Binance Market Update (2025-10-23)

The global cryptocurrency market cap now stands at $3.65T, up by 0.05% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $106,667 and $110,298 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $109,410, up by 1.13%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include YB, SOPH, and TURTLE, up by 29%, 20%, and 17%, respectively. Top stories of the day: Ethereum News: Quantum Solutions Adds 2,000 ETH, Becomes 11th-Largest Ethereum Treasury Company Altcoin News: Altcoin ETFs Gain Momentum as U.S. Government Shutdown Stalls SEC Reviews Ethereum Price News: ETH Struggles Below $3,900 as Bulls Lose Momentum Ethereum News: BlackRock’s Ethereum ETF Sees $111 Million in Ethereum Purchases Amid Renewed Institutional Demand Altcoin News: Bitcoin, XRP, Solana, ADA Hold Flat as Google’s Quantum Breakthrough Rekindles Old Crypto Fears Crypto News Today: Young Australians’ Biggest Financial Regret: Ignoring Bitcoin at $400 Crypto News: Bitcoin Miner Debt Surges 500% as Industry Gears Up for Hashrate Arms Race Bitcoin Price News: Bitcoin ETF Outflows Threaten $107K Support as Institutional Demand Weakens Bitcoin News: Tesla Books $80 Million Profit on Bitcoin Holdings in Q3 XRP News: XRP Price Structure Tightens Between $2.33 and $2.44 as Traders Brace for Volatility Break Bitcoin News Today: Is Bitcoin Headed for a Crash Below $100K? ‘Grand Daddy’ Volume Indicator Hits Lowest Since April BNB News: BNB Chain Sees $1.1B Cross-Chain Inflows in 30 Days, Led by deBridge BNB News Today: Why Bulls Must Defend the $1,000 Support Binance Sets 240 Alpha Point Threshold for APR Token Generation Event Crypto News Today 23/10: Bitcoin at Risk of $100K Retest as Altcoin Rallies Fade Bitcoin News Today: Bitcoin Eyes Rebound, but Trump’s Tariff Threats Pressure BTC Below $110K Bitcoin News: Bitcoin May ‘Final Flush’ to $104K Before Bull Market Returns, Analysts Warn Binance Alpha to List Meteora (MET) on October 23, Launches Exclusive Airdrop Bitcoin News Today: Bitcoin on Track for $200K After $19B Crash: Standard Chartered’s Geoff Kendrick Bitcoin News Today: Bitcoin MVRV Ratio Signals Cyclical Bottom Below $110K as Gold Loses Momentum Bitcoin News: Bitcoin’s Self-Custody Era Fades as Whales Move $3B Into ETFs Like BlackRock’s IBIT Bitcoin News: Arthur Hayes Predicts $1M Bitcoin as Japan PM Takaichi Launches Stimulus, QE Pivot Looms Bitcoin News Today: Bitcoin Risks $100K Breakdown as Whale Moves $588M BTC to Exchanges, Opens $234M Short Bitcoin News: Bitcoin Could 6x by 2026 as Global M2 Liquidity Surges to Pandemic Levels Fed Loses Access to Private Employment Data as U.S. Government Shutdown Limits Economic Visibility Top 100 Bitcoin Treasury Companies Hold Over 1.04 Million BTC; 13 Firms Add More This Week 15,965 BTC Linked to Prince Group Chairman Chen Zhi Moved After Three-Year Inactivity U.S. Stocks Fall Again as Nasdaq Drops 0.7% and Fed Concerns Weigh on Market Federal Reserve to Ease Capital Requirements, Cutting Bank Hikes to 3–7% U.S. Trade Representative Discusses Balanced Relations with China Malaysia Nears Trade Agreement with U.S. Amid Tariff Concerns U.S. Treasury Yields Decline Amid Rising Bond Prices Russell Investments: U.S. 10-Year Treasury Yield Near Fair Value Despite Drop Below 4% Hong Kong Approves First Solana Spot ETF, Listing Set for October 27 Binance Leads with $180 Trillion in BTC Spot Trading Volume, According to CryptoQuant Crypto ETF Filings Surge to 155 as Solana and Bitcoin Lead with 23 Applications Each U.S. Senators Push for Swift Open Banking Rule Implementation to Safeguard Crypto Access Barclays Expects Bank of Japan to Raise FY2025 Growth Forecast to 0.8% Bitcoin Derivatives Market Shifts as Options Flows Overtake Futures in Price Influence Jim Cramer Urges Investors to Cut Gold Holdings, Calls It a ‘Speculative Substitute’ for Bitcoin Binance Wallet Launches 41st TGE Event Featuring aPriori (APR) on October 23 Market movers: ETH: $3887.98 (+0.98%) BNB: $1106 (+3.72%) XRP: $2.4108 (+0.75%) SOL: $188.6 (+2.26%) DOGE: $0.19466 (+1.83%) TRX: $0.3226 (-0.52%) ADA: $0.6401 (+0.98%) WBTC: $109435.62 (+1.11%) WLFI: $0.127 (+2.09%) LINK: $17.5 (+0.17%) Top gainers on Binance: YB/USDT (+29%) SOPH/USDT (+20%) TURTLE/USDT (+17%)