Trends in the Cryptocurrency Market and Notable News (Late October 2025)

Market Overview: Upward on expectations of monetary easing and retreat of geopolitical risks

Bitcoin (BTC) is currently around the $114,000 level, exactly at the midpoint of the range that has persisted since mid-July this year.

On Friday, October 24, the latest U.S. economic data was released. The annual inflation rate rose to 3% for the first time since January, and this has rapidly strengthened expectations in the market that the Federal Reserve (Fed) will cut interest rates next week.

Recently, the probability of a rate cut was reported as high as 98%. In response, the cryptocurrency market showed a modest upward trend.

Additionally, easing geopolitical tensions was a positive factor. President Trump is scheduled to meet Chinese President Xi Jinping in Korea on Thursday, and there were reports that both countries made progress toward a new trade agreement this weekend. Scott Bacent(t) has stated on Sunday that they have reached a “substantial framework” to avoid tariffs on China.

These expectations for monetary easing and the retreat of geopolitical risks are analyzed as the main drivers of current capital inflows into the cryptocurrency market.

According to CoinGecko, Bitcoin (BTC) rose about 2% to briefly surpass $111,500 before pulling back slightly. Meanwhile, the total market capitalization of cryptocurrencies rose about 1.5% to reach $3.85 trillion.

·Ethereum (ETH) rose 2.6% in the last 24 hours to $3,973. Notably, on the 27th, Bitmain announced an addition of about 80,000 ETH. The company’s asset holdings include 3,313,069 ETH of Ethereum, 192 BTC of Bitcoin, shares of the Nasdaq-listed Eight Co. Holdings (roughly ¥13.3 billion equivalent), and cash of $350 million (about ¥46.3 billion).

·BNB (BNB) rose 2.8% to $1,117. Earlier, CZ, the founder of Binance, surged on news of presidential pardon in the U.S., but has since largely traded flat.

·XRP (XRP) rose another 4% to $2.50, with weekly gains approaching 10%.

·Meanwhile, Solana (SOL) and Dogecoin (DOGE) saw gains just slightly above 1% for the day.

·Among individual coins, privacy coin Zcash (ZEC) recorded a significant 14% rise.

Over the past week, BTC rose +5.58%, outperforming traditional financial market benchmarks. While gold underperformed by -4.18%, the Nasdaq-100 and S&P 500 both rose +2.32%, with BTC showing a strong late-week rally, gaining +2.45% on Sunday alone.

Notable News and Points

Rise of Prime Minister Takashi and comments by Arthur Hayes

Following the election of Prime Minister Takashi this week, renowned cryptocurrency influencer Arthur Hayes posted the following heated remarks on Twitter.

“Let's print money and distribute it to people to support food and energy costs. (In reality, this cash handout was canceled.) The reason costs rose is that we printed too much money earlier. This idea is insane, but fine: Yen to 200 per dollar, BTC to 1 million dollars.”

【Discussion】 When Bitcoin rises, it implies a relative decline in the value of fiat currency (yen). This left many people without financial assets facing relative impoverishment, which is a complicated feeling for Japanese people.

The prospect of large-scale monetary easing by Prime Minister Takashi is drawing attention to how much impact it will have on the cryptocurrency market going forward.

On October 29, the Bank of Japan’s policy interest rate decision is scheduled, but with experts divided, the prevailing view is that the rate will be held steady with little chance of a hike.

Gold under $4,000: Capital relocation or overall risk-off in the market

Gold, which is currently in high demand, is moving to fall below $4,000.

· Is this a temporary correction after a recent overbought condition?

· Or does this indicate overall market risk-off sentiment?

In any case, gold appears to have been overbought. The focus is whether capital will flow from gold into Bitcoin, potentially turning into a negative correlation, or if the broader market’s risk-off stance will pull down the cryptocurrency market as well. Given the high probability of Fed rate cuts, some point to a temporary correction as possible.

Central banks worldwide moving toward rate cuts: Unprecedented easing pace

The pace of rate cuts is accelerating globally.

· In the past two years, 312 rate cuts have been implemented (L-rn 313 during the Lehman era, 255 during the COVID period).

· In the past six months, 82% of central banks have implemented rate cuts.

· Kobeissi Letter notes this as an extraordinary easing pace not seen during economic downturns.

The U.S. Fed's rate decision is also scheduled for this week, but with global easing movements, there is a possibility that funds may flow into risk assets due to monetary easing.

Public sector employees increasing cryptocurrency holdings: Concerns about the value of the Japanese yen

A Daiwa Institute of Research report indicates that attitudes toward crypto assets are divided, with particular emphasis on the analysis that “the rate of crypto asset holdings among public employees has been rising in recent years.” This trend suggests concerns about the value of the Japanese yen are spreading even among those who prioritize stability, such as civil servants.

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(This article has been distributed since 2016)

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