[LIVE] Crypto News Today: Latest Updates for Oct. 28, 2025 – Layer 2 Sector Tanks 4.4%, ETH Slips to $4K, BTC Below $114K
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Cryptocurrency sectors saw a broad decline over the past 24 hours, with Layer 2 tokens leading losses after a strong run-up. The Layer 2 sector dropped 4.46%, led by steep falls in Merlin Chain (-16.8%), Zora (-7.58%), and Mantle (-5.43%). Bitcoin slipped 1% to $113,800, while Ethereum fell 2.5% below $4,000. Among outliers, Hedera rose 6.05% ahead of its expected Nasdaq ETF listing, and Trump-themed meme coins gained nearly 10%. However, analysts remain positive on the short term future of the market. “The combination of easier monetary policy and a calmer global backdrop creates a powerful setup for Bitcoin and other cryptocurrencies, which thrive in periods when liquidity is abundant and sentiment is improving,” said Markus Levin, co-founder of XYO.
But what else is happening in crypto news today? Follow our up-to-date live coverage below.
- [LIVE] Fed Payments Innovation Conference: Real-Time Updates as Federal Reserve Discusses Crypto, Stablecoins, and AI with Industry Leaders
- Crypto Market Prospect: After the Washout, the Soil Looks Richer
- Gemini AI Predicts the Price of XRP, ETH, and BNB For the Beginning of 2026
- XRP ETPs Absorb $70M as Institutions Rotate Out of Bitcoin
- XRP Price Prediction: Franklin Templeton Exec Says XRP Is Key to Cross-Border Payments – Is a $3 Breakout Next?
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- [LIVE] Fed Payments Innovation Conference: Real-Time Updates as Federal Reserve Discusses Crypto, Stablecoins, and AI with Industry Leaders
- Crypto Market Prospect: After the Washout, the Soil Looks Richer
- Gemini AI Predicts the Price of XRP, ETH, and BNB For the Beginning of 2026
- XRP ETPs Absorb $70M as Institutions Rotate Out of Bitcoin
- XRP Price Prediction: Franklin Templeton Exec Says XRP Is Key to Cross-Border Payments – Is a $3 Breakout Next?
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