[LIVE] Crypto News Today: Latest Updates for Oct. 22, 2025 – Crypto Market Erases Gains After Rebound as US-China Trade Tensions Escalate; Bitcoin Drops to $108K

The crypto market slipped sharply on Tuesday amid renewed U.S.–China commerce tensions as Trump threatened upcoming assembly with the Chinese President Xi Jinping “might not occur”, erasing positive factors from the current rebound. The Layer-2 sector led losses with a 5.15% decline, as Starknet (STRK) fell 7.01% and Mantle (MNT) dropped 9.22%. The second largest crypto by market cap Ethereum (ETH) slid 1.99% under $3,900, whereas Bitcoin (BTC) fell 1.35% to round $108,000. Most sectors, together with Layer-1, PayFi, Meme, DeFi, and CeFi, have been down over 1.5%, reflecting weakening market sentiment.

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