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 $110,820.63 2.85% Bitcoin BTC Price $110,820.63 2.85% /24h Volume in 24h $55.31B Price 7d Learn more climbs above $111,000 and ETH Ethereum ETH $3,974.71 2.03% Ethereum ETH Price $3,974.71 2.03% /24h Volume in 24h $30.41B Price 7d Learn more 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.

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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 $188.32 1.06% Solana SOL Price $188.32 1.06% /24h Volume in 24h $5.51B Price 7d Learn more  regaining strength above $190, while DeSci-focused Bio Protocol BIO Protocol BIO $0.1059 38.66% BIO Protocol BIO Price $0.1059 38.66% /24h Volume in 24h $162.26M Price 7d Learn more 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 $0.3286 15.85% Useless Coin USELESS Price $0.3286 15.85% /24h Volume in 24h $34.30M Price 7d Learn more and Ribbita Ribbita by Virtuals TIBBIR $0.2997 17.43% Ribbita by Virtuals TIBBIR Price $0.2997 17.43% /24h Volume in 24h $4.20M Price 7d Learn more : 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

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