Major Market Highlights Friday, 24 October 2025
Bitcoin is trading around $109,474 after briefly dipping to $106,778 earlier in the day. The market remains cautious following recent U.S. inflation (CPI) data, which added more uncertainty to the global financial outlook.
Renewed U.S.–China trade tensions have also put pressure on risk assets like cryptocurrencies.
Analysts say Bitcoin is consolidating near a key liquidity zone between $106K and $112K, and a breakout above this range could spark a stronger move toward $116K.
Liquidations and Market Pressure
Heavy liquidations continue across major exchanges as highly leveraged positions get wiped out.
Bitcoin’s recent pullback from its highs is largely being attributed to these forced sell-offs and general market risk aversion.
Broader Market Data
Overall, crypto market capitalization and trading volume have slightly declined, suggesting traders are taking a wait-and-see approach after several volatile weeks.
Ethereum has remained relatively stable near the $4,000 level, while smaller altcoins show mixed movements.