$SHELL and Initia Top the Oct 28 Crypto Wrap: Altcoins Bounce, Bitcoin Stays Flat 📰

🕒 Updated: Oct 28, 23:45 UTC

The day after the Fed hold was quiet for Bitcoin and busy for altcoins. 44 of the 69 most-traded coins on Binance spot closed the day green.

📰 TODAY IN 4 POINTS
🟠 Bitcoin moved less than 2% all day (80,397 - 81,823) and is up 0.5%. Ethereum is up 0.4% at 2,360.
🟱 Initia (+32.8%) was the top gainer. MyShell (+16.1%), Blur (+13.4%) and PEPE (+9.2%) followed.
🔮 Losers were concentrated in small caps: NFPrompt -65.8%, Nillion -14.5%, Lorenzo -13.3%.
📊 Volume stayed on the majors: Bitcoin about 1.06B USDT and Ethereum 420M on spot.

👀 WHAT TO WATCH FOR OCT 29
Bitcoin's tight range is the key. A break above 81,823 would likely pull more money into altcoins; a drop under 80,397 would cool the small-cap rally fast. After a day like this, the big gainers often give back part of the move, so watch whether Initia and MyShell hold their gains during the Asian session.

💡 Bottom line: rotation, not a new trend. Take profits into strength and keep stops tight on small caps.

👉 Tap $SHELL
to open the live chart. NFA

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Bitcoin breakout or breakdown first on Oct 29? 👇
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