On October 24, 2025, the cryptocurrency market exhibits resilience amid lingering geopolitical headwinds, with a modest rebound signaling potential stabilization after mid-month volatility. Total market capitalization climbed 2.71% to $3.69 trillion, buoyed by broad-based gains in majors, though trading volume dipped 21.49% to $160.67 billion—highlighting cautious liquidity flows dominated by stablecoins (99.63% of volume). Bitcoin dominance eased to 59.32%, allowing altcoins to participate more actively.
Key Price Movements
Bitcoin (BTC): +2.56% to $109,601.81, recovering from sub-$105,000 lows earlier in the week amid ETF outflows of $326.52 million on Monday.
Ethereum (ETH): +2.55% to $3,828.99, mirroring BTC's uptick despite $428.52 million in spot ETF outflows, with options traders hedging year-end downside risks around $2,600.
BNB: +5.89% to $1,116.65, leading majors on exchange ecosystem strength.
Solana (SOL): +6.46% to $189.30, topping gainers with DeFi and AI sector momentum (e.g., Ethena +11.9%, Bittensor +10.4%).
XRP: +2.06% to $2.38, steady amid regulatory optimism from recent Capitol Hill discussions on market structure bills.
Top gainers include SOL and BNB; broader altcoins like DOGE (+3.83%) and ADA (+4.08%) reflect selective risk appetite, while the sector shed $150 billion earlier this week on China-U.S. tariff escalations.
Influential News
Geopolitical tensions dominate: Renewed U.S.-China trade frictions—sparked by tariff hikes and Trump's envoy scrutiny—triggered the largest 24-hour liquidation in history ($19-20 billion on October 10-11), amplifying a 14% BTC plunge from $122,574 to $104,783. Senate Democrats pressed for divestment clarity on envoy Steve Witkoff's crypto stakes, underscoring policy risks. Positively, CME Group's new SOL/XRP options (launched October 13) saw 3.5 million contracts traded, signaling institutional hedging demand, while Cardano minted 24 billion $NIGHT tokens—a milestone for ecosystem growth. Upcoming U.S. CPI data (today) and Fed rate cut (late October) loom as catalysts, with neutral sentiment.