Key Takeaways

• Crypto markets underwent a sharp $19 billion liquidation after a geopolitical flash crash, yet Bitcoin remained above $114,000 as of 29 October 2025.
• The current crypto market review highlights significant platform partnerships and ongoing asset shifts, signaling a week of rapidly shifting sentiment.
• Crypto.com announced a partnership with Truth Social, marking new steps toward mainstream crypto adoption.
• The Kronos token surged, drawing interest from both established traders and newcomers.
• Securitize revealed plans to go public with a focus on connecting real-world assets to crypto, bringing renewed attention to tokenization.
• Eyes remain on the ongoing Federal Reserve meeting for possible policy impacts on the crypto sector.

Introduction

On 29 October 2025, the crypto market review focuses on a $19 billion liquidation sparked by a geopolitical flash crash. This event challenged investor confidence while Bitcoin sustained levels above $114,000 as the Federal Reserve meeting commenced. This roundup examines major market shifts and continued steps toward broader crypto adoption and integration across platforms.

Top Story: $19 Billion Liquidation Rocks Crypto Markets

The cryptocurrency market faced one of the largest liquidation events of the year, with approximately $19 billion in leveraged positions eliminated within 24 hours. Bitcoin fell nearly 15% before stabilizing, and major altcoins saw deeper corrections with losses exceeding 25% in some cases.

Analysts attributed the cascade of liquidations to multiple factors, including excessive leverage in the derivatives market and the sudden announcement of potential new tariffs on Chinese technology imports by the Trump administration. This geopolitical uncertainty initiated selling, which accelerated as automated liquidation triggers were reached.

Major exchanges such as Binance and OKX reported temporary outages at the peak of volatility, implementing circuit breakers to curb further disruption. Overall trading volume surpassed $150 billion across spot markets, the highest daily total since January 2025.

Also Today: Market Reactions

Bitcoin Holds Above Support

Bitcoin stabilized around the $58,000 level after the recent sell-off, with significant buyer interest observed at this technical support zone. On-chain data showed that long-term holders largely maintained their positions, with minimal distribution from wallets inactive for more than a year.

Institutional flows present a mixed picture. Some funds used the dip as a buying opportunity, while others exercised caution. BlackRock’s Bitcoin ETF recorded $120 million in inflows, indicating that select institutional investors viewed the correction as favorable for entry.

Kronos Protocol Surges Despite Downtrend

In contrast to broader market declines, Kronos Protocol’s native token (KRO) surged 27%. The rally followed the early release of enhanced security features and a new liquidity mining program by the DeFi platform.

Trading volume for KRO exceeded $780 million in the past 24 hours, an 800% increase from its weekly average. Analysts stated that this movement highlights increased interest in protocols with strong risk management during periods of volatility.

Also Today: Strategic Developments

Significant Exchange Partnerships

Amid market turbulence, major exchanges announced strategic partnerships. Coinbase disclosed a collaboration with Visa to launch an enhanced crypto debit card program across North America and Europe by December 2025.

Kraken announced a partnership with Chainalysis to bolster its compliance and risk assessment systems. This step comes as regulators intensify scrutiny of exchange operations in the wake of recent market events.

Public Offerings Postponed

Several crypto firms have delayed their planned public offerings due to the recent downturn. Mining company HashCore and custody provider Vault Securities postponed their IPOs, citing unfavorable conditions and a need to reassess valuations.

Sources quoted by Bloomberg noted that these offerings might be pushed to the first quarter of 2026 if market volatility persists. This marks a notable shift from earlier optimism regarding crypto IPOs.

Market Wrap: Sector Performance

The DeFi sector suffered major losses during the correction, with total value locked (TVL) dropping approximately 18% to $87 billion. Lending protocols saw the largest outflows as participants reduced exposure.

Stablecoin trading volumes reached an all-time high of $82 billion in the past 24 hours as traders sought safer assets. USDC and USDT briefly traded at premiums of 1.02 and 1.03 on some exchanges during heightened volatility, reflecting strong demand for dollar-pegged options.

NFT markets experienced a 65% drop in activity compared to the previous week, with established collections retaining value more effectively than speculative projects. The gaming token index declined by 22.9%, underperforming relative to other altcoin categories.

What to Watch: Key Dates and Events

• Federal Reserve interest rate decision (5 November 2025)
• SEC deadline for spot Ethereum ETF applications (12 November 2025)
• G20 crypto regulatory framework announcement (15 November 2025)
• Ethereum Shanghai upgrade implementation (18 November 2025)
• Congressional hearing on crypto market stability (21 November 2025)

Conclusion

This crypto market review underscores the ongoing volatility confronting digital assets, as a record $19 billion liquidation tested both trading platforms and investor confidence. Developments ranging from resilient Bitcoin support to postponed IPO plans and historic stablecoin demand illustrate how real-world events and regulatory expectations continue to shape the sector. What to watch: Key decisions from the Federal Reserve, SEC, G20, and U.S. Congress in November may determine the next direction for crypto markets.