Bitcoin News Today: Crypto's Stabilization: A Temporary Truce or a Sustainable Recovery?

The crypto market stabilized in late October as a key U.S.-China trade deal eased geopolitical tensions, sending Bitcoin to a four-month high of $113,781 and sparking renewed investor optimism, according to a TheStreet report and a Brave New Coin analysis. The agreement, reached during talks in Malaysia, addressed tariff disputes and rare-earth export controls, prompting a 1.9% rally in global crypto market capitalization to $3.92 trillion, according to TheStreet.

Bitcoin's rebound mirrored patterns seen during the March 2020 coronavirus crash recovery, with technical analysts noting parallels in its price trajectory, as the Brave New Coin analysis observed. On-chain data showed a $303 million institutional Bitcoin inflow to exchange wallets, including a whale transferring 1,884 BTC to Kraken, signaling sustained buying interest. Meanwhile, Bitcoin's price stabilized above $109,100 after dipping below the cost basis of short-term holders (STHs), a level historically linked to bearish capitulation, Glassnode warns.

Institutional activity remained a focal point. Strategy added 390 BTC to its holdings in the week ending October 26, bringing its total to 640,808 coins at an average price of $74,032, funded through preferred stock sales under its ATM programs. Separately, crypto exchange Bullish seeks a $4.8B IPO, backed by BlackRock and Ark Invest, as it seeks to capitalize on a regulatory-friendly environment and surging demand for crypto infrastructure.

Retail and institutional investors also shifted focus to high-growth opportunities. Shiba Inu (SHIB) lost traction amid accumulation signals in a descending wedge pattern, while investors flocked to Mutuum Finance (MUTM), a DeFi project offering lending and yield farming. MUTM's presale raised $17.95 million from 17,450 participants, with the token appreciating 250% since its launch, as Cryptopolitan reported. Meanwhile, Tapzi's $0.0035 presale attracted attention as the "best crypto to buy now," leveraging skill-based gaming and a capped supply to differentiate itself in a market dominated by buybacks, according to Coindoo.

Despite the optimism, analysts warned of lingering risks. Glassnode highlighted that Bitcoin's STH cohort remains underwater, with a net unrealized loss that could trigger a mid-term bearish phase if the price fails to hold above $109,100. The broader market remains fragmented, with major altcoins showing mixed momentum as investors weigh speculative projects against established assets.

The U.S.-China trade deal provided a temporary reprieve, but macroeconomic factors-including inflation trends and Federal Reserve policy-will likely dictate the next major move. As Bitcoin approaches its 2026 halving cycle, the interplay between institutional demand, regulatory clarity, and geopolitical stability will shape the trajectory of the crypto market.