Morning Crypto Report: Bitcoin to Lose 50% Against Gold? SEC to Decide on 6 XRP ETFs in 5 Days, Binance Announces $283 Million Repayment

But at the same time, Bitcoin dominance has hit its strongest point in two months, passing 55%. This shows traders exiting altcoins and going back to BTC because they think even when things get tough, it will always be the crypto standard.

The thing is, Bitcoin might do better than altcoins in percentage terms, but it does not hold its value as well as gold. For investors, that means the fight between “digital gold” and “high-risk tech” is far from over.

XRP ETF decision window opens

Oct. 18-24 is going to be a big deal for XRP, as the U.S. Securities and Exchange Commission is set to make rulings on six spot ETF applications linked to the token. Grayscale, 21Shares, Bitwise, CanaryCapital, CoinShares and WisdomTree are all under review. If just one of these gets approved, it will be a first for the US — putting XRP in the same category as Bitcoin and Ethereum, which recently got their own ETFs approved.

If a spot ETF gets the green light, we could see a rush of institutional capital, with the XRP price potentially following the same path as BTC and ETH after their respective ETFs.

Analysts are already saying that XRP could test major resistance zones above $3 in such a scenario.

But there is still a lot of uncertainty. The SEC is currently operating with reduced staff due to a government funding freeze, which could lead to delays in procedures. It is also possible that the commission will deny the application if they decide that liquidity or investor protection standards are not being met.

Binance pays $283 million in compensation

The other big development is from the world‘s largest crypto exchange, which announced a $283 million compensation package for clients hit hardest by the sudden collapse during the Oct. 10-11 crash. The three instruments that caused the losses were: Ethena’s USDe stablecoin dropped from $1 to $0.65 in a few hours, Binance Staked SOL (BNSOL) was issued as a derivative of Solanas staking program and Wrapped Beacon ETH (WBETH) is tied to locked Ethereum deposits.

Some people ask why is #BNB so strong？

While others tried to ignore, hide, shift blame, or attack competitors, the key @BNBChain ecosystem players (Binance, Venus, and more) took hundreds of millions out of their own pockets to PROTECT USERS.

Different value systems. ???? https://t.co/zb0UIBfcBn

— CZ ???? BNB (@cz_binance) October 13, 2025

When these assets dipped below their expected pegs or valuations, Binances internal price oracles marked them down aggressively, triggering forced liquidations on both long and short positions.

To restore confidence, Binance reimbursed clients directly, calling the payout a corrective measure in response to “extraordinary macroeconomic volatility” that drove panic-selling across institutional and retail accounts.

Evening outlook

The evening news is not just about one big story; it is all about how these three things are connected. Crypto is still linked to major economic pressures, government control and centralized platforms, even though it is supposed to be decentralized.

As we head into the U.S. stock market opening, traders are focusing on whether Bitcoin can hold its ground at between $109,000 and $111,000. If it dips below those levels, it could trigger a chain reaction of liquidations. On the upside, targets are around $113,000 to $114,000.

Ethereums $4,300 zone is still important, and there is not much sign of new energy beyond that price point.