The crypto market looks more optimistic today as traders search for the best crypto to buy while macro headlines continue to shift rapidly. Bitcoin Bitcoin 1.29% Bitcoin Bitcoin BTC Price $64,231.88 1.29% /24h Volume in 24h $16.50B Price 7d Learn more reclaimed the key $110,000 level, BNB BNB 1.20% BNB BNB BNB Price $587.80 1.20% /24h Volume in 24h $488.81M Price 7d Learn more  surged on the news of a presidential pardon, and sentiment is once again attempting to align with the bullish “Uptober” narrative.

October has delivered significant extremes. Bitcoin hit a new all-time high near $126,350 early in the month, followed by one of the most dramatic liquidation events in crypto history. The market saw cascading auto-deleveraging and altcoins down 60 to 90 percent intraday. These events strained confidence just as Uptober was supposed to shine.

Bitcoin has since shown resilience, bouncing from sub-$100,000 lows and stabilizing near $110,000 with intraday gains above 1 percent. Traders hope the final week of the month will restore its historically bullish October record.

Market Cap

EXPLORE: 10+ Next Crypto to 100X In 2025

BNB Surges After Trump Pardons CZ; CPI, China Trade Talks, and Investor Patience

One of the standout moves today came from BNB. Its price jumped more than 7 percent after President Trump granted a full pardon to former Binance CEO Changpeng Zhao. The decision repositions Binance more favorably with U.S. regulators, according to market speculation, and traders interpreted this as a signal that Washington may be shifting toward a more supportive crypto stance.

The highly anticipated U.S. CPI reading arrives today, with expectations pointing toward a slight uptick in inflation. Any figure above the 3 percent consensus could fuel volatility across risk assets. Meanwhile, diplomatic developments between Trump and China remain unpredictable. Market observers hope that upcoming trade discussions in Asia will reduce tensions over tariffs and rare earths.

Global equities, gold, and oil have all experienced sharp price adjustments this week. Gold remains near record highs above $4,000, while the U.S. Dollar Index trades close to 99.00.

DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025

Best Crypto to Buy: Relief Rallies Across Several Altcoin Sectors

Relief flows are making their way into selective altcoins. Falcon Finance leads with over 20 percent daily gains, while AVANT, ApeCoin, Humanity Protocol, and FTT all show strong momentum. Fartcoin and Virtuals Protocol are regaining attention within high-beta sectors. Artificial Superintelligence Alliance (FET) posted a double-digit rebound. Pump.fun also registered a notable 9 percent rise.

Virtuals Protocol - Best crypto to buy right now?

(Source: Coingecko)

If Uptober wants a triumphant conclusion, this rotation into smaller assets will need continuation. Traders remain cautious, although renewed enthusiasm suggests that the search for the best crypto to buy is amplifying again as markets approach the weekend.

US CPI Cools to 3%, Slightly Below Expectations as Bitcoin Holds $111,000

Fatima
By Fatima

The latest U.S. CPI data showed inflation easing to 3.0% year-over-year, slightly below expectations. Core CPI also slowed to 3%, reinforcing hopes the Federal Reserve could begin cutting rates at its upcoming October 29 meeting. The market reacted quickly, with Bitcoin (BTC) jumping to $112,176 before stabilizing near $111,400, maintaining key support above $110K.

 

Crypto wallet project Vultisig will initiate its whitelist token issuance on October 27, with a Kraken listing 24 hours later

Fatima
By Fatima

The self-custodial multi-chain wallet Vultisig will open its whitelist token issuance on October 27, followed by a planned listing on Kraken a full 24 hours later. Vultisig offers a live multichain MPC wallet interface with no seed phrases and no single point of failure. To date the platform has reportedly generated around $400,000 in cross-chain swap fees over the past year. Backing for the project includes major names such as Arca, Delphi Digital and Wintermute. 

JPMorgan to Expand Crypto-Backed Financing for Institutional Clients

Fatima
By Fatima

According to Bloomberg, JPMorgan Chase plans to deepen its involvement in digital assets by enabling institutional clients to use Bitcoin and Ether as collateral for loans before year-end. According to individuals familiar with the initiative, the bank will employ a third-party custodian to safeguard pledged crypto holdings, expanding on its earlier acceptance of crypto-linked ETFs as collateral.

This move highlights the accelerating integration of digital assets into mainstream banking infrastructure, particularly as regulatory conditions ease and crypto markets grow. It marks a strategic shift for JPMorgan, whose CEO Jamie Dimon once dismissed Bitcoin, yet now allows it to be treated like traditional assets such as equities, bonds, or gold in secured financing.

Major Wall Street institutions are following a similar path. Morgan Stanley aims to offer crypto access to retail investors through E*Trade, while State Street, BNY Mellon, and Fidelity are expanding custody and other crypto services.

Whales seem bullish on PUMP

Fatima
By Fatima

Two large whales appear to be accumulating PUMP (the native token of the Pump.fun platform). One wallet (BGSLvB) recently withdrew 2 million USDC from Kraken and purchased 517.97 million PUMP. Shortly afterward, another whale (0x3024) deposited 3 million USDC into Hyperliquid and opened a 2× long position on 735 million PUMP (roughly US$3.04 million).

PUMP’s current price is about US$0.004146, up nearly 12% in 24 hours. Short-term technical levels to watch: a confirmed higher high above $0.45 would suggest bullish momentum, with a grind toward S$0.76 needed to challenge the current swing structure.

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Fatima
Fatima
Crypto Journalist

Fatima is a rising crypto journalist with a sharp eye for hidden gems and technical analysis. When she's not charting the next big breakout or diving into onchain data, a firm believer that alpha is where you least expect it,... Read More

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