by Coinstrooper Crypto Articles
Quick Take
  • The crypto market is down today, with the global cryptocurrency market capitalization falling by 1.0% to $3.74 trillion, according to data from CoinMarketCap.
  • The 24-hour trading volume stands at $238 billion, reflecting a modest slowdown in market activity.
  • Bitcoin faces resistance at $110K–$112.8K and support around $106.6K;
  • Early Bitcoin whale Owen Gunden moved 364 BTC ($40.25M) to Kraken;

What Happened

In exchange, India would gradually curb its imports of Russian oil and open its agricultural market to more US products. The deal could be announced between October 26–28 during the ASEAN Summit, where President Trump and Prime Minister Modi are expected to meet.

Market Context

The crypto market is down today, with the global cryptocurrency market capitalization falling by 1.0% to $3.74 trillion, according to data from CoinMarketCap. The 24-hour trading volume stands at $238 billion, reflecting a modest slowdown in market activity.

At the time of writing, 8 of the top 10 cryptocurrencies by market cap have traded lower in the past 24 hours, showing continued weakness across major assets.

Bitcoin (BTC) is down 0.8%, trading at $107,735, with a market cap of $2.14 trillion.

The only notable gainer among top assets is Lido Staked Ether (stETH), up 1.0% in the last 24 hours, trading at $3,828.

Meanwhile, MonbaseCoin topped the gainers’ chart with a 5.6% rise, followed by EVAA Protocol (+4.0%) and GeorgePlaysClashRoyale (+40.2%), marking standout performances amid an otherwise red market.

US–India Trade Deal Could Reshape Global Capital Flows

Why It Matters

TLDR:

8 of the top 10 cryptocurrencies are down;

Details

BTC -0.8% ($107,735), ETH -1.5% ($3,831);

Fear & Greed Index dropped to 29 (Fear);

Bitcoin faces resistance at $110K–$112.8K and support around $106.6K;

ETH is consolidating between $3,750–$4,250;

Early Bitcoin whale Owen Gunden moved 364 BTC ($40.25M) to Kraken;

US spot Bitcoin ETFs saw $477.19M in inflows;

US spot Ethereum ETFs recorded $141.66M inflows;

Retail chain Bealls now accepts crypto payments across 660 US stores;

Crypto Winners & Losers

Ethereum (ETH) has dropped 1.5% over the same period to $3,831, while Binance Coin (BNB) declined 0.9% to $1,068.

Among other leading coins, Solana (SOL) slipped 0.7% to $184.92, and XRP (XRP) edged down 1.4% to $2.40.

Further down the list, Dogecoin (DOGE) lost 1.9% to $0.1909, while Cardano (ADA) declined 1.5% to $0.6358.

The day’s trending tokens include EVAA Protocol, up 4.0% to $7.39, Aster, down 0.3% to $0.099, and Hyperliquid, nearly flat at $35.93.

Meanwhile, early Bitcoin whale Owen Gunden has transferred 364 BTC, worth around $40.25 million, to crypto exchange Kraken today, according to on-chain data. Despite the sizable deposit, Gunden still holds an impressive 10,959 BTC, valued at approximately $1.19 billion.

The United States and India are reportedly close to finalizing a landmark trade agreement that would cut tariffs on Indian exports to the US from around 50% to 15%, marking a significant shift in global trade dynamics.