Is Crypto Market Ready to Recover after Its Recent Crash?

Updated on Oct 13, 2025 at 7:53 pm UTC by · 1 min read

Read this article to find out whether the crypto market is poised for a rebound after its recent crash over the weekend. Let’s explore the recent trends on Oct. 13.

Following the massive crash on Oct. 10, the crypto market has bounced back sharply. Bitcoin BTC $91 403 24h volatility: 0.3% Market cap: $1.82 T Vol. 24h: $52.68 B has reclaimed $115,000, while altcoins, led by Ethereum ETH $3 017 24h volatility: 0.7% Market cap: $364.09 B Vol. 24h: $15.03 B , have also experienced significant recoveries.
Marco T. Lanz

Zcash’s privacy-focused ecosystem is experiencing significant growth, with its “shielded” supply—coins stored in anonymous transaction pools that become completely untraceable—now exceeding 4.42 million ZEC, representing 27% of total supply and maintaining a market capitalization above $1 billion.

The privacy coin has surged 635% from its August lows of $34.47 to current levels around $253, notably surviving October’s historic market crash with minimal damage compared to other cryptocurrencies, even posting gains on “Dark Friday” when $19.35 billion was liquidated across crypto markets.

Zcash (ZEC) daily price chart on October 13, 2025 | Source: TradingView

Read more details here.

Marco T. Lanz

CME Group, the world’s largest derivatives exchange, has officially launched CFTC-regulated options on Solana and XRP futures, marking a significant expansion of its cryptocurrency offerings beyond Bitcoin and Ethereum.

The physically settled contracts are designed to provide institutional traders with enhanced risk management tools and flexible exposure to both assets, which join CME’s regulated trading platform that recorded 9.2 million contracts in Q2 2025.

Read more details here.

Marco T. Lanz

BNB Chain has launched a $45 million “Reload Airdrop” to compensate over 160,000 memecoin traders who suffered losses during the recent market crash.

The initiative, announced on October 13, 2025, will distribute funds in BNB randomly (averaging approximately $281 per wallet) rather than by trading volume, with distributions expected to complete by early November.

Read more details here.

Julia Sakovich

MicroStrategy continued its Monday tradition of revealing new BTC purchases , though it skipped its usual update last week.

On Oct. 13, Michael Saylor, the company’s executive chairman, revealed the acquisition of 220 Bitcoin for approximately $27.2 million, at an average price of $123,561 per coin.

With this latest addition, MicroStrategy’s total Bitcoin holdings have grown to 640,250 BTC. The company has also reported a year-to-date Bitcoin yield of 25.9% in 2025.

Julia Sakovich

WazirX announced that the Singapore High Court has approved its restructuring plan after an earlier rejection in September 2025. The exchange is now expected to proceed with repayment and recovery measures.

The platform suffered losses of approximately $230 million in a July 2024 cyberattack linked to North Korea’s Lazarus Group. This attack impacted thousands of users.

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