Bitcoin’s Wild Week: Will It Soar or Snore? 🌪️💰

Ah, the US Crypto News Morning Briefing-your daily dose of financial theatrics, served with a side of sarcasm and a sprinkle of hope. 📰✨

Pour yourself a cup of the strongest coffee you can find, dear reader, for this week promises to be a circus of economic acrobatics. 🌪️ Between the US-China trade tango, the Fed’s impending decision, and Bitcoin’s stubborn grip on six figures, the air is thick with anticipation-or is it desperation? 🤡

Crypto News of the Day: Standard Chartered Whispers, “Bitcoin, Thy Hour Has Come?”

Yes, this could be the week where the market transforms from a nervous maiden into a confident matador. Or perhaps it’ll just trip over its own cape. 🏹🐂

According to Geoff Kendrick, the oracle of Standard Chartered’s Digital Assets Research, a wave of US-China détente has turned market sentiment “from fear into hope.” 🕊️ Or, as I like to call it, from “sell everything” to “buy the dip, comrade!”

Kendrick, ever the optimist, highlights that US Treasury Secretary Bessent has hinted at a breakthrough. China, it seems, is ready to play nice-suspending rare earth export controls and buying more soybeans, all in exchange for Washington dropping its 100% tariffs. 🌾🤝

The details? They’ll be hashed out during the Trump-Xi summit in Korea later this week. Meanwhile, Bitcoin is already doing a victory lap, basking in the glow of positive sentiment. 🏆

The USD-CNH pair, meanwhile, has plummeted to near year-to-date lows, signaling a stronger yuan and renewed faith in global trade. This, of course, has reignited Bitcoin’s romance with risk appetite, as investors abandon their defensive bunkers. 💑

“The Bitcoin-gold ratio, my dear friends, continues its ascent,” Kendrick mused, noting it now hovers just above pre-tariff scare levels. “I shall watch with bated breath for it to breach 30-a sign that fear has finally fled the stage.” 🎭

The Week That Could Make or Break Bitcoin’s Destiny

For Kendrick, this week may be Bitcoin’s Waterloo-or its coronation. Over $2 billion fled US gold ETFs last week, hinting at a shift in appetite that could soon favor our digital darling. 👑

“If even half of that finds its way into Bitcoin ETFs this week, it would be a triumph,” he noted, his voice dripping with barely contained excitement. 🎉

And let’s not forget Wednesday’s FOMC meeting, where a 25 basis-point rate cut is all but guaranteed, despite the Fed’s “data blackout.” 🌑

It’s FOMC week!

There’s a 96.7% chance the Fed will cut interest rates by 25bps.

What’s your prediction? 🤔

– Lark Davis (@TheCryptoLark) October 27, 2025

Kendrick also hinted that the next Fed Chair speculation could be “Bitcoin positive”-assuming it stokes fears about central bank independence. 🏦

Add to this the earnings releases from the ‘Magnificent Seven’-Microsoft, Meta, Google, Apple, and Amazon-and you’ve got a week so packed with catalysts, it’s practically bursting at the seams. 💥

“This week is pure chaos…the government shutdown hits day 30. The Fed decides rates on Wednesday. Powell speaks right after, during a data blackout. Then, we’ve got Microsoft, Apple, Google, Meta, and Amazon reporting earnings. That’s $15.2 trillion in market cap dropping numbers in the same week. And just when you think it’s over… Trump meets President Xi on Thursday, 48 hours before his 100% tariff deadline. Buckle up. This week could move everything,” Mario Nawfal quipped, his tone equal parts dread and glee. 🎢

Kendrick believes a fresh Bitcoin all-time high would be the “death knell” for those still clinging to the halving cycle as BTC’s primary driver. 🔔

“ETF flows matter more now…If this week goes well, Bitcoin may never dip below $100,000 again,” he declared, his voice tinged with dramatic flair. 🚀

Whether this prophecy holds true remains to be seen, but one thing is certain: this week’s blend of diplomacy, data, and digital gold could shape the next chapter of Bitcoin’s saga. 📜

Chart of the Day

Chart of the Day

Byte-Sized Alpha

Crypto Equities Pre-Market Overview

Company At the Close of October 24 Pre-Market Overview
Strategy (MSTR) $289.08 $300.01 (+3.78%) 💹
Coinbase (COIN) $354.46 $364.65 (+2.87%) 📈
Galaxy Digital Holdings (GLXY) $39.82 $41.29 (+3.69%) 🚀
MARA Holdings (MARA) $19.54 $20.38 (+4.29%) 🌟
Riot Platforms (RIOT) $21.42 $22.36 (+4.39%) 🔥
Core Scientific (CORZ) $19.34 $19.71 (+1.91%) 🌱

Read More

2025-10-27 18:16