Bitcoin News Today: Institutional Moves and Altcoin Surge Signal Crypto's Next Growth Phase

Bitcoin's recent price action has sparked debate over whether the cryptocurrency has peaked for this cycle, with institutional moves and market dynamics shaping the narrative. On October 31, 2025, Bitcoin (BTC) climbed 0.54% to $110,183.99, rebounding from a 3.42% weekly drop amid Federal Reserve rate cuts and geopolitical risks, a Bitget report noted. This resilience was bolstered by Prenetics, a health sciences firm, which acquired $11 million in Bitcoin, increasing its holdings to 378 BTC ($41 million) following a $44 million equity raise. CEO Danny Yeung emphasized the purchase as part of a strategic plan to accumulate Bitcoin while scaling Prenetics' IM8 supplement business, which has hit $100 million in annual recurring revenue, Investorempires reported.

The broader market remains in wait-and-see mode, with Bitcoin testing the $109,000 level—a key historical support zone, the Bitget report said. Analysts note that if this threshold holds, further gains could follow, but a break below risks consolidation. Technical indicators suggest Bitcoin's resilience is growing, with its 0.85 cost-basis band around $109,000 signaling a potential inflection point, according to the Bitget coverage. Meanwhile, institutional confidence in Bitcoin as a strategic asset is rising, with Prenetics joining a growing list of firms allocating capital to digital assets.

Price predictions for 2025 remain mixed but cautiously bullish. Bitcoin is projected to average $125,727, with a potential range of $110,532 to $144,959, driven by ETF inflows, post-halving supply constraints, and institutional adoption, according to a FinanceFeeds forecast. Looking further ahead, 2030 forecasts range from $244,000 to $272,000, with 2040 models suggesting an average of $1.08 million, contingent on sustained adoption and macroeconomic stability. However, ETF flows have been volatile, with $488.43 million in outflows recorded on October 30, 2025, primarily from BlackRock's IBIT ETF, TradingView reported.

Amid Bitcoin's consolidation, alternative cryptocurrencies are gaining traction. Noomez ($NNZ), a deflationary presale project, has raised $7,572.93 in its early stages, offering a structured model with token burns and a 10% referral system. Meanwhile, Remittix (RTX) is emerging as a top contender for 2026 portfolios, with its PayFi infrastructure enabling crypto-to-bank transfers across 30+ countries. Analysts highlight RTX's CertiK verification, real-world utility, and exchange listings as key differentiators, per a Brave New Coin analysis and Blockonomi coverage. Solana and Cardano are also in focus, with Solana ETFs showing inflows despite price struggles near $180, Outlook India reported.

The market's cautious optimism is underscored by Steak 'n Shake's Bitcoin integration, which promises 210 sats per meal, and France's plan to allocate 2% of reserves to Bitcoin, CryptoNews reported. However, challenges persist, including supply chain delays for U.S. military hardware deliveries to Taiwan involving RTX and Lockheed Martin, Yahoo Finance reported.

As the crypto landscape evolves, Bitcoin's role as a macro hedge and institutional asset is becoming clearer. Whether this cycle has peaked remains uncertain, but the interplay of corporate treasury strategies, ETF dynamics, and emerging projects like Remittix and Noomez suggests a market primed for the next phase of growth.