Crypto News Today, October 23: We Are So F-ing Back! Bitcoin BTC USD Price Back to $110K, ETH, XRP, SOL Follow

1d ago•

bullish:

bearish:

The Bitcoin price just flipped the switch again. After dipping early, the BTC USD pair ripped back above $110,000 as it hit the “resume the bull run” button. The charts show it kissed $108K before whales piled in. Not long after, ETH USD climbed close to $3,900, XRP ticked up to $2.41, and SOL USD touched $187. Fresh money is coming in, and you can feel it.

Bitcoin - BTC USD pair back above $110,000 as it hit the “resume the bull run

(source – CoinGecko)

According to DeFiLlama, total DeFi value locked nudged higher to above $148 billion. Such a comeback always starts when the crowd gives up. The fear index is sitting at 27, basically representing despair. But every time the readings are this low, the bounce is always huge.

We learn that in 2021, we had the same setup and the same exhaustion, but then the Bitcoin price exploded by 50% in just weeks. The market is built on pain and irony; the moment people stop believing, it rips their faces off.

BE READY

ALTSEASON 2025

pic.twitter.com/NRdjtRpa9C

— Crypto GEMs (@cryptogems555) October 22, 2025

Today, there’s a little macro kicker too. The rumor says that Trump wants to reopen trade talks with China. Once those negotiations actually happen, it’s bullish. The market will experience less tension, smoother capital flow, and risk assets will start looking greener again. Bitcoin (BTC) and some major alts like ETH, SOL, and XRP are now starting to show price strength against USD.

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Bitcoin BTC Price & Altseason Setup as ETH, XRP, SOL-USD Pairs Heating Up

Every October, we see this. Starts slow, ends wild. CoinGecko data shows the Bitcoin price usually pops about 20% by the month’s close. If that pattern repeats, which it likely will, we’re looking at above the previous all-time high. And when Bitcoin price is flatlining near the top, alts tend to go nuts.

ETH USD is already flashing those pre-2021-run vibes, RSI curling up, volumes surging past $45 billion daily. Over on DeFiLlama, ETH’s new addresses are bumping by 65,000 with more than 15 million USD in app fees.

Bitcoin - BTC USD pair back above $110,000 as it hit the “resume the bull run

(source – Defillama)

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XRP USD added around 0,3% market cap now, slow, but it has been pumping like crazy a few months back. SOL USD is quietly building momentum too, with its DeFi TVL jumping 10% this month, mirroring the 2021 rhythm as we remember.

Also, the viral “insider” wallet is still undefeated. However, the wallet just closed all his shorts, with some saying he is right now, with a huge long open. A 100% hit rate like that doesn’t happen by accident. Maybe luck. Maybe genius. Whatever it is, follow the money.

Insider Bitcoin whale close to Trump has now fully closed his short position, making $6.4 million in profits.

Does he know something about a possible deal between the US and China?

If we get a deal, markets could skyrocket again.

Only one week left until November 1. It’s going… pic.twitter.com/AznwsLCTnJ

— Crypto | Stocks | Freedom (@Wealthmanagerrr) October 23, 2025