[LIVE] Crypto News Today, October 30 – Flush In The Market After FOMC Meeting, Bitcoin Price Retested $108K: Is The Dip Over? New Best Crypto To Buy
The crypto market traded mixed on Wednesday as traders digested the aftermath of the latest FOMC meeting and repositioned ahead of key macro data. BitcoinBTC$109,988.192.63%BitcoinBTCPrice$109,988.192.63% /24hVolume in 24h$77.21BPrice 7d extended its pullback, falling 1.8% to around $108,000, while EthereumETH$3,900.112.85%EthereumETHPrice$3,900.112.85% /24hVolume in 24h$32.88BPrice 7d held firm near $3,900. Despite the volatility, some traders are rotating capital into promising altcoins, searching for the new best crypto to buy before the next market leg higher.
People need to relax a little on being so damn bearish. is in a uptrend still, nothing saying we aren't.
— VikingXBT (@VikingXBT)
Across the board, roughly $590 million in liquidations occurred in the past 24 hours, mostly from overleveraged long positions. Meme coins and Layer 1 tokens, however, bucked the broader weakness: PUMP and OFFICIAL TRUMP led memecoin gains, while Zcash (ZEC) and Hedera (HBAR) outperformed among base-layer projects.
Long-time transferred 2,587.6 BTC (worth around $290 million) to Kraken in less than 10 days. On-chain analysts interpret the sale as a rare case of profit-taking from one of Bitcoin’s earliest adopters, signaling cautious sentiment even among veteran investors.
Meanwhile, that Fight Fight Fight LLC, issuer of the Trump-linked memecoin, is in talks to acquire the U.S. business of crowdfunding platform Republic, a deal that could expand the token’s role in startup fundraising and payments.
EXPLORE:
Altcoin Spotlight: Hyperliquid Leads The Race While Traders Look For The Best New Crypto To Buy
Among standout performers, Hyperliquid (HYPE) continues to dominate DeFi headlines after a 110% rebound since mid-October. Trading near $49, the token is closing in on its all-time high of $59. Analysts highlight its strong fundamentals, over $111 million in fee revenue this month, a $644 million buyback program, and a rapidly expanding on-chain ecosystem.
If momentum holds above $48, HYPE could break toward the $55–$60 range in the coming weeks, supported by growing adoption of its HyperEVM technology and dominance in decentralized derivatives.
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As volatility cools post-FOMC, investors are eyeing utility-driven ecosystems like Hyperliquid, Hedera, and Solana — each emerging as potential leaders in the ongoing search for the new best crypto to buy heading into November.
DISCOVER:
US-China Summit Yields Major Economic and Security Deal
By Fatima
At a high-profile meeting between President Donald Trump and Chinese President Xi Jinping, China committed to purchasing large quantities of U.S. farm products and energy, agreed to continue supplying critical minerals, and pledged to cooperate with the U.S. to stop the flow of fentanyl.
Trump highlighted the strengthened U.S.–China ties and emphasized the economic benefits for America, while also praising support from other Asia-Pacific nations and expressing optimism about the future.
JellyJelly Crypto Coming Back +50% Today: Is This The Best Crypto to Buy Now?
By Fatima
It’s been a wildly good day for JellyJelly crypto. The coin suddenly shot up by over 50%, rising to around $0.13 as of the time this is being written.
Degens in the Solana community can’t stop talking about it, and some are already calling it the best crypto to buy now. The move seems to show how fast confidence can return to meme-style tokens, especially when the whole Solana ecosystem is coming back again.
What’s interesting about JellyJelly crypto is that it’s not just another meme. It’s tied to a short video app that rewards on-chain users, giving it a bit more utility than most. Market cap passed $130 million , while daily volume spiked past $32 million, about three times its recent average and a good number considering how empty and depressing the current market is.
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According to some JellyJelly members, whale wallets were spotted stacking up during the rally. One trader even posted that this might be “the first Solana meme comeback worth chasing.” Whether it’s hype or momentum, JellyJelly crypto is back on a lot of watchlists as possibly the best crypto to buy now in short-term plays.
