As of October 23, 2025, the global cryptocurrency market capitalization stands at $3.66 trillion, marking a modest 0.29% decline over the past 24 hours. The overall sentiment remains cautious as traders digest mixed macroeconomic signals and prepare for potential weekend volatility, while major cryptocurrencies like Bitcoin and Ethereum continue to consolidate within narrow ranges.
Bitcoin is currently trading at $108,820, up 0.31% in the last 24 hours. Immediate resistance lies near $110,000, with a potential breakout paving the way toward $112,000-$113,000.
On the downside, support is seen around $105,500, and a break below this level could trigger a pullback toward $103,000.
Despite short-term fluctuations, on-chain data indicates consistent inflows into Bitcoin ETFs and steady accumulation among long-term holders.
Analysts note that miner reserves remain stable, suggesting no significant selling pressure, a sign that Bitcoin’s medium-term outlook remains constructive.
Ethereum is trading at $3,842, down 0.78% over the past 24 hours. ETH continues to move within a tight range between $3,830 and $4,100, signaling ongoing accumulation at lower levels.
A breakout above $4,150 could drive momentum toward $4,400-$4,600, while a dip below $3,800 may expose $3,650-$3,700 as near-term support.
Market analysts highlight increased activity on Ethereum Layer-2 networks and strong staking participation, which continue to reinforce its long-term fundamentals despite mild short-term selling pressure.
AVAX is trading at $19.21, down 1.91% in the last 24 hours. Resistance is placed near $20.00, while support sits around $18.50.
The Avalanche ecosystem continues to expand through subnet integrations, DeFi partnerships, and institutional collaborations, though overall price action reflects broader market caution that is currently limiting near-term upside momentum.
LINK is trading at $17.35, down 2.29% in the past 24 hours. Resistance lies near $18.20, with support around $16.80.
Despite the short-term pullback, Chainlink’s expanding oracle network and growing adoption of its Cross-Chain Interoperability Protocol (CCIP) continue to attract developer and institutional interest, reinforcing its position as one of the leading infrastructure projects in the DeFi ecosystem.
XRP is trading at $2.39, down 1.50% over the past 24 hours. Resistance is observed near $2.50, with support around $2.25.
Despite the short-term decline, XRP continues to strengthen its position in global cross-border payment systems, with expanding adoption across Asia, the Middle East, and Europe.
Ripple’s growing network of institutional partnerships and regulatory progress continues to support XRP’s long-term utility and market presence.
HYPE is trading at $37.35, up 7.61% in the last 24 hours. Resistance is placed near $38.50, while support lies around $35.50.
The Hyperliquid decentralized exchange token continues to gain significant traction amid surging derivatives trading volumes and expanded cross-chain liquidity integrations.
Its strong price momentum reflects growing investor confidence in Hyperliquid’s role as an emerging leader in the DeFi derivatives and perpetual trading ecosystem.
PEPE is trading at $0.000006775, down 2.43% in the past 24 hours. Resistance is near $0.00000710, while support is around $0.00000650.
Despite the pullback, Pepe continues to maintain strong trading volumes and active community engagement across major exchanges and social platforms. The memecoin’s resilience highlights ongoing investor interest, even as broader market sentiment remains cautious.
FLOKI is trading at $0.00007227, down 1.82% over the last 24 hours. Resistance is seen around $0.00007500, while support rests near $0.00007000.
The token has experienced mild selling pressure amid broader market consolidation, but Floki continues to benefit from ongoing ecosystem development, community-driven marketing initiatives, and staking incentives, which help sustain investor interest despite the short-term decline.
The 0.29% decline in total crypto market capitalization underscores the ongoing range-bound sentiment among traders. While Bitcoin and Ethereum remain resilient near key support levels, altcoins and memecoins are showing mixed performance as market participants await fresh catalysts.
Analysts expect continued sideways movement in the short term, with potential for renewed volatility as upcoming macroeconomic data releases shape investor expectations.
Rising institutional participation, expanding DeFi ecosystems, and sustained Layer-2 adoption continue to provide a robust foundation for long-term crypto market growth.