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Bitcoin Updates: Bitcoin Breaks Past $112,000 as Investors Turn to Digital Safe Haven

Bitcoin Updates: Bitcoin Breaks Past $112,000 as Investors Turn to Digital Safe Haven

Bitget-RWA2025/10/29 18:42
By:Bitget-RWA

- Bitcoin surged past $112,000 following the U.S. Federal Reserve's policy decision, driven by geopolitical optimism, institutional interest, and strategic trading. - A seasoned trader, "0xc2a," secured $17 million in profits through Bitcoin and Ethereum long positions, highlighting whale influence on market sentiment. - Trump's planned meeting with Xi Jinping and a $400M influx into Bitcoin's DeFi protocols pushed prices to a 10-day high near $114,000. - Institutional adoption and $10B in Q3 M&A, alongsid

Bitcoin climbed above $112,000 following the latest policy announcement from the U.S. Federal Reserve, driven by a combination of global political events, strategic trading activity, and a resurgence of interest from major investors. The digital asset bounced back after a turbulent October, which saw a 16% drop mid-month due to concerns over President Donald Trump's declaration of a 100% tariff on goods from China. Amid this volatility, an experienced trader known as "0xc2a" managed to earn $17 million in gains by taking long positions on

and , as reported by . This achievement demonstrates how influential investors, often referred to as "whales," can sway market sentiment by showing confidence during periods of uncertainty.

The upward trend accelerated after news emerged that Trump would meet with Chinese President Xi Jinping in Korea, which sparked

about improved trade relations and pushed Bitcoin to a 10-day peak near $114,000, according to . This positive geopolitical outlook coincided with a $400 million inflow into Bitcoin’s decentralized finance (DeFi) sector, as investors shifted funds into interest-earning opportunities. At the same time, gold—traditionally seen as a safe haven—lost some of its appeal, dropping 6% from its October 18 high. This movement of capital highlighted a growing trend of both institutional and retail investors turning to Bitcoin as protection against inflation and global instability.

Bitcoin Updates: Bitcoin Breaks Past $112,000 as Investors Turn to Digital Safe Haven image 0

The crypto sector’s strength was further supported by a record $10 billion in mergers and acquisitions (M&A) in Q3 2025, fueled by worldwide interest rate reductions and efforts to blend blockchain with conventional finance, according to

. Central banks have aggressively lowered rates, with 312 cuts over two years, boosting demand for both Bitcoin and gold. Notably, long-term Bitcoin holders now possess nearly the highest amount on record, while exchange reserves have dropped, indicating less selling pressure. Experts link this to increasing institutional adoption, with the Securities and Exchange Commission recently approving new spot ETFs for , , and .

In addition to price movements, advances in technology and infrastructure are transforming the crypto industry. Bitcoin mining companies reported higher revenue and EBITDA in Q3 2025, with firms such as

and landing high-performance computing (HPC) contracts to enhance profitability, according to . Meanwhile, Brazilian solar company Thopen is considering Bitcoin mining as a way to monetize excess renewable energy, reflecting a worldwide pattern of energy firms using crypto to balance power grids, as described in . These initiatives underscore Bitcoin’s growing utility as a means to make use of surplus resources.

Despite the positive outlook, obstacles remain. A proposed Bitcoin Improvement Proposal (BIP-444) aims to reduce spam and illicit content on the blockchain through a temporary soft fork, sparking debate among developers, according to

. The measure would limit arbitrary data in transactions, addressing concerns about potential legal risks for node operators. Additionally, Bitcoin’s price has been consolidating around $113,000, with analysts noting that a move above $116,000 is needed to confirm a lasting rally. Short-term investors are closely monitoring the $113,600 mark, which has become a crucial level, according to .

Looking forward, notable figures such as Michael Saylor and Robert Kiyosaki have continued to express bullish views, with Kiyosaki forecasting that Bitcoin could reach $200,000 by the end of the year, according to

. Their optimism reflects broader market dynamics, including a more mature DeFi landscape and increasing liquidity in Bitcoin’s derivatives markets. As the crypto industry faces ongoing regulatory and technical challenges, its capacity to respond to global economic changes and institutional needs will be key to maintaining its recent momentum.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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