The bitcoin logo adorns socks (Britta Pedersen/Getty Images)

Bitcoin rises as China talks, Fed cut trigger risk appetite

Uptober is back on for bitcoin.

10/27/25 10:38AM

bitcoin reclaimed $115,000 over the weekend and is up 1% in the past 24 hours as optimism over trade talks with China and the impending Fed rate cut decision on Wednesday are buoying market risk appetite.

Geoff Kendrick, Standard Chartered’s global head of digital assets research, wrote in a note that the bitcoin-gold ratio is rising, a positive sign, and said that ETF rotation back into bitcoin would further solidify bitcoin’s trajectory.

“Wed-Fri last week saw more than USD2bn leave US gold ETFs. It would be confirmation of a more positive bitcoin backdrop if we had half of that re-enter Bitcoin ETFs Mon-Wed this week,” he wrote.

According to Farzam Ehsani, cofounder and CEO of crypto exchange VALR, the next technical milestone to overcome sits at the $116,000 to $117,000 range, with potential upside targets in the $126,000 to $130,000 range by year-end.

“However, without the broader participation of retail buyers and a resurgence in ETF inflows, the current rally may remain structurally dependent on whales and institutional desks — leaving it vulnerable to sudden profit-taking if the macro narrative falters,” he said.

Timothy Misir, head of research at Blockhead Research Network, echoed the sentiment, saying that while macro headlines did the heavy lifting, “the market’s reaction function is now very headline-dependent: good news sparks outsized squeezes; any backtracking could provoke sharp reversals.”

Misir said in a Monday note that a bull trigger would be sustained ETF inflows, while a bear trigger would be a reversal in US-China headlines or a hawkish Fed surprise. As for technical triggers, losing the $108,500 to $110,000 support band with widening liquidations would open a path to the next structural supports near $104,000 to $100,000.

Bitcoin ETFs registered $446.36 million in inflows last week, according to SoSoValue.

In other bitcoin news:

Ahead of its earnings report on Thursday, Strategy acquired 390 bitcoin for $43.4 million and now holds 640,808 bitcoin.
American Bitcoin, the Hut 8 subsidiary backed by Eric Trump and Donald Trump Jr., acquired 1,414 bitcoin and now holds 3,865 bitcoin. The company began trading on the Nasdaq in September.
While Strive Inc. is having a banner day, the number of bitcoin treasuries valued lower than their bitcoin holdings continues to pile up. BitcoinQuant data shows that the ones with an mNAV below 1 include Metaplanet, Nakamoto, Semler Scientific, ProCap BTC, and BitFuFu.

Yaël Bizouati-Kennedy

Bitcoin ETFs take in more than $2 billion in 8 days

The path to $80,000 is clear in the short term, according to one analyst.

Yaël Bizouati-Kennedy

dead-cat bounce?

24h

Bitcoin faces $80,000 resistance level

“Out of the woods short-term? No. Bitcoin crossing $78K is a bounce, not a bottom,” according to Zaid Khan.

Walking The Divide: Nicosia, The World's Last Divided Capital

Sage D. Young4/22/26

Justin Sun sues Trump-backed World Liberty over frozen tokens

Crypto billionaire Justin Sun, owner of the world’s most expensive banana, was named an adviser to World Liberty Financial the day after investing $30 million in the project. (He’d later boost that with $45 million more.) Sun has long been a supporter of President Trump, and has not once, but twice topped a competition to amass the most $TRUMP coins. But it seems even for Sun, the gold has turned brass.

Sun announced on social media that he’s filed a lawsuit in a California federal court against the crypto project backed by Trump.

The lawsuit alleges World Liberty engaged in an “illegal scheme to seize property” and “positioned itself as the new boogeyman” by stripping Sun of his governance rights, threatening to burn his WLFI tokens, and freezing his stash, which at times were worth $1 billion, according to the complaint dated on Tuesday.

“I have tried in good faith to resolve this situation with the World Liberty project team without resorting to litigation,” Sun wrote in a lengthy X post on Tuesday night. “But the project team has refused my requests to unfreeze my tokens and restore my rights as a token holder. They have left me with no choice but to turn to the courts.”

The complaint also alleged that World Liberty appears to be in financial trouble, citing concerns over whether the project can repay an on-chain loan that was collateralized by using, at the time, $5 billion worth of WLFI. The token reached an all-time low less than two weeks ago.

Despite the escalation with World Liberty, Sun said the lawsuit does not change his feelings about Trump or his administration. “I have always been — and remain — an ardent supporter of President Trump and his Administration’s efforts to make America crypto friendly,” he said.