Latest Crypto News and Market Updates – October 13

1. Bulls return: Total crypto market cap surpasses $4 trillion

The crypto market surged as total capitalization jumped to $4 trillion (+5.6%) within 24 hours. U.S. stock futures also rose nearly 1%. The rally followed a reassuring statement from Donald Trump: “Don’t worry, everything will be fine.” The community joked: “Stocks are sleeping, crypto is harvesting.”

2. Forbes: Trump among the largest Bitcoin holders in the U.S.

According to Forbes, Trump indirectly holds around $870 million worth of Bitcoin through the parent company of Truth Social, making him one of the largest BTC holders in the United States. The report further strengthens Trump’s image as a crypto-friendly figure.

3. Glassnode: BTC, ETH, SOL funding rates hit lowest levels since 2022

Glassnode reported that funding rates for BTC, ETH, and SOL have dropped to their lowest points since the 2022 bear market — all turning negative. SOL, in particular, recorded a funding rate of -0.0487%, signaling deep investor pessimism and cautious sentiment.

4. GIGGLE token soars 24% after being mentioned by CZ

The GIGGLE token on BSC jumped 24% in a day, reaching a market cap of $146 million after CZ, the former Binance CEO, mentioned it. As in previous cases, the “CZ effect” once again drove strong retail interest and buying momentum.

5. BSC ecosystem rebounds, BNB surpasses $1,313

Tokens in the BSC ecosystem such as ASTER, LISTA, FORM, and CAKE all posted strong gains. BNB crossed the $1,313 mark after Binance spent $283 million to compensate losses related to the USDe depeg incident. BSC remains one of the most active and resilient ecosystems in the market.

6. SNX rallies 80% ahead of mainnet trading competition

SNX surged 80% ahead of its mainnet trading competition set for October 20. The event has attracted traders’ attention, marking a strong comeback for the Synthetix ecosystem this month.

7. Privacy coins lose momentum as “smart money” rotates away

Privacy coins like ZEC and DASH have lost steam as capital flows into other altcoins. Analysts suggest that “smart money” is shifting away from defensive assets toward more opportunistic short-term plays.

8. Gold hits new record, Tether CEO says Bitcoin will outlast fiat

Spot gold reached a new all-time high of $4,050 per ounce. Tether’s CEO commented, “Bitcoin and gold will outlive every fiat currency,” reinforcing Tether’s long-term bullish stance on digital assets and real-world stores of value.

9. Analysts warn of lingering impact from recent crash

Experts caution that the full impact of the recent market crash may take several weeks to unfold. The market is expected to remain volatile and highly news-driven, prompting investors to focus on disciplined risk management.

10. Grayscale files SEC Form 10 for TAO Trust as AI trend revives

Grayscale has filed SEC Form 10 for its TAO Trust, boosting the TAO token’s price and reigniting the AI narrative across crypto. Meanwhile, the Fear & Greed Index climbed from 31 (“Fear”) to 40 (“Neutral”), signaling improving investor confidence.

Overview

On October 13, 2025, the crypto market rebounded strongly, with total capitalization surpassing $4 trillion. Capital flowed back into BSC and meme tokens, while negative funding rates hinted at lingering caution. Trump’s comments and Grayscale’s AI revival helped fuel optimism for the new week.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.