Bitcoin Breaks $115K Barrier as US-China Trade Deal Fuels Crypto Rally
In a remarkable market development on October 31, 2025, Bitcoin shattered the $115,000 psychological barrier, propelled by significant geopolitical progress as the United States and China approach finalization of a comprehensive trade agreement. This breakthrough represents one of Bitcoin's most substantial price milestones in recent history, signaling renewed institutional confidence in digital assets as hedges against macroeconomic uncertainty. The three-phase negotiation process between the world's two largest economies has reached its concluding stages, with market participants interpreting the impending deal as a major catalyst for reduced global trade tensions and enhanced financial stability. The bullish momentum extended throughout the cryptocurrency ecosystem, with major altcoins demonstrating strong correlation with Bitcoin's upward trajectory. Ethereum, Solana, and other prominent digital assets recorded double-digit percentage gains as traders repositioned their portfolios in anticipation of reduced regulatory headwinds and improved cross-border capital flows. Market analysts note that the trade agreement's potential to stabilize global supply chains and reduce inflationary pressures has created ideal conditions for cryptocurrency adoption as both speculative instruments and store-of-value assets. The timing of this rally is particularly significant given previous concerns about central bank digital currencies potentially overshadowing decentralized cryptocurrencies. However, Bitcoin's performance suggests that traditional and digital finance can coexist and even complement each other in the evolving global financial landscape. Trading volumes across major exchanges surged by approximately 45% compared to monthly averages, indicating substantial institutional participation in the rally. Derivatives markets also reflected heightened optimism, with Bitcoin futures open interest reaching record levels and funding rates turning positive across perpetual swap markets. Technical analysts highlight that Bitcoin's breach of the $115,000 resistance level opens the path toward testing the $125,000-$130,000 range, though they caution that profit-taking could introduce short-term volatility. The market's reaction demonstrates cryptocurrencies' growing sensitivity to traditional macroeconomic developments, blurring the lines between conventional and digital finance. As the trade agreement moves toward implementation, market participants are monitoring how reduced trade barriers might accelerate cryptocurrency integration into international payment systems and corporate treasuries. This development represents another step in cryptocurrency's journey toward mainstream financial acceptance, though regulatory clarity remains crucial for sustained growth. The coming weeks will test whether this bullish momentum can sustain itself beyond initial enthusiasm, potentially setting the stage for cryptocurrency's next major price discovery phase.
Cryptocurrency Markets Surge as U.S.-China Trade Agreement Nears Finalization
Bitcoin breached the $115,000 threshold as geopolitical developments took center stage. The confirmation of a pending U.S.-China trade agreement—anticipated through a three-phase negotiation process—ignited bullish momentum across digital asset markets. Altcoins mirrored BTC's upward trajectory, with traders pricing in reduced macroeconomic uncertainty.
Market participants now brace for heightened volatility during Fed week. Jerome Powell's upcoming policy remarks could amplify price swings, particularly if coupled with strong earnings reports from trillion-dollar corporations. The traditional finance spillover effect remains a critical watchpoint for crypto investors.
Bitcoin Supply Dynamics Shift as Whales Accumulate Amid Retail Sell-Off
Bitcoin's market structure shows a pronounced divergence between retail and institutional behavior. Since mid-October, approximately 62,000 BTC worth $7 billion has moved from long-term holder wallets, marking the first significant illiquid supply reduction in H2 2025. The cryptocurrency has retreated 8% from its $125,000 October peak to $115,350, with Glassnode data revealing this outflow stems primarily from wallets holding $10,000-$1M in BTC.
Contrary to the broader trend, whale addresses continue accumulating. This accumulation comes as Fidelity Digital Assets projects 42% of Bitcoin's supply—8.3 million BTC—could become illiquid by 2032 if current institutional adoption trends persist. Only 18% of circulating supply now trades at a loss, rebounding from April's 24% trough.
The supply-demand imbalance reflects continued distribution by smaller investors alongside stagnant first-time buyer activity. Such dynamics have created headwinds for sustained price appreciation, even as institutional interest builds toward potential nation-state adoption.
Trump's Escalation Fuels Crypto Rally Amid Trade Agreement Hopes
Cryptocurrencies are surging as geopolitical tensions between the U.S. and China spark speculation of an impending trade agreement. Bitcoin (BTC) breached $115,000, though resistance at $117,000 remains intact. Market Optimism mirrors the tech sector's rally, buoyed by Federal Reserve rate cuts and strong earnings projections.
Pre-market S&P 500 futures ROSE 1% ahead of critical U.S.-China talks. Consensus-building between officials suggests stability is prioritized over conflict—a tailwind for risk assets. Should Thursday's Trump-Xi meeting proceed without disruption, cryptocurrencies may extend gains alongside equities.
MicroStrategy Bolsters Bitcoin Holdings with $43.4 Million Purchase
MicroStrategy has added another 390 Bitcoin to its corporate treasury, spending approximately $43.4 million between October 20-26. The business intelligence firm now holds 640,808 BTC worth $74 billion at current prices, cementing its position as the world's largest corporate Bitcoin holder.
The latest acquisition was executed at an average price of $111,117 per BTC, funded through perpetual preferred stock sales. MicroStrategy's total bitcoin investment now stands at $47.4 billion including fees, with an average acquisition price of $74,032 per coin - generating $26.6 billion in unrealized gains.
This strategic accumulation continues despite market volatility, demonstrating institutional conviction in Bitcoin's long-term value proposition. The company has consistently used capital markets activity to fund its crypto acquisitions, showcasing an innovative approach to corporate treasury management.
OKX Celebrates Bitcoin White Paper Anniversary with Live Quiz Event
OKX marks the 17th anniversary of the Bitcoin WHITE paper with an interactive Kahoot Live quiz featuring a $500 USDT prize pool. The October 31 event targets crypto community engagement and BTC education, streaming on Instagram at 19:00 Kyiv time.
Participants must follow OKX's Instagram, join the live broadcast, and answer real-time questions about Bitcoin's origins and technology. Top scorers will split trading bonuses, emphasizing OKX's role in fostering crypto literacy.
Javier Milei’s Crypto-Friendly Party Wins Argentine Midterm Elections
Argentine President Javier Milei’s La Libertad Avanza party secured a decisive victory in the country’s midterm elections, capturing 40.68% of the vote and upending the Peronist stronghold in Buenos Aires province. The win bolsters Milei’s free-market agenda and accelerates his push to integrate cryptocurrencies like Bitcoin (BTC) into Argentina’s economy.
The administration’s December 2023 legalization of BTC and digital asset settlements marked a turning point, with recent economic maneuvers—including a $20 billion currency swap with the U.S.—further stabilizing the peso. "We avoided falling off the cliff," Milei declared, signaling renewed momentum for reforms aimed at curbing inflation and reducing state intervention.