Weekly Crypto Update: Tariff Truce, Fed Pivot, and Macro Whiplash

The week of October 27 to November 3, 2025, captured crypto’s shifting mood between global diplomacy and central bank policy. The Federal Reserve’s rate cut, the Trump–Xi summit in Busan, and a cautious rebound from October’s turbulence defined sentiment. The total crypto market cap moved between $2.16 trillion and $2.3 trillion, finishing the week about 4% lower. Roughly $1.1 billion in liquidations reflected traders trimming leverage as macro signals turned mixed. Bitcoin and Ethereum consolidated, while Solana (SOL) showed resilience on ETF optimism and strong DEX activity. Now let us dive into major moves of this weekly crypto update.

Weekly Crypto Update: Top Gainers (7d) 📈

$ICNT (+48%) – Surged on news of 1,000+ real-world clients, showing growing adoption.
$AO (+44%) – Boosted after the first AO-native x402 facilitator went live.
$WRX (+33%) – Recovered strongly after coming back online following a major hack.
$ANYONE (+28%) – Listed on Google Play Console, expanding its ecosystem reach.
$VIRTUAL (+27%) – Gained from AI-driven ecosystem growth and new partnerships.

Weekly Crypto Update: Top Losers (7d) 📉

$COAI (–81%) – Tanked after community fears around team selling their holdings.
$AIC (–46%) – Faced correction following a 400% one-month rally.
$EVAA (–44%) – Pulled back after a long streak of daily green candles.
$PALU (–38%) – Lost traction as hype faded around the Binance mascot memecoin.
$ZORA (–30%) – Dropped on low buy volume across exchanges.

Diplomacy, Rate Cuts, and Regulatory Shifts

The week opened with anticipation around the Federal Reserve’s October 29 decision and the Trump–Xi summit on October 30 in South Korea. Both events delivered mixed but significant signals.

The Fed announced a 25 basis-point rate cut, bringing the federal funds rate to 3.75–4.00%, the second easing this year.
Chair Jerome Powell’s post-meeting remarks sounded cautious, saying a December cut was “not a foregone conclusion” and emphasizing disagreement among policymakers.
Governor Stephen Miran pushed for a deeper 50 bps cut, while Kansas City’s Jeff Schmid preferred to pause, citing long-term labor concerns.

Crypto reacted negatively at first, as Powell’s restraint disappointed traders. Within a day, $800 million in positions were liquidated, and Bitcoin briefly touched $109,200. Still, analysts viewed the decision as a liquidity-friendly signal for the months ahead. J.P. Morgan expects two more 25 bps cuts before year-end, which could add around $29 billion in liquidity to global markets.

Trump–Xi Summit: Tariff Truce Sparks Relief Rally

The Trump–Xi meeting in Busan on October 30 stole the spotlight. After months of tariff escalation, both sides agreed to de-escalate trade tensions.

Highlights included:

• U.S. tariffs on China lowered from 57% to 47%.
• Fentanyl tariffs cut to 10%.
• China paused rare-earth export curbs, critical for chips and batteries.
• Agricultural purchases resumed, supporting U.S. farm exports.

The announcement sparked a brief global rally. Bitcoin climbed to $111,000, BNB gained 5%, and risk assets turned positive. Trump called it an “amazing meeting,” while Xi framed it as a path toward stability.

Though the details were vague, the market treated the truce as a reset for risk sentiment. Analysts on X called it a “macro unlock” for crypto, referencing the reversal of October’s sharp drawdown.

Fed Fallout and Market Moves

Crypto’s charts mirrored the week’s tug-of-war between optimism and caution.

• Bitcoin (BTC) started at $114,100, reached $116,000, then slipped to $110,000 after the Fed meeting. It closed around $110,300, down 3.3%. RSI hovered near 45, reflecting indecision.
• Ethereum (ETH) lost 2.5%, closing near $3,900, weighed by low volumes and lingering risk aversion.
• Solana (SOL) fell slightly to $194, holding firm thanks to DEX and ETF hype.
• XRP remained steady at $0.55, while DOGE slipped 5%. ZKsync rose 12%, drawing attention from traders rotating into higher-utility assets.

The Fear & Greed Index stayed near 42, and BTC dominance at 59% showed a continued tilt toward safer assets.

Ecosystem Highlights

• Blockchain Life 2025 in Dubai drew 15,000 attendees, spotlighting AI and DeFi integrations.
• SEC extended reviews for SOL and XRP ETFs, while the EU’s MiCA regulation caused a 2% dip in USDT trading volume.
• Whales accumulated ETH, with Galaxy Digital moving 9,272 ETH ($35.7M) into holdings.
• Tron crossed 87.7 million addresses, strengthening its lead in stablecoin settlements.
• Upcoming token events included MemeMarket ($MFUN) and PlayAI ($PLAI), both expected to launch in early November.

Weekly Crypto Update: Market Highlights

• The Fed cut rates by 25 bps to 3.75–4.00%.
• Powell warned that another cut in December was uncertain.
• Nearly $800 million in positions were liquidated after the meeting.
• The Trump–Xi truce lowered tariffs and eased supply chain pressure.
• BTC touched $109K, ETH traded near $3.9K, and SOL stayed around $194.
• Fear & Greed Index rose slightly to 42, showing cautious optimism.
• Alt ETF filings crossed 150, led by SOL, BNB, and LINK.

November Outlook: Calm Before the Comeback

November historically delivers strong gains for Bitcoin, averaging about 46% monthly upside in past cycles. Analysts expect a similar trend this year as macro conditions improve.

Forecasts for major assets:

• BTC: Target range $125K–$150K with ETF inflows building momentum.
• ETH: Could reach $5K–$6K post-Fusaka upgrade.
• SOL: Eyeing $300+ if ETF approval holds.
• XRP: Between $2.50 and $3.50 depending on ETF news.

Risks remain. Powell’s cautious tone, delayed U.S. data, and post-summit uncertainty could spark short-term dips. Yet with easing liquidity, trade peace, and stable ETF demand, November looks set for renewed accumulation and gradual recovery.