Cryptocurrency Price Today (October 25): Bitcoin Remains Stable Within $67,000 Range For 3rd Consecutive Day, SAFE Becomes Top Gainer
Cryptocurrency price on October 25 quick take: The global market cap remained at $2.31 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to remain stable within the $67,000 range early Friday for the third consecutive day this week. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of gains and dips across the board as the overall Market Fear & Greed Index stood at 56 (Neutral) out of 100, as per CoinMarketCap data. The SAFE token became the biggest gainer with a 24-hour jump of nearly 35 percent. Popcat (SOL) became the top loser, with a 24-hour loss of nearly 9 percent.
The global crypto market cap stood at $2.32 trillion at the time of writing, registering a 24-hour dip of 0.12 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $67,627.30, registering a 24-hour jump of 0.44 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 58.06 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,494.57, marking a 24-hour dip of 2.33 percent at the time of writing. Ethereum price in India stood at Rs 2.30 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 0.10 percent, as per CoinMarketCap data, currently priced at $0.1396. Dogecoin price in India stood at Rs 12.45.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 1.77 percent. At the time of writing, it was trading at $71.34. LTC price in India stood at Rs 6,223.45.
Ripple (XRP) Price Today
XRP price stood at $0.5237, seeing a 24-hour loss of 1.30 percent. Ripple price in India stood at Rs 46.04.
Solana (SOL) Price Today
Solana price stood at $173.83, marking a 24-hour jump of 0.25 percent. SOL price in India stood at Rs 14,312.59.
Top Crypto Gainers Today (October 25)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Safe (SAFE)
Price: $1.65
24-hour gain: 34.37 percent
Raydium (RAY)
Price: $3.01
24-hour gain: 7.70 percent
cat in a dogs world (MEW)
Price: $0.01129
24-hour gain: 6.79 percent
Beam (BEAM)
Price: $0.01921
24-hour gain: 3.48 percent
Chainlink (LINK)
Price: $11.73
24-hour gain: 2.79 percent
Top Crypto Losers Today (October 25)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Popcat (SOL) (POPCAT)
Price: $1.49
24-hour loss: 8.84 percent
Aerodrome Finance (AERO)
Price: $1.09
24-hour loss: 8.06 percent
Mantra (OM)
Price: $1.29
24-hour loss: 7.98 percent
Mog Coin (MOG)
Price: $0.000001855
24-hour loss: 7.66 percent
Sei (SEI)
Price: $0.4014
24-hour loss: 7.42 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is on a recovery trend, now trading at $67,900 after peaking at nearly $68,700. The crypto community remains optimistic that BTC will hit the $70K mark in this rally, as current patterns mirror the ones seen during the 2021 surge. Notably, the number of Bitcoin whales has reached an all-time high, just like before the 2021 rally. This, coupled with increased new investor activity before the U.S. election, signals a potential breakout. BTC currently faces resistance at $68,800, with support moving up to $67,500.”
CoinSwitch Markets Desk noted, “Bitcoin roared back to the crucial trend line support around the 68k USD mark after dipping as low as 65.2k USD the day before. The upcoming weekly close of BTC on Sunday can prove to be a pivotal one as a closing above 68k USD could mean a clear breakout of the bull flag Bitcoin has been consolidating in for since March, 2024. With US ETFs recording a 2.1 billion dollars of inflows in the last 5 days, the highest ever so far, the total holding of all of the exchange traded funds could soon cross 1 million Bitcoins.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “The recent price swings for Bitcoin, which are indicative of the market volatility, include a seven-month consolidation and a minor decline from its weekend gain. Bitcoin is currently trading at about $67,935. Bitcoin has lost 56% of its year-to-date gains to 52% as investors' attention is diverted by wider market instability, particularly considering the approaching U.S. presidential elections. Historical trends would indicate that Bitcoin tends to enter a positive Q4 cycle and is likely to get into new all-time highs by December. Meanwhile, Ethereum has bearish sentiment, and the decline in the ETH/BTC ratio reveals a shift in investor interest. The direction of Bitcoin and the crypto market will be established in coming weeks as the market settles down. Although the market is highly volatile and investors should be cautious. Today on Friday, the total global market capitalization hit $2.32 trillion, marking a 0.35% increase over the last day.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin's price has fallen below critical support levels, trading around $66,540 amid increasing selling pressure. A break below the $67,000 pivot indicates heightened downside risks, with next support at $65,970. Investors are wary of regulatory developments and economic factors influencing the market. SEC Chair Gary Gensler marked Bitcoin's 16th anniversary, reaffirming the SEC’s commitment to stringent crypto regulations by 2025. Despite criticism, Gensler emphasized investor protection. Meanwhile, Tesla's recent transfer of 11,509 Bitcoins has calmed investor fears, as the company retains $780 million in Bitcoin across new wallets, according to Arkham Intelligence.”
Shivam Thakral, CEO of BuyUcoin, said, “In the last 24 hours, Bitcoin has shown resilience, rising by 0.68% to $67,689, despite a turbulent cryptocurrency market that saw $261 million in liquidations, marking the second-largest day of liquidations in October. This activity was largely driven by long positions on Bitcoin and Ethereum, indicating a volatile trading environment. Institutional interest is growing, as evidenced by significant inflows into Bitcoin ETFs, suggesting a bullish outlook. There is optimism in the crypto landscape echoed by the overall market sentiment, which remains cautiously positive despite recent fluctuations.”
Subscribe And Follow ABP Live On Telegram: t.me/officialabplive
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.