Day

October 24, 2025
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Bitcoin flipped volatile as CPI data came in lower than expected, but failed to follow stocks as they hit fresh all-time highs on Fed rate-cut optimism.
BNB jumped after Donald Trump pardoned Binance founder CZ, fueling trader optimism and fresh speculation that altcoin season could soon return.
Following the pardon, CZ said he would do “everything we can to help make America the Capital of Crypto and advance Web3 worldwide.”
Hyperliquid, Aster and Lighter have pushed decentralized perps trading volume to over $1 trillion in October, beating August’s tally with a week to spare.
September’s inflation data, which has been delayed by the government shutdown, is expected to be high at 3.1% but it is unlikely to stop momentum for Fed rate cuts.
While some onchain sleuths called it “obvious insider knowledge,” others argued that Trump’s pardon of Changpeng Zhao was expected.
Bitcoin options open interest reached a record $63 billion, with bullish strike prices at $120,000 to $140,000 dominating.
Former FTX CEO Sam Bankman-Fried’s odds on Polymarket of being pardoned by US President Donald Trump have more than doubled since Changpeng Zhao was pardoned.
Crypto analysts said the altcoin season could be arriving soon as liquidity shifts to risk assets, but altseason indicators currently stand at bear market lows.
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