The events that took place last Friday were quite painful as bitcoin\u2019s price tumbled from over $110,000 to under $104,500 in the span of just a day or so. However, the asset finally found a solid floor at that point and started to recover in the following days.<\/p>\n
At first, it returned to $107,000, where it spent most of the weekend trading sideways. The bulls began a more impressive leg up that drove the asset to just over $111,000. It retraced sharply on Tuesday morning but skyrocketed in the evening past $114,000 to set a weekly high. However, this sporadic rally came to a halt almost immediately, and the subsequent rejection was quite violent.<\/p>\n
In just hours, BTC found itself dumping toward $106,000, thus erasing nearly $8,000. The support at that level held and prevented bitcoin from another leg down to under $105,000 for the second time in less than a week.<\/p>\n
The cryptocurrency began its gradual ascent and tapped $111,000 earlier today. More volatility was expected<\/a> as the day progressed due to the highly anticipated US CPI data for September. Once those numbers came out, and were lower than anticipated, BTC shot up<\/a> by a grand to $112,000, only to be stopped again and drive south to its starting point.<\/p>\n Still, the weekly chart is quite promising as it shows a healthy 5.7% increase. Many altcoins have posted even more impressive gains within this timeframe, including DOGE, SOL, LINK, HYPE, and BCH.<\/p>\n The total crypto market cap has recovered $200 billion and is up to $3.850 trillion on CG.<\/p>\n <\/a>Weekly Market Overview: Source: QuantifyCrypto<\/p>\n Market Cap: $3.850T | 24H Vol: $160B | BTC Dominance: 57.7%<\/p>\n BTC: $111,350 (+5.7%) | ETH: $3,965 (+5%) | XRP: $2.48 (+8.9%)<\/p>\n Jamie Dimon\u2019s JPMorgan Embraces Crypto: BTC and ETH to Be Used as Collateral (Report)<\/strong>. The big news from Friday, at least before the US CPI numbers were announced, came from JPMorgan as a Bloomberg report indicated<\/a> that the banking organization plans to allow its global institutional clients to use their BTC and ETH as collateral for loans.<\/p>\n Bitcoin\u2019s Next Move Depends on These 3 Key Factors<\/strong>. The primary cryptocurrency has traded mostly sideways for the past week, but there are several catalysts that can move<\/a> it. Namely, those are the aforementioned CPI data and the subsequent FOMC meeting next week, the US government reopening, and the Trump-Xi meeting scheduled to take place by the end of the month.<\/p>\n Donald Trump Grants Pardon to Changpeng Zhao (CZ): Reports<\/strong>. The US President continues with his positive approach to the crypto industry and (some of) its participants by granting<\/a> a presidential pardon to the founder of Binance, Changpeng Zhao. The exec expressed his gratitude to Trump on social media, but there was also some controversy from the POTUS\u2019s actions.<\/p>\n Coinbase Acquires Echo in a $375 Million Deal<\/strong>. The largest US-based crypto exchange has made several big moves in 2025, with the latest being splashing<\/a> $375 million to acquire Cobie\u2019s capital-raising platform, Echo. The deal was executed in a mix of cash and stock.<\/p>\n Hyperliquid Strategies Targets Massive Expansion After $1 Billion S-1 Filing<\/strong>. The entity behind the popular exchange filed<\/a> an S-1 statement with the US Securities and Exchange Commission to raise up to $1 billion in a public offering. It plans to use the proceeds for general corporate purposes, including expanding its HYPE token treasury holdings.<\/p>\n New Monday, New Bitcoin Purchase: Strategy Increases Its Holdings to 640,418 BTC<\/strong>. It wouldn\u2019t be a regular post-US election Monday if Saylor\u2019s Strategy didn\u2019t announce its latest BTC acquisition. The company spent<\/a> $18.8 million to acquire 168 bitcoins at an average price of $112,051 per unit.<\/p>\n This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid \u2013\u00a0click here for the complete price analysis<\/a>.<\/p>\n The post Bitcoin Reclaims $110K Ahead of FOMC Meeting After Bullish CPI Data: Your Weekly Crypto Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The events that took place last Friday were quite painful as bitcoin\u2019s price tumbled from over $110,000 to under $104,500 in the span of just a day or so. However, the asset finally found a solid floor at that point and started to recover in the following days. At first, it returned to $107,000, where […]<\/p>\n","protected":false},"author":0,"featured_media":107503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-107502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107502"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=107502"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107502\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/107503"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Market Data<\/h2>\n
This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n
Charts<\/h2>\n
![<\/a>Weekly Market Overview: Source: QuantifyCrypto<\/p>\nMarket Cap: $3.850T | 24H Vol: $160B | BTC Dominance: 57.7%<\/p>\nBTC: $111,350 (+5.7%) | ETH: $3,965 (+5%) | XRP: $2.48 (+8.9%)<\/p>\nThis Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\nJamie Dimon\u2019s JPMorgan Embraces Crypto: BTC and ETH to Be Used as Collateral (Report)<\/strong>. The big news from Friday, at least before the US CPI numbers were announced, came from JPMorgan as a Bloomberg report indicated<\/a> that the banking organization plans to allow its global institutional clients to use their BTC and ETH as collateral for loans.<\/p>\nBitcoin\u2019s Next Move Depends on These 3 Key Factors<\/strong>. The primary cryptocurrency has traded mostly sideways for the past week, but there are several catalysts that can move<\/a> it. Namely, those are the aforementioned CPI data and the subsequent FOMC meeting next week, the US government reopening, and the Trump-Xi meeting scheduled to take place by the end of the month.<\/p>\nDonald Trump Grants Pardon to Changpeng Zhao (CZ): Reports<\/strong>. The US President continues with his positive approach to the crypto industry and (some of) its participants by granting<\/a> a presidential pardon to the founder of Binance, Changpeng Zhao. The exec expressed his gratitude to Trump on social media, but there was also some controversy from the POTUS\u2019s actions.<\/p>\nCoinbase Acquires Echo in a $375 Million Deal<\/strong>. The largest US-based crypto exchange has made several big moves in 2025, with the latest being splashing<\/a> $375 million to acquire Cobie\u2019s capital-raising platform, Echo. The deal was executed in a mix of cash and stock.<\/p>\nHyperliquid Strategies Targets Massive Expansion After $1 Billion S-1 Filing<\/strong>. The entity behind the popular exchange filed<\/a> an S-1 statement with the US Securities and Exchange Commission to raise up to $1 billion in a public offering. It plans to use the proceeds for general corporate purposes, including expanding its HYPE token treasury holdings.<\/p>\nNew Monday, New Bitcoin Purchase: Strategy Increases Its Holdings to 640,418 BTC<\/strong>. It wouldn\u2019t be a regular post-US election Monday if Saylor\u2019s Strategy didn\u2019t announce its latest BTC acquisition. The company spent<\/a> $18.8 million to acquire 168 bitcoins at an average price of $112,051 per unit.<\/p>\nCharts<\/h2>\nThis week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid \u2013\u00a0click here for the complete price analysis<\/a>.<\/p>\nThe post Bitcoin Reclaims $110K Ahead of FOMC Meeting After Bullish CPI Data: Your Weekly Crypto Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The events that took place last Friday were quite painful as bitcoin\u2019s price tumbled from over $110,000 to under $104,500 in the span of just a day or so. However, the asset finally found a solid floor at that point and started to recover in the following days. At first, it returned to $107,000, where […]<\/p>\n","protected":false},"author":0,"featured_media":107503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-107502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107502"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=107502"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107502\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/107503"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-24-160308.png\"){kind=link}