October 28, 2025
By Anjali Kochhar
The last week of October 2025 has delivered one of the most volatile stretches for the global crypto market this year. Within days, traders witnessed a $19 billion crash, a powerful Bitcoin rebound, a landmark acquisition by Coinbase, and India’s biggest exchange making a dramatic comeback. Here’s a breakdown of the major crypto market news you shouldn’t miss.
1. Trump’s Trade Shock Triggers $19 Billion Market Wipeout
On 21 October, the crypto world faced its largest single-day liquidation since 2022 after U.S. presidential candidate Donald Trump announced a 100% tariff on Chinese tech imports. The shock policy rattled global investors, wiping over $19 billion from crypto market capitalization in 24 hours. Bitcoin fell below $54,000, Ethereum dropped 18 percent, and altcoins like Solana and Avalanche suffered steeper losses.
Analysts say the crash reflected rising global risk aversion rather than crypto-specific weakness. The sudden tariff escalation reignited trade-war fears and drove traders toward safer assets like gold and bonds.
2. Bitcoin’s Fast Recovery Above $115,000
Just five days later, Bitcoin rebounded sharply, crossing $115 K on 27 October. The move came as U.S.–China trade rhetoric softened and investors re-entered risk markets. Derivatives data showed futures long positions increasing 15 percent, indicating institutional accumulation.
This rebound has reinforced Bitcoin’s status as a resilient macro hedge an asset that may fall with panic but often leads recovery when sentiment improves.
3. WazirX Returns With 0% Trading Fees
India’s largest crypto exchange, WazirX, officially restarted operations on 24 October after more than a year of restructuring and regulatory hurdles. The platform now offers zero trading fees across all pairs in a “Restart Offer” designed to regain users’ trust.
This relaunch was approved under Singapore High Court supervision, signaling a new era of transparency and compliance for Indian exchanges. Industry experts believe the move could spark renewed retail participation in the Indian market, which already leads global crypto adoption rankings.
4. Coinbase Acquires Echo for $375 Million
In the U.S., Coinbase announced its acquisition of Echo, a crypto-investing platform known for early-stage token listings, for about $375 million. This strategic deal strengthens Coinbase’s foothold in startup financing and token launch infrastructure areas long dominated by venture funds and offshore exchanges.
By integrating Echo’s capabilities, Coinbase plans to streamline how accredited investors access tokenized startup shares, bringing regulatory credibility to an otherwise risky niche.
5. Global Regulators Warn of Compliance Gaps
The Financial Stability Board (FSB), the G20’s risk-monitoring body, released an updated assessment this week, warning of “significant gaps” in crypto regulation. The report highlighted inconsistent licensing regimes, poor disclosure standards, and fragmented oversight between central banks and securities authorities.
For emerging markets like India, this warning is crucial. The FIU’s recent enforcement notices to unregistered foreign exchanges align with global pressure for unified frameworks that protect consumers and ensure transparency.
6. Institutional Confidence Returns
Despite mid-month turmoil, institutional investors poured roughly $700 million into Bitcoin and Ethereum exchange-traded funds after 20 October. Analysts view this as proof that smart money is treating corrections as opportunities rather than exits.
Family offices and hedge funds are diversifying into tokenized assets, stablecoin yield products, and DeFi liquidity pools a clear sign of growing mainstream acceptance.
7. Stablecoins and Tokenisation Stay Strong
While speculative assets fluctuated wildly, stablecoins held firm, facilitating over $4 trillion in transaction volume year-to-date. Meanwhile, tokenisation of real-world assets like real estate and bonds accelerated as traditional institutions adopted blockchain infrastructure for transparency and speed.
8. Sentiment Turns Positive Into November
After weeks of panic, sentiment indicators moved from “fear” to “neutral.” Analysts predict steady growth through November as liquidity improves and macro conditions stabilize.
The October 2025 turbulence may have shaken investors, but it also underlined the market’s evolution to be more regulated, more resilient, and increasingly tied to global economics.
Conclusion
From Trump’s trade-war shock to WazirX’s revival and Coinbase’s bold acquisition, this week proves that crypto markets can crash and recover faster than ever. For readers following credible cryptocurrency news websites, the message is clear: volatility is back, but so is strength. Staying updated through reliable Crypto News sites is the key to surviving and thriving in the next market cycle.
About the author
Anjali Kochhar covers cryptocurrency and blockchain stories in India as well as globally. Having been in the field of media and journalism for over four years now, she has developed a sharp news sense and works hard to present information that goes beyond the obvious. She is an avid reader and loves writing on a wide range of subjects.
