{"content":"Bitcoin Back Above $111K — Fed Meeting Could Be the Catalyst Bitcoin is bullish on October 20 in an optimistic crypto market. Bitcoin rose ahead of a major US Fed payments innovation symposium on October 21. The gathering will include prominent crypto and conventional financial figures. The broader crypto market is up over 4% today, reflecting industry confidence. BTC Price Trend Bitcoin is trading over $111,000, up over 4% in 24 hours. The digital asset rose from $106,000 on October 19. After a turbulent week of crypto liquidations, industry FUD, and BTC ETF outflows, Bitcoin is finally displaying optimistic indications. Despite these variables, Bitcoin started this week on an upward track, boosting crypto market confidence and signaling Uptober will continue. Bitcoin's price fluctuations precede a major US event on October 21. Recent rumors suggest the US Federal Reserve will organize a payments innovation conference on October 21. Crypto industry leaders Chainlink, Paxos, Circle, Coinbase, Jito, and others will attend. The meeting was announced September 3. The conference will cover industry-relevant topics like: Integrating conventional banking with crypto Stablecoin business models and usage cases Tokenization Traditional financial giants BlackRock, Franklin Templeton, and others will attend. What It Means for Crypto The conference agenda for tomorrow shows confidence for the sector, stressing institutional crypto infrastructure onboarding. How the US Fed integrates Chainlink's oracle network and Circle's stablecoin infrastructure into its payments innovation plan is unknown. The fact that such prominent crypto and traditional finance figures will attend tomorrow's Fed meeting shows that the authority is open to innovation, indicating a new blended system where tokenized assets and traditional finance will interact under a more crypto-friendly and clearer regulation framework. #USBitcoinReservesSurge #StrategyBTCPurchase #MarketRebound #FedRateCutExpectations #BTC $BTC $ETH $BNB ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/20/d5d367139f444859bcb73de54e82bfad.png"],"tags":[],"tradingPairs":["BNB/USDT"],"quotearticleid":0}