Bitcoin Surges Past $115K as Crypto Stocks Skyrocket on Fed Rate-Cut Hopes
Crypto Market Rally Continues Late October has seen a striking rebound in crypto prices after mid-month volatility. Bitcoin’s price surged from just ~$110K on Oct. 24 to around $115K by Oct. 27decrypt.co. Ethereum and other major altcoins followed suit (Ether ~$4,150coindesk.com, Solana above $200decrypt.co). According to Decrypt, BTC’s weekend climb and similar gains in ETH and SOL added roughly $150 billion to the total crypto market valuedecrypt.co. Global markets were broadly risk-on: gold prices fell (as crypto and stocks took the lead)decrypt.co, and U.S. Treasury yields ticked up as investors rotated out of safe havens. Fund flows confirm the shift. CoinShares