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Why Is Crypto Down Today? – October 29, 2025

The world cryptocurrency market is down at the moment, with whole market capitalization falling 1.6% to $3.89 trillion, in line with knowledge from CoinMarketCap. Meanwhile, 24-hour buying and selling quantity stands at $171 billion, exhibiting a modest uptick regardless of broad declines throughout main belongings.

Key Takeaways:

  • The world crypto market cap fell 1.6% to $3.89 trillion;
  • Bitcoin dropped 2% to $112,859, as Ethereum declined 3% to $3,991;
  • The Crypto Fear and Greed Index fell again to 39 (Fear);
  • Bitwise’s Solana ETF drew $69.5 million in debut inflows;
  • The Fed is anticipated to chop charges by 25 foundation factors at the moment;
  • US spot Bitcoin ETFs logged $202.48M inflows;
  • Ethereum ETFs noticed even stronger inflows at $246.02M;
  • Trump Media’s Truth Social partnered with Crypto.com to launch prediction markets;

Crypto Winners & Losers

At the time of writing, Bitcoin (BTC) is down 1.5% over the previous 24 hours, buying and selling at $112,859.

Ethereum (ETH) has slipped 3.0% to $3,991. BNB fell 2.1% to $1,111, and Dogecoin (DOGE) dropped 3.1% to $0.1939, marking one of many steepest losses among the many high 10.

XRP (XRP) was the one main asset within the inexperienced, rising 0.5% to $2.64.

Solana (SOL) edged down 1.9% to $196.34.

Among the highest 100 tokens, solely a handful are up. Diverge Loop (DIVER) leads at the moment’s gainers, hovering 88.5%, whereas Vutlsig (VUT) dropped 31.9%, making it one of many largest decliners available in the market.

Enso, Arcblock, and ChainOpera AI are essentially the most trending cash over the previous day, main conversations throughout the market.

Meanwhile, Bitwise Asset Management’s newly launched spot Solana ETF is seeing sturdy investor urge for food, recording $69.5 million in inflows on its first buying and selling day.

The determine is almost six instances the $12 million debut haul of its closest competitor, the Rex-Osprey Solana Staking ETF (SSK), in line with knowledge from Farside.

Fed Rate Cut Looms: Crypto on Edge as Markets Await Liquidity Signals

The Federal Reserve is broadly anticipated to announce a 25-basis-point fee minimize at the moment, reducing its benchmark vary to three.75%–4% as markets brace for alerts on future liquidity strikes.

Traders are additionally anticipating hints that the Fed may gradual or halt balance-sheet runoff, a shift that might inject liquidity into monetary markets. The greenback has softened amid rising expectations of a broader easing cycle.

Bitget CEO Gracy Chen said markets are “on a knife-edge between hope and hesitation,” noting {that a} dovish Fed may raise threat belongings like crypto, whereas a hawkish tone may set off a fast pullback.

The determination and press convention by Fed Chair Jerome Powell at 2 p.m. ET will probably be carefully parsed for clues on coverage route.

According to Bitget chief analyst Ryan Lee, a fee minimize may drive 5%–10% short-term rallies in Bitcoin and Ethereum as decrease borrowing prices enhance threat urge for food.

He added that capital may rotate into altcoins comparable to Solana (SOL) and XRP, additional enhancing crypto’s attraction as a progress and inflation hedge.

Beyond the Fed, this week’s macro backdrop consists of the Bank of Japan’s coverage assembly and earnings from huge tech giants, together with Microsoft, Apple, Alphabet, Amazon, and Meta.

Levels & Events to Watch Next

At the time of writing, Bitcoin is buying and selling at $112,760, exhibiting a gentle 0.15% decline over the previous 24 hours. BTC traded sideways by means of a lot of the session, reaching an intraday high close to $113,800 earlier than dipping to a low round $111,900.

A decisive breakout above $115,000 may pave the best way for a transfer towards $118,200 and $121,000, signaling renewed bullish momentum. However, failure to carry above $112,000 could open the door for a retest of the $110,500 assist zone, the place shopping for curiosity beforehand emerged.

Meanwhile, Ethereum is buying and selling at $3,986, up 0.16% prior to now 24 hours. ETH touched a session high of round $4,050 earlier than briefly pulling again to $3,920.

If ETH breaks above $4,100, it may problem the $4,250 and $4,400 resistance ranges. On the draw back, a drop under $3,900 may push the value towards $3,750, with additional weak point probably testing the $3,600 zone.

Meanwhile, the crypto market sentiment has slipped again into the concern zone, with the Crypto Fear and Greed Index standing at 39, down from 42 (impartial) yesterday.

Compared to final week’s studying of 29 (concern), sentiment has improved modestly however stays subdued. The index continues to point out hesitation, highlighting a market nonetheless recovering from current volatility and missing clear bullish momentum.

Spot Bitcoin exchange-traded funds (ETFs) noticed $202.48 million in web inflows on October 28, marking one other sturdy day for institutional demand. The cumulative whole web influx now stands at $62.34 billion, with a complete worth traded of $4.18 billion and $154.81 billion in whole web belongings, representing 6.88% of Bitcoin’s market cap, in line with knowledge from SoSoValue.

Out of the 12 ETFs, three recorded constructive inflows. Ark & 21Shares (ARKB) led with $75.84 million, adopted by Fidelity’s FBTC at $67.05 million, and BlackRock’s IBIT with $59.60 million.

Likewise, spot Ethereum ETFs noticed a robust rebound in demand on October 28, recording $246.02 million in web inflows, ending their transient slowdown. The cumulative whole web influx has now risen to $14.73 billion, in line with knowledge from SoSoValue.

Out of the 9 listed ETFs, 4 posted constructive inflows, whereas just one recorded minor outflows. Fidelity’s FETH led the day with $99.27 million, adopted by BlackRock’s ETHA with $76.37 million and Grayscale’s ETH with $73.03 million.

Meanwhile, Trump Media and Technology Group, the guardian firm of Truth Social, has announced a new partnership with Crypto.com that may deliver prediction markets to the social media platform, positioning it as the primary publicly traded social media firm to combine such expertise.

The collaboration, made by means of Crypto.com’s US affiliate, Crypto.com | Derivatives North America (CDNA), will permit Truth Social customers to commerce on the outcomes of real-world occasions starting from elections and financial knowledge to sports activities and commodities.

The put up Why Is Crypto Down Today? – October 29, 2025 appeared first on Cryptonews.

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