Crypto Price Today: Bitcoin Holds Near $113,000, Ethereum Trades Above $4,000 as Market Consolidates

Crypto Price Today: Bitcoin Hovers at $113,000, Ethereum Around $4,000 as Global Market Cap Stands at $3.8 Trillion
Crypto Price Today: Bitcoin Holds Near $113,000, Ethereum Trades Above $4,000 as Market Consolidates
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On October 29, 2025, the global cryptocurrency market cap stood at $3.80 trillion, reflecting a 1.23% decline over the past 24 hours. After a rally, traders are showing caution amid mixed macroeconomic data and mild profit booking. Despite short-term consolidation, overall sentiment remains constructive, supported by institutional inflows and stable on-chain activity.

Bitcoin (BTC): Holding Around $113,000

Bitcoin is trading at $112,835, down 1.01% in the last 24 hours. Immediate resistance is near $115,000, and a decisive breakout above this level could propel BTC toward $118,000-$120,000. On the downside, support is placed around $112,000, followed by $110,000.

On-chain data shows steady inflows into spot Bitcoin ETFs and continued accumulation by long-term holders. Meanwhile, traders remain cautious as the US dollar strengthens and Treasury yields edge higher. 

Analysts believe Bitcoin may consolidate in the short term before attempting a breakout.

Ethereum (ETH): Consolidating Near $4,000

Ethereum is trading at $4,016, down 2.04% in the past 24 hours. ETH has been consolidating near the $4,000-$4,200 range after a strong rally. Immediate resistance lies near $4,300, while support is seen around $3,850.

Network fundamentals remain robust, driven by rising Layer-2 adoption, staking growth, and expanding DeFi participation. 

Analysts highlight that Ethereum’s recent network efficiency upgrades and cross-chain compatibility improvements continue to enhance its long-term appeal despite near-term volatility.

Altcoins:

Binance Coin (BNB)

BNB is trading at $1,110, down 2.84% in the last 24 hours. Resistance stands near $1,150, while support is around $1,060.

The token has witnessed mild profit-taking after recent gains but continues to benefit from steady network growth and expanding DeFi participation on the BNB Chain. Analysts note that sustained ecosystem development and rising on-chain activity could support a rebound in the sessions ahead.

Avalanche (AVAX)

AVAX is trading at $19.50, down 4.49% in the last 24 hours. Resistance stands near $21, while support is around $18.

Avalanche continues to attract developer attention through its expanding ecosystem in tokenized assets, gaming, and real-world asset (RWA) applications, supporting its long-term growth outlook.

Polygon (MATIC)

MATIC is trading at $0.1943, down 3.44% in the last 24 hours. Resistance is seen near $0.2100, while support sits around $0.1850.

The decline reflects mild market-wide consolidation, though Polygon remains a key player in the Layer-2 ecosystem. Ongoing developments in rollup technology, enterprise integrations, and network scalability continue to reinforce its long-term growth potential despite short-term volatility.

Chainlink (LINK)

LINK is trading at $17.82, down 2.25% in the last 24 hours. Resistance is near $19, while support is around $17.

Chainlink continues to strengthen its position as a leading oracle provider. Its expanding integrations across cross-chain DeFi platforms and partnerships for real-world data connectivity maintain strong long-term fundamentals and investor confidence.

Memecoins: Pepe and Bonk Weaken Slightly

Pepe (PEPE)

PEPE is trading at $0.000006950, down 2.87% in the last 24 hours. Resistance lies near $0.000007300, while support is around $0.000006600.

The memecoin has seen mild profit booking following its recent upswing, but community engagement and trading volumes remain strong. Analysts note that sustained on-chain activity and social media momentum could help PEPE maintain its relevance despite short-term volatility.

Bonk (BONK)

BONK is trading at $0.00001426, down 3.66% in the last 24 hours. Resistance stands near $0.00001520, while support is around $0.00001350.

BONK remains one of the most actively traded Solana-based memecoins. Expanding liquidity within the Solana ecosystem and rising community participation continue to underpin Bonk’s long-term trading appeal.

Market Outlook: Sideways Momentum with Bullish Undertone

The 1.23% decline in total crypto market capitalization signals a slight pullback. While Bitcoin and Ethereum remain range-bound, strong altcoin development activity and steady ETF inflows are lending support to the broader market.

Memecoins remain volatile, but sentiment remains measured. Analysts expect near-term consolidation with a bullish tilt as traders await macroeconomic cues, especially from central bank guidance and ETF flow data, before the next major directional move.

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