million market cap.
Today’s market recovery reflects a blend of macro optimism and renewed technical strength. Whether this uptrend can hold will depend on Friday’s CPI data.
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Finally the crypto market is showing signs of a steady recovery as BTC
Bitcoin
BTC
$111,206.65
1.28%
Bitcoin
BTC
Price
$111,206.65
1.28% /24h
Volume in 24h
$51.87B
Price 7d
Learn more
climbs above $111,000 and ETH
Ethereum
ETH
$4,061.14
1.97%
Ethereum
ETH
Price
$4,061.14
1.97% /24h
Volume in 24h
$31.78B
Price 7d
Learn more
rises past $4,000, marking a return of confidence after last week’s pullback. The total market capitalization has moved back toward $3.75 trillion, up more than 3% in the past 24 hours, with traders once again searching for the best crypto to buy amid a cautiously bullish sentiment.
Part of today’s rebound is linked to a mix of macro and technical factors. The delay of the U.S. September CPI report until October 24, caused by the government shutdown, has reinforced expectations of a potential Federal Reserve rate cut later this month. Traders now price in a 78% chance of policy easing at the October 29 meeting, which supports the research for risk assets such as Bitcoin and Ethereum.
Lower rates typically reduce the cost of holding non-yielding assets, giving the markets a natural lift.
Meanwhile, discussions between Ripple, Coinbase, and U.S. lawmakers have brought regulatory clarity back into focus. While no major decisions have been finalized, the renewed dialogue between industry leaders and policymakers reflects a more constructive tone compared to earlier standoffs. Some proposed restrictions on anonymous DeFi protocols remain a concern, but overall sentiment has improved.
EXPLORE: Best New Cryptocurrencies to Invest in 2025
Altcoins Lead the Comeback: From DeSci to Memecoins, What’s the Best Crypto to Buy?
Altcoins are following the rebound, with SOL
Solana
SOL
$193.27
0.14%
Solana
SOL
Price
$193.27
0.14% /24h
Volume in 24h
$5.90B
Price 7d
Learn more
regaining strength above $190, while DeSci-focused Bio Protocol
BIO Protocol
BIO
$0.1165
48.68%
BIO Protocol
BIO
Price
$0.1165
48.68% /24h
Volume in 24h
$124.01M
Price 7d
Learn more
is attracting interest once again.
However, Bio Protocol’s BIO token remains under pressure after a 75% drawdown since the launch of $AUBRAI, the platform’s first XP event. Despite weak demand and ongoing FUD, the project’s supporters, including founder Paul Khls, are working on revamping the BIOXP mechanism to favor BIO tokens over DAO or Agent assets.
DISCOVER: Is Keir Starmer Coming For Your Crypto? UK Crypto Tax Raid Targets 65,000 Traders
Meme tokens are also surging, led by
Useless Coin
USELESS
$0.3496
3.97%
Useless Coin
USELESS
Price
$0.3496
3.97% /24h
Volume in 24h
$49.42M
Price 7d
Learn more
and Ribbita
Ribbita by Virtuals
TIBBIR
$0.3197
12.27%
Ribbita by Virtuals
TIBBIR
Price
$0.3197
12.27% /24h
Volume in 24h
$3.78M
Price 7d
Learn more
: the latter hitting a fresh all-time high with a $323 million market cap.
Today’s market recovery reflects a blend of macro optimism and renewed technical strength. Whether this uptrend can hold will depend on Friday’s CPI data.
There are no live updates available yet. Please check back soon!
The post [LIVE] Crypto News Today, October 20 – Why Is Crypto Up Today? Market Recovers as Bitcoin Reclaims $110K and Ethereum $4K: Best Crypto to Buy? appeared first on 99Bitcoins.