Price Analysis

Crypto Price Today: Bitcoin Above $120,000, Ethereum Approaches $4,500, Altcoins Gain Momentum

Crypto Market Hits $4.14 Trillion as Bitcoin Tops $120,000 and Ethereum Nears $4,500

Bhavesh Maurya

The overall market cap of cryptocurrencies as of October 3, 2025, is $4.14 trillion, reflecting a 1.64% increase compared to the day before. Bitcoin is edging closer to $120,000, Ethereum is consolidating near $4,500, and altcoins are showing signs of renewed strength while memecoins continue to attract speculative flows.

Bitcoin (BTC): Testing $120,000

Bitcoin is currently trading at $120,052, up 1.19% in the past 24 hours. The price has moved between $118,400 and $120,100, signaling continued demand near recent highs.

Key resistance is placed at $121,000, and a breakout above it could trigger a move toward $123,000. On the downside, strong support is seen near $118,400. Institutional flows into ETFs and rising market participation are keeping BTC’s momentum strong.

Ethereum (ETH): Building Toward $4,500

Ethereum is trading at $4,487, rising 2.55% in the last 24 hours. The price has hovered between $4,220 and $4,500.

If ETH manages a decisive close above $4,500, it could make a push toward $4,600. However, if $4,200 fails, ETH could revisit $4,050. Layer-2 growth and consistent staking demand are underpinning Ethereum’s higher range.

Altcoins:

Binance (BNB)

BNB is currently priced at $1,096, up 6.41% in the last 24 hours. Support lies at $1,070, while resistance is near $1,120.

A break above resistance could push BNB toward $1,150, while a rejection could send it back toward $1,040. Ongoing BNB Chain upgrades and rising adoption in DeFi and gaming continue to support investor interest.

Chainlink (LINK)

Chainlink trades at $22.62, down 0.62% in the last 24 hours. Support is at $20.80, while resistance is at $23.

If LINK breaks above resistance, it could climb toward $24. A failure to hold support may take it back toward $19.80. Chainlink’s expanding role in powering DeFi oracles remains its key driver.

Toncoin (TON)

Toncoin is priced at $2.80, gaining 0.04% in the past 24 hours. Support is around $2.70, while resistance is at $2.95.

If resistance breaks, TON could climb toward $3.20. On the downside, losing support might drag it back toward $2.50. Adoption within Telegram’s ecosystem continues to fuel TON’s demand.

Arbitrum (ARB)

Arbitrum is trading at $0.4475, up 1.00% in the last 24 hours. Support sits at $0.430, while resistance is at $0.465.

If ARB breaks resistance, it could climb toward $0.490. On the downside, failing support could send it back toward $0.410. Strong DeFi activity on Arbitrum continues to bolster sentiment.

Memecoins:

Shiba Inu (SHIB)

Shiba Inu is trading at $0.00001252, down 0.39% in the last 24 hours. Support lies at $0.00001200, while resistance is at $0.00001300.

A breakout above resistance could push SHIB toward $0.00001380, but failure to hold support may take it back to $0.00001150. Burn campaigns and community-driven hype continue to influence its price.

Bonk (BONK)

Bonk is priced at $0.00002037, down 1.95% in the past 24 hours. Support is near $0.00001950, while resistance stands at $0.00002150.

If BONK breaks above resistance, it could rally toward $0.00002300. On the flip side, rejection at resistance might pull it back toward $0.00001850. Solana’s memecoin popularity continues to help BONK sustain demand despite short-term volatility.

Market Outlook: Upside Momentum Strengthening

The 1.64% increase in total market cap suggests buyers are regaining control after recent consolidation. Bitcoin is testing the $120,000 barrier, Ethereum is consolidating near $4,500, and altcoins are showing healthy participation. Memecoins like Shiba Inu and Bonk remain volatile but continue to drive trading activity.

Final Thoughts

The cryptocurrency market is regaining bullish momentum, with Bitcoin and Ethereum holding key levels and altcoins adding strength. Memecoins remain speculative but popular among retail traders. The upcoming sessions will reveal whether BTC can clear $120,000 resistance, potentially setting the tone for October’s broader market direction.