[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
Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.
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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.
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- Google Gemini AI Predicts XRP Price Will Surprise Everyone in the Next 60 Days
- Mark Zuckerberg’s Meta AI Just Revealed This Shocking Bitcoin Price Prediction for the End Of 2026
- Crypto News, July 16: All Eyes on Tomorrow’s Clarity Act Hearing as Bitcoin and Ethereum Hold Key Price Levels
- Cardano News: Cardano’s Van Rossem Hard Fork Activates Tomorrow, And Whales Are Buying While Traders Go Short
- XRP Price Could Double as Ripple Pushes Senate for Clarity Act
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