As of October 21, 2025, the global cryptocurrency market capitalization stands at $3.64 trillion, reflecting a 2.83% decline over the past 24 hours. The broader sentiment has turned bearish as Bitcoin struggles to hold above $110,000 and Ethereum is trading below $4,000 mark, signaling selling pressure and profit-booking across.
Bitcoin is currently trading near $107,770, down 2.40% in the last 24 hours. Immediate resistance is placed near $109,000, and a sustained breakout above this level could pave the way toward $112,000-$115,500. On the downside, support is seen around $106,000.
Despite short-term consolidation, on-chain data suggests that long-term holders and institutional wallets continue to accumulate BTC, while ETF inflows remain steady, maintaining Bitcoin’s long-term bullish structure.
Ethereum is trading at $3,851, down 4.96% in the past 24 hours. The price has been oscillating between $3,800 and $4,120, reflecting ongoing consolidation amid mild buying interest.
A decisive close above $4,100 could lift ETH toward $4,400-$4,500, while a dip below $3,800 may trigger a retest of $3,700.
Ethereum’s fundamentals remain strong, driven by Layer-2 adoption, staking growth, and active DeFi participation, which continue to provide long-term support despite short-term indecision.
ADA is trading at $0.6402, down 3.54% in the last 24 hours. The token faces resistance near $0.68, while support is seen around $0.60.
Although upcoming network upgrades and rising developer activity continue to underpin long-term optimism, the prevailing risk-off sentiment in the broader market has capped ADA’s short-term upside momentum.
LINK is trading at $17.79, up 0.13% in the last 24 hours. The token faces resistance near $18.50, while support is seen around $17.
Chainlink continues to play a pivotal role in powering oracle infrastructure across DeFi and real-world asset (RWA) ecosystems, and its steady performance reflects resilient investor confidence despite broader market volatility.
XRP is trading around $2.43, down 0.40% in the past 24 hours. Resistance stands near $2.50, while support lies around $2.25.
Despite the mild decline, XRP continues to benefit from growing institutional use in global settlements and cross-border payments, with recent partnerships in Asia and the Middle East bolstering its long-term potential.
AVAX is trading around $19.64, down 6.57% over the past 24 hours. Resistance is placed near $21.50, while support sits around $18.
The Avalanche ecosystem continues to expand through subnet integrations and institutional partnerships, but short-term pressure persists in line with the broader correction.
SHIB is trading at $0.000009913, down 2.85% in the last 24 hours. The token faces resistance near $0.0000104, while support is seen around $0.0000095.
Despite the mild decline, community engagement remains strong, and SHIB continues to rank among the most active memecoins by trading volume. However, sentiment across the broader memecoin segment has softened as traders shift focus toward more established cryptocurrencies amid ongoing market consolidation.
PEPE is trading at $0.000006855, down 4.81% in the last 24 hours. The token faces resistance near $0.0000072, while support is seen around $0.0000065.
Despite the current pullback, PEPE continues to attract strong speculative interest, maintaining its position among the most actively traded memecoins in 2025. While short-term volatility persists, the token’s robust community engagement and consistent liquidity keep it firmly on traders’ watchlists.
The 2.83% decline in overall market capitalization indicates that the cryptocurrency market is undergoing a short-term correction following last week’s rally.
Altcoins continue to show mixed to negative performance, with profit-booking and reduced risk appetite dominating sentiment amid concerns over liquidity tightening and macroeconomic uncertainty.
However, analysts note that long-term fundamentals remain intact, supported by ongoing DeFi innovation, institutional engagement, and the growth of cross-chain ecosystems.