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Crypto News Today, October 29: Bitcoin Price to Pump with FOMC Meeting Prediction at 25 bps Rate Cut | Crypto Is Back?

It’s a busy start to the week for crypto today, with Bitcoin quietly heating up just as markets brace for the news on the upcoming FOMC meeting. Most traders are betting on a 25 bps rate cut, and that tiny policy tweak could end up lighting a serious spark across crypto. Right now, the prediction on bitcoin price floating around hopes that if Jerome Powell hints at easier conditions ahead, Bitcoin could finally push into a new zone of strength.

Bitcoin sits at above $113,000, still down about 0.7% since yesterday, despite bullish prediction. Crypto’s total value locked is around $154 billion, slightly lower than last week, but steady given the choppy market tone. The setup feels like calm before a bigger shift, that maybe the FOMC meeting results will deliver the nudge that forces another run.

DISCOVER: 9+ Best Memecoin to Buy in 2025

Bitcoin Price Prediction and What the FOMC Meeting results, like a Rate Cut, Could Mean

Market probabilities from CME FedWatch put the odds of that rate cut at nearly 99.9%, making it one of the most priced-in decisions of the year. 

Crypto news today sees Bitcoin price prediction surge as traders await the FOMC meeting and a possible 25 bps rate cut.Crypto news today sees Bitcoin price prediction surge as traders await the FOMC meeting and a possible 25 bps rate cut.

(source – CME FEDWatch)

Right now,






Bitcoin

Bitcoin





1.34%



market value is hovering around $2.26 trillion, with daily volume close to $65 billion. Strong numbers for late October, but still very little considering that gold loses the same market cap as the total market cap of Bitcoin. It is clear that Bitcoin still has a huge room to grow.

Following all these catalysts, some traders are giving their Bitcoin price prediction to a move toward $118,000 once the Fed confirms its dovish stance.

DISCOVER: 10+ Next Crypto to 100X In 2025

Whales appear to be quietly accumulating again, and that’s usually a good sign for patient investors. As some traders put it, a softer FOMC meeting result often means a softer dollar, and more fuel for crypto rallies, especially with another, or bigger rate cut. 

For now,






Ethereum

Ethereum





3.09%



and






Solana

Solana





2.84%



remain the top networks by locked value, with stablecoin totals holding around $308 billion, at an all-time high, poised to be reintroduced into the market. A steady liquidity base tends to support rallies once confidence returns.

Crypto news today sees Bitcoin price prediction surge as traders await the FOMC meeting and a possible 25 bps rate cut.Crypto news today sees Bitcoin price prediction surge as traders await the FOMC meeting and a possible 25 bps rate cut.

(source – StableCoin MarketCap, Defillama)

In general crypto news today, many in the space are already looking beyond the FOMC meeting decision. If this rate cut plays out as expected, attention might shift toward what’s often called “memecoin season.” Historically, lower rates and rising optimism send money flowing into smaller, speculative coins like Dogecoin, PEPE, and the rest of the dog pack.

Bitcoin’s year to date gain still sits arround 60%, and total market cap across all crypto has climbed to above $3.9 trillion. Forget bearish Bitcoin price prediction, if history is any guide, a confirmed FOMC meeting rate cut could easily trigger cryptop’s next leg up. New all-time high? Maybe.

DISCOVER: Best Meme Coin ICOs to Invest in 2025

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BNB Meme Season Cooling Down, But SOL Is Heating Up: Best Solana Meme Coins To Buy

Akiyama FelixAkiyama Felix

By Akiyama Felix

The BNB meme frenzy that defined the Q3 has clearly lost its spark. What used to be nonstop launches and wild trading volume on BNB Chain has now slowed to a crawl. Traders are moving now, and their next stop looks obvious. Capital is flowing into Solana meme coins, where smaller projects are suddenly ballooning from tiny market caps into hundreds of millions, sometimes even billions.

BNB DEX activity has fallen from highs above $20 billion a day during the meme mania season to a small fraction of that. On Solana, though, the mood feels almost identical to early 2021, when a few weird names turned into life-changing wins.

Every crypto cycle has a point when the excitement dries up, and the BNB meme scene is looking like it is there now. Many tokens that once spiked after CZ’s release have lost more than 90 % of their value.

On-chain numbers show liquidity slipping, while people are shifting elsewhere. Retail players are tired, volume is thinning, and the same energy that once fueled those quick flips on BNB is nowhere to be found. Even the Gecko Terminal trending page is filled with Solana meme coins, and not even a single BNB meme coin on the top 10.

The BNB meme frenzy that defined the Q3 has clearly lost its spark. It's time for Solana meme coins to shine now.The BNB meme frenzy that defined the Q3 has clearly lost its spark. It's time for Solana meme coins to shine now.

(source – Trending, Gecko Terminal)

Read the full story here.

Is NEAR the Best New Crypto to Buy? $120M Raised For Corporate Crypto Treasury

Akiyama FelixAkiyama Felix

By Akiyama Felix

In the fast-evolving blockchain landscape, investors are once again asking: what’s the best new crypto to buy right now? The spotlight has turned to NEAR crypto, as the Near Protocol rides a new wave of institutional attention after a massive $120M corporate crypto treasury raise.

With its AI integration, strong partnerships, and growing ecosystem, NEAR is fast becoming one of the most talked-about assets in the market. But is it just another hype cycle, or the next foundational layer for decentralized AI? Let’s break down what’s driving the excitement.

Read the original piece here.

Big Tech Earnings Reports Loom Over FOMC – Can Crypto Market Recover?

Akiyama FelixAkiyama Felix

By Akiyama Felix

The FOMC crypto narrative dominates financial headlines today as traders brace for a one-two punch of macro and tech catalysts that could reshape market sentiment. The Federal Open Market Committee’s rate decision and Chair Jerome Powell’s post-meeting remarks, followed by earnings from Alphabet, Meta, and Microsoft, are creating a perfect storm for volatility.

With Bitcoin hovering near $112,500 and Ethereum struggling to hold above $4,000, investors are asking the key question: Can the crypto market recover if Wall Street and the Fed align on a dovish stance?

Currency

Read the full story here.

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Akiyama FelixAkiyama Felix

Akiyama Felix

Crypto Journalist

Felix Akiyama is a True Veteran, Originating From the Crypto Class of 2018. A former visual effect artist turned to onchain degen and Vitalik Loving ETH maxi. Felix is notable in the VFX world for being one of the few…
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