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[LIVE] Crypto News Today: Latest Updates for Oct. 28, 2025 – Layer 2 Sector Tanks 4.4%, ETH Slips to $4K, BTC Below $114K


by Jai Pratap
for Cryptonews
[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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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.

The post [LIVE] Crypto News Today: Latest Updates for Oct. 28, 2025 – Layer 2 Sector Tanks 4.4%, ETH Slips to $4K, BTC Below $114K appeared first on Cryptonews.

Read the article at Cryptonews

In This News

Coins

$ 85.24K

-2.32%

$ 2.77K

-3.86%

$ 0.0000995

$ 0.000603

$ 0.00498

-3.05%

Share:

In This News

Coins

$ 85.24K

-2.32%

$ 2.77K

-3.86%

$ 0.0000995

$ 0.000603

$ 0.00498

-3.05%

Share:

Read More

Why Is Crypto Down Today? – November 21, 2025

Why Is Crypto Down Today? – November 21, 2025

The crypto market is down today. BTC fell 8.7% to $84,152, and ETH dropped 10% to $2,...
Bitcoin ETFs Have Bled a Record $3.79B in November

Bitcoin ETFs Have Bled a Record $3.79B in November

U.S.-listed spot BTC and ETH ETFs see record outflows.

[LIVE] Crypto News Today: Latest Updates for Oct. 28, 2025 – Layer 2 Sector Tanks 4.4%, ETH Slips to $4K, BTC Below $114K


by Jai Pratap
for Cryptonews
[LIVE] Crypto News Today: Latest Updates for Oct. 28, 2025 – Layer 2 Sector Tanks 4.4%, ETH Slips to $4K, BTC Below $114K

Share:

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.

The post [LIVE] Crypto News Today: Latest Updates for Oct. 28, 2025 – Layer 2 Sector Tanks 4.4%, ETH Slips to $4K, BTC Below $114K appeared first on Cryptonews.

Read the article at Cryptonews

In This News

Coins

$ 85.24K

-2.32%

$ 2.77K

-3.86%

$ 0.0000995

$ 0.000603

$ 0.00498

-3.05%

Share:

In This News

Coins

$ 85.24K

-2.32%

$ 2.77K

-3.86%

$ 0.0000995

$ 0.000603

$ 0.00498

-3.05%

Share:

Read More

Why Is Crypto Down Today? – November 21, 2025

Why Is Crypto Down Today? – November 21, 2025

The crypto market is down today. BTC fell 8.7% to $84,152, and ETH dropped 10% to $2,...
Bitcoin ETFs Have Bled a Record $3.79B in November

Bitcoin ETFs Have Bled a Record $3.79B in November

U.S.-listed spot BTC and ETH ETFs see record outflows.