
Today, the crypto market news revolves around market recovery as traders dissect Jerome Powell’s latest speech. The key takeaway is not what was said, but what wasn’t. The absence of any reference to economic or monetary policy left the door wide open for risk assets to breathe. That includes Bitcoin, whose price in BTC USD pair moved cautiously back above $121,000. Meanwhile, ETH and XRP remained stable as USD stablecoin, a rare moment of calm across the top alts.
BREAKING: No mention of Monetary Policy in Powell’s speech
Crypto has nothing to do with this Thanksgiving speech for Community Bankers pic.twitter.com/i9ahdRPwUT
— Crypto Industry (@JoinCryptoToday) October 9, 2025
Markets were braced for hawkish language. Instead, Powell’s speech offered no new signals. No word on rates, no taper talk, just quiet. That silence landed with crypto recovering a slight bit.
Silence can speak volumes, especially when it comes from the Fed. By sidestepping any direct commentary on policy, Powell effectively gave traders nothing to panic about. The Bitcoin price responded in kind. BTC USD climbed, reaching $121K, up by 1% in 24 hours, after yesterday’s bloodbath.
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Most Crypto News Headlines Today Signals Strength Despite Powell Silent Speech: Bitcoin BTC/USD Price to Bounce Hard?
ETH moved to $4,350, posting a 0% movement. XRP with a modest but telling 0.8% climb to $2.83 USD. These recoveries come after weeks of chop as the crypto market paints an abstract direction.
Supporting the bounce, DeFi total value locked (TVL) sits strong at above $166 billion, actually a good climb from weeks ago. More importantly, the stablecoin market cap nudged up 0.9% over the last seven days, now sitting at $303.7 billion. Capital is moving in, a metric that should be taken into consideration in how the market will behave next.
(source – Stablecoins Market Cap, CoinGecko)
On CoinGlass, liquidations remained tame, and funding rates stayed slightly positive across BTC and ETH USD pairs’ perpetuals. Market cautiously leaning bullish, even with no one shouting it in any CT(crypto twitter) account.
With Powell speech offering no fire, traders found calm, maybe a calm before the storm. Bitcoin’s market cap is holding at $2.41 trillion; ETH sits at $522.5 billion, and price points on both are not looking bad at all as we are closer to an all-time high than where we were months ago. Digital assets are more resilient to macroeconomic noise than they were before.
(source – Crypto Market Cap, CoinGecko)
DEX volume remains active. DefiLlama shows over $24 billion in 24-hour decentralized exchange flow. It is an activity, even if quiet. Pair that with low volatility in perpetuals and a lack of major liquidations, with many just positioning.
(source – Dex Volume, Defillama)
The big question now is whether Powell keeps that quiet stance after last night’s speech. If he does, BTC USD has a chance to break higher, dragging ETH and XRP along for the ride. Until then, this moment of stability might be exactly what crypto needs.
Crypto news today tells a subtle story. The Bitcoin price is rising. Powell speech offered no shocks. And across the board, crypto is recovering.
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APE and Pepe Memecoin Blasts High: Is APEPE The Best Crypto to Buy Right Now?
Meme coins are once again setting the crypto tone. After months of base building,
28.89%
Pepe
PEPE
Price
$0.00000700
28.89% /24h
Volume in 24h
$70.57M
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,
47.61%
ApeCoin
APE
Price
$0.2964
47.61% /24h
Volume in 24h
$38.90M
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, and APEPE are showing renewed strength, starting talk of a new meme-coin cycle and what could be the best crypto to buy.
Right now, the BSC ecosystem commands the bulk of meme-coin volume: DEX volume on BSC recently surpassed $6 billion in a single day, largely driven by meme activity. But experienced traders warn that after one chain monopolizes meme action, capital often rotates multichain.
Could CZ (or Binance) prevent that? Maybe, with incentives, listing power, and ecosystem pull. Still, there’s a real chance we’ll see flows toward Ethereum or TRON, or even Polygon, especially given APEPE’s growing name in the Polygon ecosystem.
In short: BSC is hot now, but the wind may shift again — and the next phase could reward those watching cross-chain bridges, listing patterns, and where liquidity moves next.
Read the full story here.
ChatGPT Reveals How to Become a Crypto Millionaire: How to Find Next Crypto to Explode?
The crypto market is incredibly hot right now, with Uptober in full swing. Ignoring the noise and slight market retracement, Bitcoin is trading over $120,000, just 3.5% away from another all-time high. We asked ChatGPT to share its strategy for securing wealth with Bitcoin and to identify the next crypto to explode in Q4.
Other major caps, such as
13.25%
BNB
BNB
Price
$1,087.71
13.25% /24h
Volume in 24h
$3.62B
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Price 7d
and
26.66%
Mantle
MNT
Price
$1.72
26.66% /24h
Volume in 24h
$47.98M
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, have seen significant gains, with increases of +45% and +55%, respectively, over the past month. Meanwhile, new memecoins on BNB Smart Chain (BSC) are running over 100x seemingly every day.
Investors are viewing this strength across the market, combined with upcoming catalysts such as further interest rate cuts from the US Federal Reserve and expected altcoin spot ETF approvals later this month, as an opportunity.
Read the full story here.
Trump’s US Government Shutdown is Killing Market: Will Crypto Go Back Up Again?
The U.S. government shutdown has entered its 10th day under Donald Trump’s second term, freezing much of Washington and rattling the crypto market. With Congress gridlocked over border security and spending bills, investors are bracing for continued volatility.
While traditional markets reel, the crypto price of key assets like Bitcoin, Ethereum, and Litecoin has dipped amid uncertainty, though analysts believe the sell-off is temporary.
The real question traders are asking now: once Washington reopens and ETF approvals resume, will crypto go back up again?
Read the full story here.
The post Crypto Market News Today, October 10: Crypto Recovering, Bitcoin BTC Price Back Above $121K, ETH and XRP USD Stable as Powell Speech Failed to Mention Monetary Policy appeared first on 99Bitcoins.
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