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- October Turns Red: $19B Gone in Hours, Markets in Shock
October Turns Red: $19B Gone in Hours, Markets in Shock
By Miles Monroe, BlockLeak24

📊 October Outlook: All Eyes on the Fed, ETFs, and U.S. Stocks
Bitcoin’s next move may hinge on three forces this month — the Federal Reserve’s potential rate cut, ETF inflows, and U.S. equity trends.
Market analysts suggest that a dovish Fed pivot could inject new liquidity into risk assets, while sustained inflows into Bitcoin ETFs would reaffirm institutional appetite. Yet, with Wall Street showing signs of exhaustion, crypto traders remain cautious.
This October could determine whether BTC reclaims its bullish momentum — or slips into consolidation heading into year-end.
💥 $19B Crash Reshapes Market — XRP Leads the Chaos
The crypto market endured another brutal session, wiping out roughly $19 billion in value overnight.
The biggest shock came from XRP, which plunged over 50% in minutes to a low of $0.77 before partially rebounding. It was one of the steepest intraday collapses in the coin’s history.
Early reports suggest politically driven volatility — including escalating rhetoric between Washington and Beijing — as one of the catalysts. The market reaction underscores how fragile sentiment has become amid global uncertainty.
In a bold move, Volatility Shares has filed to launch 3x and 5x leveraged ETFs tied to Bitcoin, Ethereum, and Solana.
If approved, these instruments would allow traders to amplify exposure to major crypto assets — potentially fueling both profits and pain in equal measure.
Regulators will face growing pressure to define boundaries for crypto derivatives as these products edge closer to traditional financial markets. “This could be the moment crypto fully crosses into Wall Street territory,” one analyst told BlockLeak24.
📉 Bitcoin Dips Below $112K Amid Tariff Escalation
Bitcoin slipped below $112,000 as Donald Trump’s latest tariff threat — targeting Chinese vegetable oil imports — reignited fears of a deepening trade war.
BTC briefly touched $111,925, down 1.3% over the past 24 hours. The broader market reacted similarly, with risk-off sentiment spreading across equities and digital assets alike.
Traders are now watching for signs of retaliation from Beijing, as U.S.–China tensions continue to weigh on global markets.
⚖️ Binance Fires Back at Limitless Labs CEO Accusations
Binance has officially denied allegations from C.J. Hetherington, CEO of Limitless Labs, who claimed the exchange demanded payments for project listings.
In a statement, Binance labeled the remarks “false and defamatory,” and hinted at potential legal action.
This comes as the exchange continues efforts to reinforce transparency following recent regulatory scrutiny. The company emphasized that “all listings undergo independent due diligence, with no financial coercion involved.”
📈 Daily Market Recap (Oct 15, 2025):
Global Market Cap: $4.07T (↓ 2.4%)
BTC: $111,925 (↓ 1.3%)
ETH: $4,060 (↓ 2.1%)
XRP: $0.83 (↓ 35%)
SOL: $208 (↓ 3.4%)
BNB: $1,298 (↓ 0.9%)
Top Gainers: MIOTA (+4.1%), MKR (+3.5%)
Top Losers: XRP (−35%), ADA (−6.2%), SOL (−3.4%)