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.

Most news outlets underscore that crypto markets often whisper before they scream, and the market is whispering today.






Bitcoin

Bitcoin





0.97%








Bitcoin

Bitcoin
BTC


Price

$111,432.41

0.97% /24h





Volume in 24h


$64.83B



Price 7d





Buy with Best Wallet


is still trading above $100K at $110K as of this morning.

(source – Crypto Ranking Table, CoinGecko)

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.

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DISCOVER: 16+ New and Upcoming Binance Listings in 2025

Market Reaction and Bitcoin Price Prediction Unfolding

One of our Bitcoin prediction 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.

(source – X)

DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025

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.

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






Aster

Aster





11.10%








Aster

Aster
ASTER


Price

$1.28

11.10% /24h





Volume in 24h


$1.87B



Price 7d





Buy with Best Wallet


could benefit once the next leg kicks. Meanwhile, “Ethereum season” talk is creeping back into conversations with






Ethereum

Ethereum





2.25%








Ethereum

Ethereum
ETH


Price

$4,048.89

2.25% /24h





Volume in 24h


$36.06B



Price 7d





Buy with Best Wallet


outpacing






Bitcoin

Bitcoin





0.97%








Bitcoin

Bitcoin
BTC


Price

$111,432.41

0.97% /24h





Volume in 24h


$64.83B



Price 7d





Buy with Best Wallet


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.

(source – X)

DISCOVER: 9+ Best Memecoin to Buy in 2025

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What is BLESS Crypto? BLESS Price Just Left Orbit in 600% Pump – Best Crypto Presales To Catch Next Pump?

Akiyama Felix

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.

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Read the full story here.

BNB Meme Season? Hajimi, 币安人生, And Many 100‑1000x Runners. What’s Next? What’s The Best Memecoin to Buy Now?

Akiyama Felix

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.

The BNB meme season is on, the search “best memecoin to buy now” dominates crypto feeds, as people chase the next moonshot.

(source – BNB DEX volume, Defillama)

What powered the BNB meme season? Several factors aligned:

  • DEX volume dominance:






    BNB

    BNB





    0.96%








    BNB

    BNB
    BNB


    Price

    $1,176.29

    0.96% /24h





    Volume in 24h


    $4.43B



    Price 7d





    Buy with Best Wallet


    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 BNB’s ecosystem
  • 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.

The BNB meme season is on, the search “best memecoin to buy now” dominates crypto feeds, as people chase the next moonshot.

(source – Meme Market Cap, CoinGecko)

Read the full story here.

Experts Make Shocking Claim That Quantum Computing Can Destroy Bitcoin in 2 Years

Akiyama Felix

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






Bitcoin

Bitcoin





0.97%








Bitcoin

Bitcoin
BTC


Price

$111,432.41

0.97% /24h





Volume in 24h


$64.83B



Price 7d





Learn more


is down -1.1% today, slipping to $111k as ongoing trade tensions between the US and China continue to destabilize the market.

Read the original piece here.

The post Crypto News Today, October 16: Last Week’s Bitcoin Price Prediction Came True, Another Pain Came | Trump Announcement to Revive Crypto? appeared first on 99Bitcoins.