Why did the price of BTC go up?

Bitcoin (BTC) increased by 1.56% in the last 24 hours, bucking its downward trend over the past week (-5.71%) and month (-5.86%). This rise is in line with a 1.45% rebound in the overall cryptocurrency market but should be viewed cautiously due to ongoing negative signals. The main factors behind this move are:

1. Whale Accumulation 🐋
   More than 26,500 BTC moved into accumulation wallets, indicating that large investors are buying the dip.

2. Technical Rebound 📊
   Bitcoin climbed back above a key price level at $107,025, sparking short-term buying interest.

3. Macro Hedge Demand 🛡️
   The U.S. dollar has weakened by 10% this year, and China’s restrictions on rare earth exports have increased Bitcoin’s appeal as an alternative store of value.

Deep Dive

1. Whale Accumulation (Positive Sign)

What’s happening: Data from the blockchain shows that 26,500 BTC (worth about $2.88 billion) moved into wallets meant for holding rather than selling between October 18 and 19. This is the largest daily inflow since mid-2024 (CryptoQuant). Historically, when big investors (often called “whales”) buy like this, it often signals a coming price rally.

Why it matters: These large buyers are soaking up coins being sold by short-term holders (STHs), who currently sell about $750 million worth daily. This reduces the number of coins available on exchanges, creating a squeeze on supply. In past cycles, this kind of selling pressure tends to ease within 1 to 3 weeks, often marking a local price bottom.

What to watch: If short-term holders’ losses drop below $500 million per day, it could mean they’re running out of coins to sell, which is a bullish sign.

2. Technical Rebound Above Key Level (Mixed Signals)

What’s happening: Bitcoin has moved back above the important $107,025 price point. The Relative Strength Index (RSI), a tool that measures if an asset is overbought or oversold, has bounced from a low of 36.6, suggesting some recovery. However, Bitcoin faces resistance at the 23.6% Fibonacci retracement level around $112,231, a common technical barrier.

Why it matters: Short-term traders likely triggered buy orders once Bitcoin passed $107,000, but the MACD histogram, another momentum indicator, remains strongly negative (-1,520), indicating that bearish pressure hasn’t fully lifted.

What to watch: If Bitcoin closes above $112,231, it could push toward $117,000. If it fails, it might retest support near $103,600.

3. Macro Uncertainty & USD Weakness (Positive Influence)

What’s happening: The U.S. dollar index (DXY) has dropped 10% so far this year, reaching multi-year lows. At the same time, China has imposed export controls on rare earth minerals to U.S. defense companies, increasing geopolitical tensions (Cointelegraph).

Why it matters: These factors are driving investors to see Bitcoin as a hedge—a way to protect wealth against currency devaluation and geopolitical risks. Public figures like Robert Kiyosaki calling Bitcoin “real money” reflect this growing mainstream acceptance.

Conclusion

Bitcoin’s recent 24-hour gain is driven by large investor buying, technical factors, and global economic uncertainty. However, the market remains fragile due to ongoing selling by short-term holders and negative weekly trends.

Key point to watch: Can Bitcoin stay above $107,000 and continue absorbing selling pressure? Falling below this level might undo the recent gains, while sustained accumulation could signal a potential trend reversal.

What could affect the price of BTC?

Bitcoin’s price is balancing between big economic risks and growing interest from major investors.

1. Federal Reserve policy changes – If the Fed cuts rates or delays hikes, it could change Bitcoin’s direction.
2. ETF liquidity boost – New SEC rules might speed up large-scale investments from institutions.
3. Mining pressure – Increasing mining activity could squeeze miners’ profits, leading to more Bitcoin sales.

Deep Dive

1. Economic and Regulatory Factors (Mixed Effects)

Overview: Bitcoin is influenced by the Federal Reserve’s upcoming interest rate decisions (next meeting: Oct 29–30) and ongoing trade tensions between the U.S. and China. Right now, there’s about a 65% chance the Fed will cut rates by 0.25% by December, which could weaken the U.S. dollar and encourage investment in riskier assets like Bitcoin. However, inflation remains steady at 3.1% as of September 2025, and tariffs from the Trump administration could lead to stagflation—a combination of slow growth and high inflation—which historically hurts Bitcoin’s price (Bloomberg).

What this means: If the Fed takes a more cautious, supportive approach, Bitcoin could regain its reputation as “digital gold.” But if rate cuts are delayed or trade tensions worsen, Bitcoin might stay stuck below $110,000 for a while.

2. Institutional Investment Opportunities (Positive Outlook)

Overview: The SEC has introduced new rules that make it easier for crypto exchange-traded products (ETPs), like spot Bitcoin ETFs, to launch without needing individual approvals. For example, BlackRock’s IBIT ETF already holds $145.5 billion worth of Bitcoin. Grayscale’s Digital Large Cap Fund, which is awaiting approval, could open up investments in other cryptocurrencies like SOL and XRP (CryptoSlate).

What this means: Easier access to Bitcoin ETFs could bring billions of dollars from traditional investors into Bitcoin. Experts predict institutional investments could exceed $400 billion by 2026.

3. Mining Profit Challenges (Potential Downside)

Overview: Bitcoin’s mining power (hashrate) reached a record 1.2 trillion hashes per second on October 17. However, mining difficulty is expected to increase by nearly 7% on October 29, making it harder to mine new Bitcoin. Some miners, like Core Scientific and Hut 8, are shifting focus to AI and data centers to cope with shrinking rewards. Meanwhile, hardware costs have risen 15% due to tariffs from the Trump era (CoinTelegraph).

What this means: Higher costs may force miners to sell more Bitcoin to cover expenses, increasing selling pressure. Historically, when mining difficulty goes above 150 trillion, Bitcoin’s price tends to drop by 10–15%.

Conclusion

Bitcoin’s short-term future depends on how Federal Reserve policies interact with miner activity, while new ETF options provide positive momentum. Traders should watch the October 29 mining difficulty update and the November 1 Federal Open Market Committee (FOMC) meeting for potential price swings. Will growing institutional demand outweigh miners selling off their Bitcoin?

What are people saying about BTC?

Bitcoin’s social buzz swings between big optimism and cautious doubt. Here’s what’s trending:

1. Institutional price targets – Experts debate forecasts above $200,000.
2. Technical signals – Bearish trends compete with bullish signs.
3. Economic factors – Interest rate cuts and ETF activity shape the conversation.

Deep Dive

1. @Burning_Forest: Volatility Ahead? Mixed

“Bitcoin price prediction for 2025: Top $175,000 / Bottom $65,000… realism needed after years of cycles.”
– @Burning_Forest (12K followers · 1.2M impressions · 2025-07-25 17:50 UTC)
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What this means: Opinions are mixed because there’s uncertainty about whether Bitcoin can keep rising given economic risks. Some expect big gains, while others warn of sharp drops.

2. @CCinspace: Institutional Moon Math Bullish

“Bernstein, CryptoQuant predict $200K–$276K BTC by 2025 via $520B inflows and ETF-driven demand.”
– @CCinspace (89K followers · 4.7M impressions · 2025-06-26 20:05 UTC)
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What this means: Optimistic forecasts from big investors rely on Bitcoin’s limited supply and growing interest in ETFs (exchange-traded funds), though the exact timing is uncertain.

3. CoinMarketCap Post: Geopolitical Jitters Bearish

“BTC risks drop to $97K if Iran-Israel tensions spike… harmonic pattern signals downside risk.”
– Technical analyst (posted 2025-06-18 10:04 UTC · 1.1K impressions)
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What this means: Negative technical signals show Bitcoin’s price could fall if geopolitical tensions worsen. Traders are watching $100,000 as an important support level.

Conclusion

The outlook on Bitcoin is mixed, combining excitement from big investors with caution from technical analysts. Long-term supporters point to ETF inflows and Bitcoin’s supply schedule, while short-term risks like forced selling and geopolitical issues keep traders on edge. Keep an eye on the $105,000 support level and ETF flow data this week — dropping below could confirm bearish trends, while holding steady might push the price back toward $120,000. The big question: will economic factors outweigh technical challenges?

What is the latest news about BTC?

Bitcoin is navigating changes in regulations and market ups and downs as big financial players stay hopeful but cautious. Here’s the latest update:

1. SEC Simplifies Crypto ETP Rules (October 19, 2025) – Makes it easier and faster to approve Bitcoin-based exchange-traded products.
2. Bitcoin Mining Power Hits New High (October 19, 2025) – Network security improves despite growing challenges for miners.
3. Bitcoin ETF Withdrawals Reach $1.2 Billion Weekly (October 19, 2025) – Institutional investors show mixed signals as Schwab expands crypto services.

In-Depth Look

1. SEC Simplifies Crypto ETP Rules (October 19, 2025)

What happened:
The U.S. Securities and Exchange Commission (SEC) stopped reviewing crypto exchange-traded products (ETPs) on a case-by-case basis. Now, qualifying assets like Bitcoin can get listed more quickly. This change is similar to what happened when spot Bitcoin ETFs were approved in 2024.

Why it matters:
This is good news for Bitcoin because it speeds up adoption by big financial institutions. Products like Grayscale’s Digital Large Cap Fund (waiting for approval) can launch faster. Banks such as JPMorgan may feel more comfortable lending money using Bitcoin as collateral, which helps bring cryptocurrency closer to traditional finance.
(Source: CryptoSlate)

2. Bitcoin Mining Power Hits New High (October 19, 2025)

What happened:
Bitcoin’s mining power, called hashrate, reached a record 1.2 trillion hashes per second. Mining difficulty, which measures how hard it is to mine Bitcoin, dropped slightly to 146.7 trillion but is expected to rise again soon. This will make mining more challenging and costly.

Why it matters:
This is a mixed signal for Bitcoin. A higher hashrate means the network is more secure. However, rising costs and trade tensions between the U.S. and China are making mining less profitable. Some miners might shift to other industries like AI or data centers, and smaller miners could be forced to sell their Bitcoin.
(Source: CoinTelegraph)

3. Bitcoin ETF Withdrawals Reach $1.2 Billion Weekly (October 19, 2025)

What happened:
U.S. spot Bitcoin ETFs experienced $1.22 billion in net withdrawals last week, with BlackRock’s IBIT seeing significant daily outflows. At the same time, Charles Schwab reported a 90% increase in crypto platform users over the past year and plans to offer spot Bitcoin trading by 2026.

Why it matters:
This short-term drop in ETF investments suggests some investors are taking profits or reacting to uncertainty, like delayed U.S. inflation data. However, Schwab’s growth shows long-term confidence in Bitcoin. Keep an eye on upcoming trade talks between the U.S. and Malaysia, which could ease economic concerns and reverse ETF outflows.
(Source: Cointribune)

Conclusion

Bitcoin is facing mixed forces: easier regulations and strong mining activity versus some investors pulling back amid economic uncertainty. The SEC’s new rules could help Bitcoin become more mainstream, but traders are watching closely for updates on inflation and global risks. The big question remains: will Bitcoin’s potential as a hedge against economic troubles outweigh short-term market swings?

What is expected in the development of BTC?

Bitcoin’s future plans focus on making the network faster and more scalable, encouraging big institutions to adopt it, and integrating it with decentralized finance (DeFi) applications.

1. sBTC Mainnet Launch (Q4 2025) – Introducing a new Bitcoin-backed asset through Stacks’ Satoshi Upgrades, enabling DeFi without needing trusted middlemen.
2. Proto Mining Chip Release (2025) – Block (formerly Square) will release open-source mining hardware to make Bitcoin mining more accessible and decentralized.
3. Strategic Bitcoin Reserve Legislation (2026) – Several U.S. states and federal lawmakers are working on laws to hold Bitcoin as part of government reserves.

Deep Dive

1. sBTC Mainnet Launch (Q4 2025)

Overview: Stacks is rolling out “Satoshi Upgrades” to launch sBTC, a decentralized Bitcoin-backed token. This allows Bitcoin holders to use their BTC in DeFi platforms without giving up control to third parties. Testing started in mid-2025, with full launch expected by the end of the year (Stacks).

What this means:

• Positive: Could unlock around $600 billion worth of Bitcoin that’s currently inactive, allowing it to be used in financial applications and earn yields.
• Challenges: Success depends on maintaining a secure and reliable connection between sBTC and actual Bitcoin, plus keeping miners and stakers motivated.

2. Proto Mining Chip Release (2025)

Overview: Block plans to introduce Proto, an open-source Bitcoin mining chip. This aims to reduce dependence on a few big manufacturers like Bitmain by making mining hardware more accessible to a wider group (Block).

What this means:

• Positive: Could make Bitcoin mining more decentralized and secure by allowing more participants.
• Challenges: The new chip needs to be cost-effective compared to current mining equipment to gain widespread use.

3. Strategic Bitcoin Reserve Legislation (2026)

Overview: More than 20 U.S. states are working on laws to invest government funds in Bitcoin. At the federal level, lawmakers are discussing a Strategic Bitcoin Reserve similar to El Salvador’s approach. The White House aims to finalize a plan by 2026 (Bitwise).

What this means:

• Positive: Could drive significant institutional demand for Bitcoin, similar to how ETFs have increased investment inflows.
• Challenges: Political disagreements could slow down or block these efforts.

Conclusion

Bitcoin’s roadmap combines technical upgrades like sBTC and decentralized mining with broader adoption through government reserves. While these developments could greatly increase Bitcoin’s use and value, there are still risks related to execution and regulation.

Will Bitcoin’s Layer 2 solutions overcome regulatory challenges and transform global finance?

What updates are there in the BTC code base?

Bitcoin’s software received important updates in October 2025, focusing on making transactions more flexible, adjusting fees, and improving network reliability.

1. OP_RETURN Expansion (October 12, 2025) – Removed the data size limit, allowing larger pieces of information to be stored on the blockchain.
2. Fee Policy Overhaul (October 12, 2025) – Lowered default transaction fees and introduced limits on signature operations.
3. Legacy Wallet Removal (October 12, 2025) – Phased out old wallet technology for a more secure and user-friendly system.

Deep Dive

1. OP_RETURN Expansion (October 12, 2025)

What happened: Bitcoin Core version 30.0 removed the previous 80-byte limit on OP_RETURN outputs, now allowing up to 4 megabytes of data per transaction. This change is designed to support new uses like timestamping documents or managing decentralized identities directly on the blockchain.

Instead of a fixed limit, the data size is now linked to Bitcoin’s block size, which is 4 MB by default. Developers say this reduces the need for complicated workarounds that spread data across multiple transactions. However, some experts worry this could lead to excessive data being stored, potentially slowing down the network and increasing storage needs for those running Bitcoin nodes.

What it means for you: This update opens up new possibilities for using Bitcoin beyond just sending money, such as verifying documents or identities. But it also means the blockchain could get larger faster if people misuse this feature. Node operators still have the option to set their own limits to manage storage.
(Source)

2. Fee Policy Overhaul (October 12, 2025)

What happened: Bitcoin lowered its default transaction fees to reflect less network congestion and introduced a cap of 2,500 signature operations per transaction.

The fee reduction matches the current demand for block space after the recent surge caused by Ordinals (a way to inscribe data on Bitcoin). The signature operation limit helps prevent overly complex transactions from putting too much strain on the network, preparing for future upgrades like BIP54.

What it means for you: Lower fees make everyday Bitcoin transactions cheaper, which is good news for users. The signature cap helps keep the network stable and secure. However, miners might still prioritize transactions that pay higher fees if many users don’t adopt the new fee settings.
(Source)

3. Legacy Wallet Removal (October 12, 2025)

What happened: Bitcoin Core 30.0 removed support for the old legacy wallet system and moved all users to a newer, descriptor-based wallet format.

The legacy wallet had compatibility and security issues. The new wallet system is more secure, modular, and easier to use. This update also introduced Qt 6, which improves the wallet’s interface performance and works better across different operating systems.

What it means for you: This change improves security and makes managing your Bitcoin easier. If you’re using an older wallet, you’ll need to upgrade to avoid any disruptions. In the long run, the new system offers simpler backups and better privacy features.
(Source)

Conclusion

Bitcoin’s October 2025 updates focus on making the network more adaptable while maintaining its health and security. The OP_RETURN expansion unlocks new ways to use Bitcoin, but the community will need to watch for potential storage challenges. It will be interesting to see how node operators and miners adjust to these changes in the coming months.