As of October 17, 2025, the global cryptocurrency market capitalization stands at $3.69 trillion, reflecting a 1.91% decline over the past 24 hours. The overall sentiment has turned bearish as Bitcoin dropped below the $109,000 mark and Ethereum struggled to stay above $3,900. Altcoins also faced broad declines as traders locked in profits amid rising volatility.
Bitcoin is currently trading around $108,800, down 2.04% in the last 24 hours. The price has ranged between $107,600 and $111,900, showing heightened intraday volatility and profit-booking after recent gains.
Immediate resistance is placed around $111,000, and a sustained breakout above this level could open the way toward $113,000-$115,000. On the downside, support is seen near $108,500, with stronger demand expected around $106,000.
Despite the decline, on-chain indicators show that long-term holders continue to accumulate. Institutional inflows into spot Bitcoin ETFs have slowed but remain positive, keeping Bitcoin’s long-term structure intact.
Ethereum is trading at $3,912, down 2.28% in the past 24 hours. The price has been oscillating between $3,835 and $4,076, reflecting modest selling pressure and uncertainty among traders.
A decisive close above $4,100 could push ETH toward $4,300-$4,400, while a dip below $3,850 might trigger a test of $3,700.
Ethereum continues to benefit from strong Layer-2 adoption, rising staking participation, and active DeFi development, maintaining a constructive long-term outlook despite short-term weakness.
SOL is trading at $187.19, down 2.95% in the last 24 hours. The token has faced resistance near $200, with support at around $175.
Despite the pullback, Solana remains one of the top Layer-1 performers this year, supported by growing DeFi activity and adoption within the NFT and gaming sectors.
AVAX is trading around $20.78, down 5.28% over the past 24 hours. Resistance lies near $22.00, while support sits around $19.50.
The Avalanche ecosystem continues to expand through subnets and institutional partnerships, though short-term sentiment remains weak amid the broader market correction.
DOT is trading at $3.03, down 3.16% in the last 24 hours. Resistance is seen near $3.20, while support lies around $2.90.
While Polkadot’s parachain development and interoperability solutions remain promising, current market conditions have continued to weigh on overall price momentum.
XRP is trading around $2.34, down 2.63% in the last 24 hours. Resistance is placed near $2.45, while support lies around $2.25.
Despite the short-term decline, XRP continues to benefit from institutional adoption in global payments and cross-border settlement solutions. Growing regulatory clarity and expanding financial partnerships continue to support a positive long-term outlook for the token.
WIF is trading at $0.5266, down 3.81% in the last 24 hours. Resistance is placed near $0.55, while support lies around $0.50.
Despite the short-term pullback, Dogwifhat (WIF) remains one of the top-performing memecoins of 2025, supported by strong community engagement, increasing exchange listings, and sustained interest
FLOKI is trading at $0.00006801, down 4.91% in the past 24 hours. Resistance stands near $0.000071, while support is around $0.000066.
The token continues to capitalize on its expanding DeFi, metaverse, and NFT ecosystem, maintaining long-term relevance despite short-term market volatility and broader risk-off sentiment.
The 1.91% decline in overall market capitalization signals a phase of consolidation across major cryptocurrencies. Bitcoin’s retreat below $109,000 and Ethereum’s struggle near $3,900 reflect waning short-term momentum.
Altcoins have mirrored the trend, with traders scaling back exposure to riskier assets amid macroeconomic uncertainty and global liquidity tightening.
The crypto market appears to be in a cooling phase following recent rallies. While near-term sentiment remains cautious, long-term fundamentals such as DeFi growth, cross-chain innovation, and institutional participation continue to support the sector’s broader outlook.
Investors are advised to focus on fundamentally strong projects, maintain strict risk management, and monitor macroeconomic factors such as inflation data, interest-rate expectations, and regulatory developments that could shape market direction in the coming weeks.