Price Analysis

Crypto Price Today: Bitcoin Holds $121,000, Ethereum Slips Below $4,400, Altcoins Show Mixed Signals

Crypto Price Today: Bitcoin at $121,191, Ethereum at $4,340 as Global Market Cap Falls to $4.13 Trillion

Bhavesh Maurya

As of October 10, 2025, the global cryptocurrency market capitalization stands at $4.13 trillion, marking a 1.05% decline over the past 24 hours. Bitcoin and Ethereum are seeing retracement after early-week strength, while leading altcoins display mixed performance amid ongoing market rotation and profit-booking.

Bitcoin (BTC): Trading Near $121,000

Bitcoin is currently trading at $121,191, down 0.61% in the last 24 hours. The price has fluctuated between $119,900 and $123,600, signaling a continued consolidation phase just above key support levels.

Resistance remains near $123,500, and a breakout above this range could open a path toward $126,000-$127,000. On the downside, support sits near $120,000.

Despite the modest pullback, Bitcoin’s network activity, ETF inflows, and long-term holder accumulation continue to reflect institutional confidence and healthy on-chain fundamentals.

Ethereum (ETH): Testing $4,380 Amid Pullback

Ethereum is trading at $4,340, down 2.36% in the past 24 hours. The price has ranged between $4,280 and $4,458, reflecting mild selling pressure after the rally.

A decisive close above $4,480 could drive ETH toward $4,700-$4,800, while a break below $4,300 might test deeper support near $4,200.

Ethereum’s underlying strength remains supported by consistent Layer-2 activity, growing staking participation, and continued traction in DeFi and NFT sectors, even as short-term volatility persists.

Altcoins:

Binance Coin (BNB)

BNB is trading at $1,264, down 0.89% in the last 24 hours. The token has moved between $1,260 and $1,295, maintaining its uptrend despite market-wide softness. Immediate resistance is near $1,300, while support sits around $1,250.

BNB’s continued growth in on-chain activity and rising demand for Binance Smart Chain dApps highlight its strong ecosystem position heading into Q4 2025.

Hyperliquid (HYPE)

HYPE is currently trading at $43.57, down 4.27% in the past 24 hours. The price has fluctuated between $42.80 and $45.60, indicating short-term consolidation after recent gains. Resistance is now seen near $45.80, while support lies around $42.50.

As a decentralized perpetual exchange token, Hyperliquid remains a key player among DeFi traders, offering low-latency execution and deep liquidity despite current market volatility.

XRP (Ripple’s digital currency)

XRP is trading at $2.81, down 0.87% over the last 24 hours. Immediate resistance is around $3, while support remains firm near $2.75.

XRP continues to benefit from expanding cross-border payment corridors and institutional remittance partnerships, reinforcing its core use case despite short-term volatility.

Chainlink (LINK)

LINK is trading at $22.35, down 0.01% in the past 24 hours. The token has ranged between $21.70 and $22.70, showing steady accumulation near multi-week highs. Resistance lies around $23, while support is near $21.50.

Chainlink’s growing presence in cross-chain data feeds and Real World Asset (RWA) tokenization continues to position it as a vital part of the DeFi infrastructure landscape.

Memecoins:

Pepe (PEPE)

PEPE is currently trading at $0.000009282, down 1.18% in the last 24 hours. The price has moved between $0.00000910 and $0.00000955, indicating mild profit booking after recent upward momentum. Resistance is now seen near $0.00000960, while support lies around $0.00000900.

Despite the short-term dip, PEPE continues to rank among the most actively traded memecoins, supported by strong community engagement and sustained liquidity across major exchanges.

Shiba Inu (SHIB)

SHIB is currently trading at $0.00001204, down 1.19% in the past 24 hours, indicating mild consolidation after recent volatility. Immediate resistance is seen near $0.00001240, while support lies around $0.00001180.

Despite the short-term decline, SHIB continues to demonstrate long-term potential, with ongoing developments in the Shibarium Layer-2 network and active community participation supporting its ecosystem growth.

Market Outlook: Mild Pullback, Rotational Strength Persists

The slight drop in total market capitalization indicates consolidation rather than broad weakness. Bitcoin’s stability above $121,000 and Ethereum’s defense of the $4,300 zone remain crucial for short-term market direction.

Altcoins show rotational strength.. Meanwhile, memecoins continue to attract retail flows amid speculative interest.

Final Thoughts

The crypto market remains in a consolidation phase, but underlying fundamentals continue to strengthen. Institutional adoption, DeFi growth, and cross-chain innovation keep the outlook constructive for Q4 2025.

Investors are encouraged to remain patient, focus on fundamentally strong assets, and track macroeconomic indicators such as US inflation trends and Federal Reserve policy, which could influence market sentiment through mid-October.