![[LIVE] Crypto News Today: Latest Updates for Oct. 22, 2025 – Crypto Market Erases Gains After Rebound as US-China Trade Tensions Escalate; Bitcoin Drops to $108K](https://magamedicine.com/wp-content/uploads/2025/10/1761108735_1761108266-oct-22-300x196.jpg "[LIVE] Crypto News Today: Latest Updates for Oct. 22, 2025 – Crypto Market Erases Gains After Rebound as US-China Trade Tensions Escalate; Bitcoin Drops to $108K")
The crypto market smashed records with a $4.28 trillion valuation as Bitcoin soared past $123K and Ethereum topped $4,700. Layer 2s like Mantle and Arbitrum surged 7%+, signaling demand for scalable solutions. In a seismic shift, OKX overhauled its X Layer chain using Polygon’s tech—slashing fees to near zero and burning $7.6B in OKB tokens to cap supply. Meanwhile, Bullish (BLSH) exploded onto NYSE, rocketing 175% at its debut and raising $1.1B, showcasing Wall Street’s hunger for regulated crypto plays. MetaMask’s upcoming compliant stablecoin (mUSD), backed by Blackstone and Stripe, aligns with new U.S. regulations—paving the way for mass adoption.
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