Crypto News Today, October 16: Last Week’s Bitcoin Price Prediction Came True, Another Pain Came | Trump Announcement to Revive Crypto?
Today highlights Bitcoin and crypto price dips following Trump news on trade policies. Our prediction warned of Bitcoin price volatility last week, and it hit the mark as markets reacted to US and China tensions. Crypto bros are now watching, monitoring, and hoping for Trump 3pm speech for clues on easing pressures.
Donald Trump said the United States is in a trade war with China.
— MilitaryNewsUA (@front_ukrainian)
Most news outlets underscore that crypto markets often whisper before they scream, and the market is whispering today.
BitcoinBTC$111,432.410.97%BitcoinBTCPrice$111,432.410.97% /24hVolume in 24h$64.83BPrice 7d
is still trading above $100K at $110K as of this morning.
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The current drop aligns with recent headlines: Trump’s revived trade war posture with Xi Jinping spooked markets, and Bitcoin price slipped beneath recent support, wiping out accumulated gains. The correction mirrors last week’s Bitcoin price prediction, which foresaw volatility amid geopolitical back-and-forth.
Market Cap
DISCOVER:
Market Reaction and Bitcoin Price Prediction Unfolding
One of our takes had warned of a price pullback in a stressed scenario, and we now got exactly what we bargained for. The recent drops liquidated billions in leveraged positions, contributing to crypto pain. Yet in overnight trade, we saw stabilizing attempts, with BTC clawing back around the $111,000 mark.
Looking forward, Bitcoin price still holds upside potential, with many crypto bettors coming with the same prediction of a rally toward $130,000 by Q4. But beware, it’s not going to be a straight vertical line, expect sharp swings up and down. In bullish scenarios, some analysts even flirt with $1,000,000 before 2026.
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DISCOVER:
Trump Announcements in The News Today, Crypto Altcoins, and Ethereum Season
Trump upcoming speech could be the spark that reignites crypto sentiment. If his address softens tariffs or hints at framing the US as a blockchain leader, we may see capital re-enter the space. His past pro-crypto leanings feed that optimism, and especially today, with rumors of 2-3 more rate cuts this year.
I’m hearing there’s a 77% chance of 3 rate cuts in 2025.
— Exy (@eth_exy)
On the altcoin front, the BNB ecosystem is getting attention. As reported by CNBC, chatter that the Trump family eyed a stake in Binance’s US arm had previously catalyzed BNB’s upside.
Now, utility plays like
AsterASTER$1.2811.10%AsterASTERPrice$1.2811.10% /24hVolume in 24h$1.87BPrice 7d
could benefit once the next leg kicks. Meanwhile, “Ethereum season” talk is creeping back into conversations with
EthereumETH$4,048.892.25%EthereumETHPrice$4,048.892.25% /24hVolume in 24h$36.06BPrice 7d
outpacing
BitcoinBTC$111,432.410.97%BitcoinBTCPrice$111,432.410.97% /24hVolume in 24h$64.83BPrice 7d
in recent stretches, and in a rising-rate or inflationary shock scenario, DeFi demand might favor Ethereum’s ecosystem.
Despite the short-term pain triggered by the US-China escalation, the trajectory for crypto remains bullish, and a few rallies could start anytime.
Today, our Bitcoin price prediction came to fruition, and the count of volatility is still valid. If Trump’s speech later leans favorable, we could see a slight pump. If he doubles down on tariffs, expect further turbulence. But bulls are still in play. The next leg up is coming one way or another.
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DISCOVER:
What is BLESS Crypto? BLESS Price Just Left Orbit in 600% Pump – Best Crypto Presales To Catch Next Pump?
By Akiyama Felix
Is BLESS crypto the next big altcoin everyone’s been sleeping on? As traders hunt for the best crypto presales ahead of the next FOMO wave, the BLESS price has surged by more than 600%, rising from $0.03 to over $0.22 in just 1 day. The sudden rally, driven by Binance Alpha listing hype and strong community traction, transformed this decentralised compute token into one of the most-watched coins by mid-October 2025.
But what exactly is fueling this surge, and can it sustain the hype, or is it just another rocket waiting to cool down? Let’s dive into what makes BLESS unique and where traders are looking next.
Market Cap
Read the full story .
BNB Meme Season? Hajimi, 币安人生, And Many 100‑1000x Runners. What’s Next? What’s The Best Memecoin to Buy Now?
By Akiyama Felix
The BNB meme season is on, crowds rushed into Binance universe, shepherded by breakout stars like 4, Hajimi, and 币安人生. Suddenly, the search “best memecoin to buy now” dominates crypto feeds, as people chase the next moonshot. In that window, BNB eco token launches exploded, DEX volumes on BNB Chain surged past $6 billion on some days, while CoinGecko showed meme assets swarming the top movers list. As the craze evolves, real opportunities will go to tokens that are ready to go viral.
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What powered the BNB meme season? Several factors aligned:
DEX volume dominance:
BNBBNB$1,176.290.96%BNBBNBPrice$1,176.290.96% /24hVolume in 24h$4.43BPrice 7d
Chain topped other chains in daily DEX activity (≈ $6.05B)
Retail flow & low fees: Many traders fled chains with high gas costs and landed in
Narrative momentum: Memes like Hajimi, 币安人生, and Chinese-themed tokens are running like there’s no tomorrow
Capital support: Funds like Binance’s relief and grants injected liquidity during pullbacks
According to CoinGecko, the total meme category cap now hovers near $64 billion, and the meme narrative has become one of the most searched crypto themes as the total market cap is poised for a jump. As the frenzy intensifies, the best memecoin to buy now will need to stand out—not just by humor, but also by its utility, tokenomics, and narrative.
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Read the full story .
Experts Make Shocking Claim That Quantum Computing Can Destroy Bitcoin in 2 Years
By Akiyama Felix
Quantum computing could break Bitcoin’s encryption and send the digital asset to zero far sooner than many people believe, according to Capriole Investments founder Charles Edwards.
Speaking at TOKEN2049 earlier this month, Edwards shocked crypto enthusiasts by stating that he believes Bitcoin is under a huge threat from quantum computing, and that developers have a limited amount of time to address quantum concerns.
Bitcoin
BitcoinBTC$111,432.410.97%BitcoinBTCPrice$111,432.410.97% /24hVolume in 24h$64.83BPrice 7d
is down -1.1% today, slipping to $111k as ongoing trade tensions between the US and China continue to destabilize the market.
Here is the truth bomb everyone is ignoring.
20-30% of Bitcoin will be taken by a Quantum Machine within 2-8 years and there is absolutely nothing we can do to stop this. These are P2PK addresses, like Satoshis $125B, and many other old/lost coins.
Donald Trump said the United States is in a trade war with China. 
MilitaryNewsUA
(@front_ukrainian) 
