[LIVE] Crypto News Today, October 20 – Why Is Crypto Up Today? Market Recovers as Bitcoin Reclaims $110K and Ethereum $4K: Best Crypto to Buy?

Finally the crypto market is showing signs of a steady recovery as BTC

Bitcoin
BTC

$111,206.65


1.28%

climbs above $111,000 and ETH

Ethereum
ETH

$4,061.14


1.97%

rises past $4,000, marking a return of confidence after last week’s pullback. The total market capitalization has moved back toward $3.75 trillion, up more than 3% in the past 24 hours, with traders once again searching for the best crypto to buy amid a cautiously bullish sentiment.

Part of today’s rebound is linked to a mix of macro and technical factors. The delay of the U.S. September CPI report until October 24, caused by the government shutdown, has reinforced expectations of a potential Federal Reserve rate cut later this month. Traders now price in a 78% chance of policy easing at the October 29 meeting, which supports the research for risk assets such as Bitcoin and Ethereum.

Lower rates typically reduce the cost of holding non-yielding assets, giving the markets a natural lift.

Meanwhile, discussions between Ripple, Coinbase, and U.S. lawmakers have brought regulatory clarity back into focus. While no major decisions have been finalized, the renewed dialogue between industry leaders and policymakers reflects a more constructive tone compared to earlier standoffs. Some proposed restrictions on anonymous DeFi protocols remain a concern, but overall sentiment has improved.

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Altcoins Lead the Comeback: From DeSci to Memecoins, What’s the Best Crypto to Buy?

Altcoins are following the rebound, with SOL

Solana
SOL

$193.27


0.14%

 regaining strength above $190, while DeSci-focused Bio Protocol

BIO Protocol
BIO

$0.1093


38.13%

is attracting interest once again.

However, Bio Protocol’s BIO token remains under pressure after a 75% drawdown since the launch of $AUBRAI, the platform’s first XP event. Despite weak demand and ongoing FUD, the project’s supporters, including founder Paul Khls, are working on revamping the BIOXP mechanism to favor BIO tokens over DAO or Agent assets.

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Meme tokens are also surging, led by

Useless Coin
USELESS

$0.3496


3.97%

and Ribbita

Ribbita by Virtuals
TIBBIR

$0.3197


12.27%

: the latter hitting a fresh all-time high with a $323 million market cap.

Suddenly @nansen_ai have removed the camouflage mode on $TIBBIR.

It’s now:

– 30th highest smart money holdings coin on ALL chains, across the WHOLE of crypto
– In first position if you remove Eth coins
– Highest on Base

Do you understand yet anon?

> frog

🐸 https://t.co/X1cvKPzPCL

— 🐸 丂 ｱ ﾘ 尺 の 🐸 (@SPYR0_Crypto) October 20, 2025

Today’s market recovery reflects a blend of macro optimism and renewed technical strength. Whether this uptrend can hold will depend on Friday’s CPI data.