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International Business Times UK
International Business Times UK
Business
Angelo dela Dingco

Bitcoin Bloodbath: Crypto Crashes Below $110,000 After Trump–Xi Truce Shocks Markets

Bitcoin's sharp fluctuations highlight the high-stakes nature of crypto investing in 2025. (Credit: Photo: Pixabay)

Bitcoin turned unpredictable in the last week of October 2025. Many investors had expected the digital asset to gain momentum following a meeting between US President Donald Trump and Chinese President Xi Jinping in South Korea. Instead, the trade truce, combined with the US Federal Reserve's rate cut, caused Bitcoin's price to tumble below $110,000, marking a significant setback.

It was a considerable disappointment for crypto bulls, though not entirely unexpected, given Bitcoin's history of volatility. Earlier in October, Bitcoin reached a peak of $124,750, but its value has since experienced sharp swings. Ethereum followed a similar pattern, falling from a high of $4,687 on October 6 to $3,847 at month's end. Overall, Bitcoin declined by 3.9% and Ethereum by 7.2% over the month.

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