📰 Crypto News - Oct 27, 2025
Markets are recovering nicely. Bitcoin climbed back to $113,422 (up 1.68%) and Ethereum hit $4,062 (up 2.77%). Solana also bounced to $197.85. The mood is shifting positive after last week's chaos.
US Treasury Secretary Scott Bessent just dropped some good news. He said US and China made "substantial progress" on a trade framework deal. The 100% tariffs that were supposed to hit China in October? Probably not happening now. Markets are loving this.
Big regulatory news from Kyrgyzstan. They launched a national stablecoin on BNB Chain AND their Central Bank Digital Currency (CBDC) is ready for rollout. They even set up a National Cryptocurrency Reserve with BNB included. CZ is personally involved in helping them build this infrastructure.
Strategy (formerly MicroStrategy) keeps stacking. They bought another 168 Bitcoin at $112,051 each between Oct 13-19. They now hold 640,418 BTC total with an aggregate purchase price of $47.4 billion. Michael Saylor isn't slowing down.
Japan's financial regulator is considering letting banks hold Bitcoin and other cryptocurrencies. This would be massive for institutional adoption in Asia. Growing acceptance from traditional finance continues.
BlackRock's head of digital assets said the recent Bitcoin crash was driven by highly leveraged offshore futures exchanges. Less than 2% of total Bitcoin ownership is on these exchanges, but they account for most daily trading volume. The real holders didn't panic.
Bottom line: Macro improving with US-China progress. Institutions accumulating. Retail still cautious. Classic setup before the next leg up.
