The crypto market is still in a downtrend, everyone should refrain from buying and investing in any tokens for a few days. Updates will be provided later.
$BTC has officially filled its CME gap between 111,000 and 113,000 dollars earlier this week. After a few days of sideways movement, the market confirmed the gap closure and is now showing signs of slowing momentum.
BTC Traders note that this zone was a strong technical target, and with it now filled, the market could see a short-term pullback unless new buying pressure steps in.
However, long-term investors still see this phase as a healthy correction after strong rallies earlier in the month. The next key resistance is near 115,000, while support remains around 109,000.
Usually October gives $BTC a strong push, often called โUptober.โ But this year the trend flipped. Bitcoin is trading around 110,000 dollars, down from early October highs near 125,000.
Experts say weak global liquidity and low institutional inflow are slowing the market$BTC . Unlike past Octobers that ended with strong gains, 2025 looks flat and uncertain.
Still, some traders believe if Bitcoin can hold above 108,000, it may bounce back in November. For now, October ends with caution instead of celebration.
Market Overview The global crypto market cap stands around 3.76 trillion dollars, up slightly by about 0.15 percent in the last 24 hours. Overall, price movement remains calm as traders wait for new momentum.
Bitcoin and Major Coins Bitcoin (BTC) is trading near 112,700 dollars, showing a small daily gain of around one percent. Ethereum (ETH) is close to 4,000 dollars with a gain of about 1.4 percent. Binance Coin (BNB) is around 1,130 dollars, slightly higher than yesterday. XRP has shown one of the stronger moves today, climbing about 4.5 percent to trade near 2.65 dollars. Most other major altcoins are slightly positive but still within their weekly trading range.
Market Sentiment The overall sentiment remains neutral. Traders are cautious after recent price swings, and many expect a breakout only if Bitcoin pushes clearly above 113,000 dollars. Large holders, often called whales, continue to accumulate BTC, which could support prices in the coming weeks.
Whatโs Driving the Market The market is reacting mainly to global financial signals such as inflation updates and interest rate comments from major economies. No major regulatory shocks or exchange issues have appeared this week, which is helping stability. Some positive news around institutional activity and licensing in Europe is adding mild confidence.
What to Watch - Bitcoin support is near 110,000 dollars and resistance around 113,500. - Ethereumโs next key level is near 4,100 dollars. - Altcoins may show stronger recovery only if Bitcoin breaks out. - Upcoming US and EU inflation data could shift market direction quickly.
Bottom Line The crypto market is stable but still waiting for a big move. Short-term traders should watch key levels closely, while long-term investors can take advantage of this quiet phase to plan entries carefully.
Big news shaking the crypto world today. Former U.S. President Donald Trump has officially pardoned Changpeng Zhao (CZ), the founder of Binance, who had earlier been convicted in the U.S. over compliance and money-laundering control failures.
What this means: CZ is now legally cleared of all charges and is free to return to global crypto operations. Market analysts say this could help Binance rebuild its U.S. presence and attract large-scale investors again.
Trumpโs angle: Trumpโs camp is calling this a move to support innovation and end what they call the previous โwar on crypto.โ However, critics argue the pardon may raise questions about possible political or business ties between Trumpโs team and Binance leadership.
Market reaction: Crypto traders reacted quickly after the news broke, with mild optimism across major coins. Bitcoin and Binance Coin (BNB) both saw a short-term bounce in volume and sentiment, though prices remain within recent ranges.
Why it matters: โข Binance could regain credibility and expand back into the U.S. market. โข Trumpโs decision signals a friendlier tone toward the crypto industry. โข Regulators and lawmakers may now debate how political power influences crypto enforcement.
Bottom line: CZ is back, Binance gets a reset, and U.S. crypto policy might be entering a new phase. Traders should stay alert for more regulatory signals in the coming weeks.
Crypto Market Update - 24 Oct 2025 Market snapshot The market feels mixed today. Major coins are holding near support but upside momentum is mu ted and traders are waiting for clearer cues. Bitcoin & key points Bitcoin is trading around US$109,000 and remains in a consolidatng range after testing lower supports earlier this week. If support holds, a push toward US$115,000-116,000 is possible, but a breakdown below current support would bring fresh selling pressure. Ethereum is hovering near US$3,800 and following BTC moves; altcoins are lagging and showing higher volatility. Platform news A major Indian exchange relaunched with a 0% trading fee campaign to win back users. Some European fintech firms got new crypto licences, which should help wider adoption over time. What this means for traders โข The market is in a wait-and-see phase rather than a strong breakout. Watch for a clear break above resistance or a decisive drop below support. โข Short-term traders should look for volume confirmation before taking big positions. โข Long-term investors can use this pause to review positions and consider gradual accumulation if fundamentals still look solid. Watchlist โข BTC: key ranges to watch are about US$104,000 to US$116,000 (breakout or breakdown will set direction). โข ETH: monitor correlation with BTC and on-chain flows. โข Macro events: upcoming inflation and rate updates can shift sentiment fast. Bottom line Market is stable but cautious. Keep stops tight, manage risk, and wait for a clear signal before committing large size. #crypto #MarketUpdate