A brief summary of the main cryptocurrency market movements and news in the 24 hours leading up to October 22, 2025:
Strong Price Movements: The crypto market has been experiencing strong bearish trading sessions leading up to October 22 (rumors of $600 billion in total market capitalization being evaporated). Bitcoin (BTC): The price is recorded in the range of $107,000 - $108,500 USD (down more than 2% in 24 hours), with some analysts warning of a deeper drop, even to $100,000 USD if buying power does not improve. Altcoin: Other major coins such as Ethereum (ETH), BNB, Solana (SOL) also suffered the same decline, losing from 2% to more than 4%. Reason for the price drop: A large liquidation event in the derivatives market (long/short squeeze). Geopolitical tensions or new trade/tariff moves between major powers (e.g., US-China) increase risk aversion in global financial markets. The theory that Bitcoin's "4-year bull run" is coming to an end has led to massive profit-taking by investors. #CryptoSecurity# #Sachtony# #HotTop¡cDiscussion
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
A brief summary of the main cryptocurrency market movements and news in the 24 hours leading up to October 22, 2025:
Strong Price Movements:
The crypto market has been experiencing strong bearish trading sessions leading up to October 22 (rumors of $600 billion in total market capitalization being evaporated).
Bitcoin (BTC): The price is recorded in the range of $107,000 - $108,500 USD (down more than 2% in 24 hours), with some analysts warning of a deeper drop, even to $100,000 USD if buying power does not improve.
Altcoin: Other major coins such as Ethereum (ETH), BNB, Solana (SOL) also suffered the same decline, losing from 2% to more than 4%.
Reason for the price drop:
A large liquidation event in the derivatives market (long/short squeeze).
Geopolitical tensions or new trade/tariff moves between major powers (e.g., US-China) increase risk aversion in global financial markets.
The theory that Bitcoin's "4-year bull run" is coming to an end has led to massive profit-taking by investors.
#CryptoSecurity# #Sachtony# #HotTop¡cDiscussion