Why Is Crypto Up Today? – October 24, 2025

What Happened

Traders and investors are very cautious at the moment. Currently, they’re waiting for further economic and geopolitical signals on the market direction.

Market Context

The crypto market is up today, with the cryptocurrency market capitalization increasing by 1.7%, now standing at $3.85 trillion. 95 of the top 100 coins have appreciated over the past 24 hours. At the same time, the total crypto trading volume is at $156 billion, somewhat lower than what we’ve been seeing over the past few days.

At the time of writing, 9 of the top 10 coins per market capitalization have seen their prices increase over the past 24 hours.

Bitcoin (BTC) increased by 1.2% since this time yesterday, currently trading at $111,254 .

The highest rise in the category is 3.2% by Solana (SOL), now trading at $192.

Notably, many are waiting for the US consumer price index report, which is set to come out today, after being delayed from 15 October.

‘Increasing Volatility Potential’

Bitunix analysts commented that liquidation heatmaps in the crypto market show a dense BTC liquidation cluster above $114,000. There is a strong buy-side support concentrated in the $105,000–$106,000 range.

“Combined macro uncertainty and tightening dollar liquidity are driving a rise in short-term risk aversion, increasing volatility potential,” the analysts say.

Additionally, the US Federal Reserve’s “data blackout underscores a decline in policy transparency and a distortion of market signals. When official data becomes unreliable, capital increasingly turns to real-time market pricing as the ‘only credible indicator’.”

“This shift, paradoxically, strengthens crypto markets’ relative advantage in liquidity-based price discovery. Over the long term, data sovereignty and informational transparency are poised to become the new frontiers in monetary trust,” the analysts say.

The price has been moving around $109,000, and net Bitcoin ETF inflows rose past $470 million, which highlights “strong institutional confidence in the digital asset.” At the moment, “we are witnessing Bitcoin transition from a fringe asset to one that is rooted in the global financial system, and technical progress within Bitcoin DeFi is moving in step,” Harz says.

Why It Matters

Crypto Winners & Losers

Ethereum (ETH) is up by 2.3%, now changing hands at $3,976.

Details

Binance Coin (BNB) is next up, having appreciated 2.7% to $1,135.

The only red coin is Tron (TRX). It is currently down 2.8%, now standing at $0.3135.

Looking at the top 100 coins, 80 are up. Among these, 3 recorded double-digit rises.

ChainOpera AI (COAI) appreciated the most again: 47.3% to $20.32.

It’s followed by Aster (ASTER) and World Liberty Financial (WLFI), which are up by 12.9% and 12.1% to $1.14 and $0.1425, respectively.

On the other hand, Tron fell the most, followed by HTX DAO (HTX)’s 1.6% fall and Flare (FLR)’s 1.5%.

Meanwhile, the US president pardoned Changpeng Zhao, the convicted founder of crypto exchange Binance, after months of Zhao’s efforts to boost the president’s family’s crypto company. Senator Elizabeth Warren warned that “the convergence of Mr Zhao’s pardon application and Binance’s financial entanglements with the President’s family presents urgent concerns regarding the integrity of our justice system.”

Moreover, Dom Harz, Co-Founder of BOB, argued that Bitcoin’s recent fluctuations are “merely a distraction from its long-term trajectory.”

Moreover, “as mainstream adoption accelerates Bitcoin’s integration as a core component of the global financial system, institutions holding BTC want to put their assets to work, and that’s where Bitcoin DeFi comes in,” he adds. “The foundations being built today, including hybrid chains like BOB, are transforming Bitcoin from a static asset into a programmable financial infrastructure, fit for institutions.”

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