The crypto market turned red on Tuesday as traders reduced exposure ahead of Federal Reserve Chair Jerome Powell’s upcoming policy speech. Bitcoin
Bitcoin
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Bitcoin
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$25.74B
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slid below $112,000, last trading near $111,856, down 3% over the day. The global crypto market cap dropped 3.2% to $3.8 trillion, signaling renewed caution after a short-lived rebound. But it’s also the perfect environment for selected crypto to explode next as traders are eager to find profitable investments.
Ethereum
Ethereum
5.01%
Ethereum
ETH
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$1,932.98
5.01% /24h
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$10.80B
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lost 4% to $4,012,
BNB
1.72%
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$582.53
1.72% /24h
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$598.84M
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plunged 10% to $1,205, and
XRP
3.42%
XRP
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$1.12
3.42% /24h
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$1.09B
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fell 5.5% to $2.47. The declines came as markets awaited Powell’s remarks before the National Association for Business Economics (NABE) in Philadelphia, scheduled for 12:20 p.m. ET.
His comments will mark his first major public appearance since the Fed’s September policy meeting, which revealed deep divisions among officials on the pace of future rate cuts.
At that meeting, the Fed cut rates by 0.25% to a range of 4.00%–4.25%, but opinions were split over whether further easing is needed this year. Powell has since stressed that decisions will depend on incoming data — a challenge made harder by the ongoing U.S. government shutdown, which has halted several key economic reports.
With no new data on jobs or inflation, Powell’s speech may provide crucial clues on how the central bank plans to steer policy amid uncertainty.
EXPLORE: 10+ Next Crypto to 100X In 2025
Markets are also watching how Powell balances the Fed’s dual mandate of full employment and price stability. Inflation has remained above 2% for nearly five years, while labor data suggest emerging weakness. If Powell focuses on employment risks, traders may expect more rate cuts: a scenario that could stabilize crypto prices. A stronger focus on inflation, however, could signal a pause in easing and keep digital assets under pressure.
Markets are watching closely for any signal on interest-rate direction that could sway risk sentiment.
On-chain data shows heavy short activity by large traders. Whale 0x9eec9, with $31.8 million in realized profit, now holds $98 million in shorts across DOGE, ETH, PEPE, XRP, and ASTER. Another, 0x9263, with $13.2 million profit, has $84 million in short positions on SOL and BTC.
Besides the #BitcoinOG who made over $160M shorting $BTC and $ETH during the crash, two other whales with significant profits on #Hyperliquid are also heavily shorting the market.
Whale 0x9eec9 — with $31.8M in profit — currently holds $98M in shorts across $DOGE, $ETH, $PEPE,… pic.twitter.com/qZfJIbO6ba
— Lookonchain (@lookonchain) October 14, 2025
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Next Crypto to Explode During This Dip? Stablecoin Market Hits $310 Billion Market Cap
While sentiment is cautious, corrections like this often set the stage for the next breakout phase. Traders are scanning for assets showing resilience — coins with strong liquidity, healthy on-chain activity, or large stablecoin inflows.
The stablecoin market, now at a record $310.7 billion, indicates significant buying power sitting on the sidelines. If Powell’s tone eases or Bitcoin stabilizes above key support, capital could rotate quickly into undervalued altcoins. Historically, such conditions precede sharp rebounds, meaning the next crypto to explode could emerge soon once macro pressure subsides.
The Monad Foundation has officially opened claims for the MON airdrop, targeting over 230,000 eligible participants. Around 5,500 Monad community members and 225,000 active crypto users can now claim their tokens until November 3rd. The distribution rewards contributors across multiple sectors — including Monad Cards holders, Farcaster users, security researchers like ZachXBT, and members of SEAL 911. It also recognizes builders and developers working within the Monad ecosystem. Larry Fink and BlackRock Crypto have changed their tune. The BlackRock CEO, who once dismissed crypto as a fad for speculators, now calls
In an interview with CBS on October 14, Fink said bitcoin has become a legitimate store of value and a hedge for the modern age. His shift marks more than personal conversion but signals how far Wall Street has moved. Bitcoin is no longer the outsider; it’s Fink’s strongest bet. BlackRock Crypto: Is It a Better Investment Than Gold? (What They Think) Larry Fink’s tone has evolved dramatically over the past five years. The world’s largest asset manager now positions Bitcoin as a credible diversification tool. Cryptocurrencies serve the same purpose as gold – a store of value,” Fink said during his CBS interview. According to data from Arkham Intelligence, the U.S. government address transferred 667.624 Bitcoin (worth $74.65 million) to a new wallet — bc1q5l4uhuqxw7s86tjqxaf0t7zf02d5hyv8zv9tmq — about 30 minutes ago, with no further movement since. Arkham’s dashboard shows the U.S. government’s total crypto portfolio valued at $22.9 billion, down 2.85% over the past 24 hours amid market-wide declines. The holdings include 197,354 BTC worth $22.1 billion, 351.4 million USDT, 60.7K ETH valued at $243 million, and 750.7K WBTC worth $84 million. Additional assets include BNB, WBNB, WETH, and AUSDC, indicating diversified exposure across major blockchain networks. Data also highlights $451.8 million in withdrawals from exchanges such as Bitfinex, Binance, and Kraken over the past 1,840 days. Despite short-term volatility, the U.S. government remains one of the largest institutional Bitcoin holders globally, actively managing its on-chain positions. Metaplanet Inc.’s enterprise value has dropped below the worth of its Bitcoin reserves, highlighting fading investor enthusiasm for digital-asset treasury firms. The Tokyo-based company, which shifted to a Bitcoin accumulation strategy in April 2024, once traded at a steep premium to its token holdings. Its shares have since plunged about 70% from their June peak, pushing its market value-to-Bitcoin ratio to 0.99, according to Bloomberg. Metaplanet holds more than 30,000 Bitcoin, valued at roughly $3.4 billion, and recently secured approval to issue preferred shares to fund further purchases. Analysts say the correction marks a broader cooling of “crypto treasury” euphoria that lifted similar firms earlier this year. Japan equity analyst Mark Chadwick described the selloff as “a popping of a bubble,” though long-term Bitcoin supporters may view the discount as a potential buying opportunity.Monad Foundation Opens MON Airdrop Claim for 230,000 Eligible Users Ahead of November 3 Deadline
BlackRock Crypto Makes New Bet: Larry Fink Calls Bitcoin “Digital Gold”
Bitcoin
3.37%
Bitcoin
BTC
Price
$65,259.63
3.37% /24h
Volume in 24h
$25.74B
Price 7d
Learn more
“digital gold.”
U.S. Government Transfers $74.65 Million in Bitcoin to New Address, Still Holds $22.11 Billion in BTC — Arkham Data
Metaplanet’s Market Value Falls Below Its Bitcoin Holdings as Investor Interest Cools
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