Current Cryptocurrency News as of October 24, 2025: Bitcoin Holds Key Level at $110k, Ethereum Volatility Following ETF Launch, Altcoins on the Rise, Top 10 Popular Cryptocurrencies
As of the morning of October 24, 2025, the cryptocurrency market is demonstrating relative stability following a turbulent growth period over the past few months. Bitcoin's price, which peaked at around $125,000 in August, is currently hovering around $110,000, maintaining the overall market capitalization of the crypto market at approximately $4 trillion. Following Bitcoin, large altcoins, led by Ethereum, are showing notable volatility; despite recent corrections, many digital assets in the top 10 continue to experience growth compared to the beginning of the year. Investors, including institutional players, are maintaining an active interest in cryptocurrencies against a backdrop of moderately positive sentiment, a favorable macroeconomic environment, and gradual improvements in industry regulation.
Bitcoin Holds Key Level
In mid-August, Bitcoin (BTC) reached a new all-time high, with its price soaring to around $125,000 (the previous record of about $123,000 was set a month earlier). Following a brief spike above $125,000, a moderate correction ensued, and Bitcoin is now trading around $110,000. Nonetheless, the current price of BTC is significantly higher than the levels at the start of the year and is approximately in line with last week’s value. The market capitalization of BTC now exceeds $2.3 trillion, accounting for about 57% of the total cryptocurrency market capitalization.
Experts note that the continued high valuation of Bitcoin is supported by a combination of macroeconomic and regulatory factors. In the U.S., a more cryptocurrency-friendly policy is emerging: the Trump administration initiated the creation of a strategic reserve of bitcoins in the spring and allowed 401(k) pension plans to invest a portion of their funds in digital assets. Furthermore, U.S. lawmakers are advancing the first comprehensive legislation regulating cryptocurrencies, which will provide even greater clarity for the market in the future. These steps have strengthened investor confidence in BTC as a safe asset. An additional market boost comes from demand from large public companies — for example, MicroStrategy, led by Michael Saylor, continues to increase its BTC reserves, acting as an indicator of institutional interest. Simultaneously, other regions are creating favorable conditions: in the European Union, the MiCA regulatory framework is coming into effect, establishing unified rules for the crypto industry and facilitating the inflow of institutional capital.
Ethereum Volatile Post-ETF
Ethereum (ETH) also showed significant growth earlier; however, the dynamics of its price have been accompanied by increased volatility. At its peak, Ethereum's price climbed to around $4,900, coming close to its historical high ($4,890, set in November 2021). In recent weeks, ETH traded within a range of about $4,000, experiencing alternating surges and corrections; the current price is approximately $3,900. Ethereum remains the second-largest cryptocurrency by market capitalization, valued at about $500 billion.
Institutional interest in Ethereum remains strong. In the U.S., the first spot ETFs on Ethereum emerged in 2024, and this autumn, regulators approved new investment products based on Ethereum (including a fund linked to ETH staking). These moves have significantly expanded access for major players to Ethereum and enhanced its attractiveness as an asset. Consequently, the influx of capital into Ether continues: in recent weeks, the total inflow into Ether-ETFs has amounted to several billion dollars, notably surpassing similar figures for Bitcoin funds. The strong institutional interest reflects their confidence in the long-term prospects of the smart contract platform, especially following the successful launch of ETFs on Ethereum.
Altcoins on the Rise
The broad market of altcoins supports the overall upward trend. Prices for most of the largest cryptocurrencies outside of Bitcoin have increased by 5-10% in recent weeks. The total market capitalization of altcoins (excluding BTC) exceeds $1.7 trillion, reflecting the inflow of new funds into the sector. Bitcoin's dominance in the market has slightly decreased as investors actively diversify their holdings in favor of alternative digital assets.
Several altcoins are approaching their own record levels. For example, the XRP token from Ripple is holding near multi-year highs after significant growth this year. Investors have reacted positively to the resolution of a longstanding legal dispute in the U.S. regarding XRP's legal status, bringing this altcoin back into the top three by market capitalization. Additionally, Ripple's plans to enter the banking market (including an application for a banking license) enhance optimism regarding the long-term demand for XRP. Solana (SOL) is also noteworthy: its price reached a peak at the beginning of October — the highest since 2022 — fueled by expectations of the ETF launch on SOL and the growth of the ecosystem of projects based on this high-performance blockchain platform.
Ripple Seeks Banking License
The XRP cryptocurrency has once again taken center stage due to the actions of Ripple. Recently, Ripple submitted an application for a banking license, which is currently under review by regulators. If approved, the company will become one of the first in the industry to gain full banking status, potentially opening new opportunities for integrating digital assets into the traditional financial system. The market reacted sharply to this news: in the last 24 hours, XRP increased by more than 10%, rising to approximately $3 — the highest level since early 2018. Many analysts believe that Ripple's entry into the banking market will enhance trust in its technology and expand the use of the XRP token in global payments.
Institutional Participation Grows
One of the key trends in the cryptocurrency market remains the strengthening institutional engagement. The launch of the first spot ETFs on Bitcoin and Ethereum in the U.S. has significantly simplified access for large players to digital assets. Even after the recent correction, capital inflows into crypto funds remain active. Cumulatively, investments in Ethereum-ETFs over the past months have amounted to billions of dollars, while Bitcoin funds have attracted hundreds of millions, indicating sustained interest in cryptocurrencies from asset managers, hedge funds, and even pension programs. Traditional financial institutions continue to view cryptocurrencies as a promising asset class and are gradually increasing their share in investment portfolios.
Additionally, regulators are reviewing new applications for the launch of exchange-traded funds for other cryptocurrencies. In October, decisions from the U.S. SEC are expected on several instruments, including the transformation of Grayscale's XRP trust into an ETF and a spot ETF on Solana — underscoring the expansion of institutional products in the market. Concurrently, in Europe, the supply of crypto instruments is growing: for example, on October 24, trading of another exchange-traded product (ETP) on Bitcoin from iShares will begin on the London Stock Exchange, highlighting high global demand for cryptocurrency investments.
Market Sentiment and Volatility
The rapid price movements of recent months have been accompanied by increased short-term volatility. The "Fear and Greed" index for cryptocurrencies is currently around 55 points, indicating a state of moderate greed — noticeably lower than the extreme values observed at the peak of the summer rally. This suggests that after a period of euphoria, investor sentiment has cooled somewhat, and market participants have become more cautious. Historically, such high readings of the greed index have preceded corrections — which has been confirmed in the current cycle. Experts warn that euphoria may give way to profit-taking: it is essential to maintain caution and risk limits while trading. The recent correction indeed saw a wave of forced liquidations on exchanges. During the last pullback, the total volume of liquidations over a single day exceeded $500 million — a significant portion of which was from "longs" (margin bets on price increases). This episode underscored the risks for players using excessive leverage.
Forecasts and Expectations
Despite the recent correction, many analysts remain bullish and anticipate a resurgence in market growth. Major financial organizations maintain high price targets: for instance, Standard Chartered Bank still expects Bitcoin to reach $200,000 and Ethereum $7,500 by the end of 2025. If these expectations materialize, both Bitcoin and Ethereum have the potential for significant growth from current levels. A number of experts believe that the cryptocurrency market is entering the "second phase" of a bullish cycle: after reaching new peaks and undergoing a mid-cycle correction, a consolidation phase is likely, but in the medium term, the trend remains upward, provided the economic environment is favorable. Notably, some market participants had predicted the current price levels in advance — for example, a year ago, Pantera Capital projected around $120,000 for BTC by August 2025, and this forecast largely came true. Overall, as long as institutional interest remains and the macro situation stays stable, most specialists expect further growth in cryptocurrency market capitalization by the end of 2025 and into 2026.
Top 10 Most Popular Cryptocurrencies
- Bitcoin (BTC) — the first and largest cryptocurrency. BTC is trading at around $110,000 after a correction from its recent record high; its market capitalization exceeds $2.3 trillion (≈57% of the total market).
- Ethereum (ETH) — the leading altcoin and smart contract platform. The price of ETH is approximately $3,900, below historical peaks; its market capitalization is around $500 billion (≈13% of the market).
- Tether (USDT) — the largest stablecoin pegged to the U.S. dollar at a 1:1 ratio. USDT is widely used for trading and payments, with a market capitalization of about $160 billion; the coin maintains a stable price of $1.00.
- Ripple (XRP) — the token of the Ripple payment network for cross-border transactions. XRP is trading at around $2.8, with a market capitalization of approximately $170 billion. Investors view the legal clarity regarding XRP's status in the U.S. positively, along with Ripple's efforts to obtain a banking license, which supports the token's position in the top three.
- Binance Coin (BNB) — the coin of the largest cryptocurrency exchange Binance and the native token of the BNB Chain. The price of BNB is above $700 (market capitalization of about $100 billion). Despite regulatory pressure on Binance, the token remains in the top five due to its wide range of applications on the exchange and in DeFi.
- Solana (SOL) — a high-performance blockchain platform for decentralized applications. SOL is trading at around $200 per coin (market capitalization of approximately $100 billion), having recovered to levels seen in 2022. Interest in Solana is fueled by expectations for the launch of an ETF and the growth of the ecosystem of projects based on it.
- USD Coin (USDC) — the second largest stablecoin, backed by dollar reserves (Circle company). The price of USDC is maintained at $1.00, with a market capitalization of around $64 billion. USDC is widely used by institutional investors and DeFi protocols due to the transparency of its reserves.
- Cardano (ADA) — a blockchain platform with an emphasis on a scientific approach to development. ADA is priced at approximately $1.10 (market capitalization of ~$35 billion) after a recent price surge. Cardano attracts attention due to plans to launch its own ETF and an active community that believes in the project's long-term growth.
- TRON (TRX) — a platform for smart contracts and multimedia dApps, popular in Asia. TRX is trading at around $0.32; its market value is approximately $29 billion. TRON maintains its presence in the top 10 partly due to its use in stablecoin issuance (a significant share of USDT circulates on the Tron blockchain).
- Dogecoin (DOGE) — the most famous meme cryptocurrency, originally created as a joke. DOGE hovers around $0.18 (capitalization around $27 billion), supported by community loyalty and periodic celebrity attention. Despite high volatility, Dogecoin remains among the top cryptocurrencies, demonstrating remarkable resilience to investor interest.
Cryptocurrency Market as of the Morning of October 24, 2025
Key cryptocurrency prices:
- Bitcoin (BTC): $110,200
- Ethereum (ETH): $3,910
- XRP (XRP): $3.05
- BNB (BNB): $730
- Solana (SOL): $192
- Tether (USDT): 80.50 ₽
Market Indicators:
- Total cryptocurrency market capitalization: $3.85 trillion
- Bitcoin's share: 56.3%
- Fear and Greed Index: 55 (moderate greed)
Leaders in Daily Change:
- Top Gainer: Chainlink (LINK) — +4.5%
- Top Loser: Sui (SUI) — -7%
Analysis: Bitcoin and Ethereum exhibit relative stability near current levels, while the "Greed Index" is lower than in previous months, reflecting a partial cooling of market sentiment. The rise of LINK indicates localized investor interest, whereas the drop of SUI may be related to profit-taking or a lack of positive news surrounding the project.
