[LIVE] Crypto News Today, October 13 – Bitcoin Price Reclaims $115K as ETH, SOL and XRP Recover After Black Swan Crash: Best Crypto to Buy Right Now?

Bitcoin Bitcoin BTC $114,972.69 3.05% Bitcoin BTC Price $114,972.69 3.05% /24h Volume in 24h $84.18B Price 7d Learn more returned above $115,000 on Sunday, stabilizing after one of the craziest market downturns of the year. Ethereum Ethereum ETH $4,158.09 11.19% Ethereum ETH Price $4,158.09 11.19% /24h Volume in 24h $47.31B Price 7d Learn more  is …

Bitcoin






Bitcoin

Bitcoin





3.05%








Bitcoin

Bitcoin
BTC


Price

$114,972.69

3.05% /24h





Volume in 24h


$84.18B



Price 7d



Learn more


returned above $115,000 on Sunday, stabilizing after one of the craziest market downturns of the year. Ethereum






Ethereum

Ethereum





11.19%








Ethereum

Ethereum
ETH


Price

$4,158.09

11.19% /24h





Volume in 24h


$47.31B



Price 7d



Learn more


 is trading around $4,185, Solana






Solana

Solana





8.09%








Solana

Solana
SOL


Price

$195.54

8.09% /24h





Volume in 24h


$11.17B



Price 7d



Learn more


 near $198, and XRP






XRP

XRP





8.33%








XRP

XRP
XRP


Price

$2.60

8.33% /24h





Volume in 24h


$9.41B



Price 7d



Learn more


at $2.61, each showing signs of steady recovery despite elevated volatility across major trading pairs. Analysts describe the rebound as a typical post-liquidation response following a broad capitulation event but warn that many retail traders who used excessive leverage may not recover their positions.

As funding rates reset and liquidity remains thin, some market observers suggest that leading assets like Bitcoin, Ethereum, and Solana could represent the best crypto to buy during this early recovery phase: but they are not the only assets making big comebacks right now.

EXPLORE: 15+ Upcoming Coinbase Listings to Watch in 2025

The Auto-Deleveraging Drama: Binance Covers $283 Million in User Losses

Let’s start by explaining what auto-deleveraging is: Auto-deleveraging (ADL) is a last-resort safety mechanism in crypto perpetual futures that kicks in when a market crash overwhelms liquidation systems and insurance funds. When bankrupt positions can’t be absorbed by liquidity or internal buffers, exchanges automatically trim part of profitable traders’ positions to rebalance exposure and prevent bad debt.

This means even winning traders can see positions cut during extreme volatility, as happened in the recent black swan event. ADL ranks accounts by profit, leverage, and size—so the biggest, most leveraged winners are reduced first—to keep the system solvent when the losing side can’t pay.

Of course, this made a lot of users angry.

Binance said it compensated users with $283 million following Saturday’s depeg event, which briefly disrupted several collateralized assets, including USDE, BNSOL, and WBETH. The exchange attributed the cascading liquidations to legacy limit orders dating back to 2019 and abrupt price movements in tokens such as ATOM and IOTX.

Binance confirmed it will introduce new safety measures, including price floors and updated index mechanisms, to prevent similar incidents. The company also emphasized that the depeg followed, rather than triggered, the broader market crash.

DISCOVER: What Happened To Crypto Market? Binance Founder CZ Calls For Clarification Behind The $1 Billion Short on Hyperliquid

Institutional Flows Signal Confidence: Best Crypto to Buy During This Recovery?

Spot Bitcoin ETFs recorded $2.71 billion in net inflows between October 6 and 10, led by BlackRock’s IBIT with $2.63 billion. Ethereum ETFs saw $488 million in inflows during the same period, with BlackRock’s ETHA accounting for the majority. Analysts interpret the data as a sign that institutional participation remains strong despite retail uncertainty. The continued accumulation through ETF channels suggests confidence in long-term market fundamentals, even amid short-term price dislocations.

At the same time, altcoins and memecoins are regaining momentum as traders reposition for potential upside. Hyperliquid






Hyperliquid

Hyperliquid





7.29%








Hyperliquid

Hyperliquid
HYPE8


Price

$40.49

7.29% /24h





Volume in 24h


$639.83M



Price 7d



Learn more


climbed 120% in three days, rebounding to $42.20 after forming an inverse head-and-shoulders pattern. Among meme tokens, BSC projects like FOUR (+77%) and PONKE (+15%) are showing renewed retail demand, while Solana-based USELESS






Useless Coin

Useless Coin





48.10%








Useless Coin

Useless Coin
USELESS


Price

$0.3798

48.10% /24h





Volume in 24h


$57.14M



Price 7d



Learn more


surged 47% over the past 24 hours.

Market Cap





As sentiment steadies, analysts suggest that focusing on high-liquidity majors and established ecosystem plays could represent the best crypto opportunities to buy right now.

2 hours ago

Whales Rush To Falcon Finance, ASTER, and CAKE: 2 Next Crypto to Explode For Uptober Come Back?

Fatima

By Fatima

The bulls are creeping back in, and whales seem to know which crypto to explode next. Falcon Finance (FF), ASTER crypto, and CAKE DeFi are experiencing renewed inflows as Uptober revitalises the crypto market. After weeks of sideways action and fear-driven selling, these tokens have posted sharp rebounds, backed by whale accumulation, ecosystem growth and mounting retail FOMO.

Now, as the crypto market gains traction, traders are positioning for the next crypto presales poised to explode and drawing massive attention with record-staking APYs and strong early fundraising. Let’s break down why these projects are stealing the spotlight and how whales are setting up for the comeback rally.

Market Cap





Read The Full Article Here

2 hours ago

Not BNB Hitting a New ATH After the Biggest Liquidation Event in Crypto History

Fatima

By Fatima

BNB has officially printed a new all-time high at $1,354, surging nearly 4% in 24 hours despite recent market chaos. Binance Smart Chain (BSC) is also showing strength with $9.27B in total value locked, up 12% in a day, according to DeFiLlama data.

Daily DEX volume hit $4.75B, while chain revenue exceeded $330K. The network’s resilience suggests strong DeFi activity and growing user engagement.

With momentum building fast, traders are eyeing $1,400 as the next key level — a breakout that could solidify BNB’s dominance heading into mid-October.

The post [LIVE] Crypto News Today, October 13 – Bitcoin Price Reclaims $115K as ETH, SOL and XRP Recover After Black Swan Crash: Best Crypto to Buy Right Now? appeared first on 99Bitcoins.

Ethan Wallwork

Ethan Wallwork

Ethan Wallwork is a technology journalist turned crypto enthusiast who covers the intersection of blockchain, AI, and global finance. With a background in data analytics, he specializes in uncovering patterns in market behavior and forecasting trends in digital asset adoption. Ethan’s articles often highlight how African startups are leveraging blockchain for real-world impact.