Bitcoin holds $122,127, showing resilience amid market consolidation, with experts predicting a potential breakout above $150,000.
Solana was the top gainer among crypto prices today, rising 2.98%, while Ethereum and BNB showed mild corrections.
North Dakota launched Roughrider Coin, a state-backed USD stablecoin signaling growing institutional crypto adoption.
Crypto prices today reflects a balanced market mood as Bitcoin holds strong above $122,000 while major altcoins like Ethereum and BNB see slight pullbacks. Solana stands out with nearly 3% gains, signaling renewed investor confidence. Traders are now watching closely as experts predict Bitcoin could be gearing up for its next big breakout. Let’s explore crypto prices today and what to expect from the market in the near future based on CoinMarketCap data.
Bitcoin was trading at $122,127.93, up by 0.29% over the past 24 hours. The leading cryptocurrencies market capitalization was over $2.43 trillion and daily trading volume reached $63.2 billion at press time.
Mr Sathvik Vishwanath, Co-founder and CEO of Unocoin, noted, "Bitcoin is navigating a volatile phase following yesterday’s FOMC minutes, which hinted at potential policy easing if inflation continues cooling. This sparked cautious optimism, lifting BTC near $122,000. Technically, the asset faces resistance around $125,000–$128,000, with support at $115,000. A breakout above $130,000 could trigger a bullish leg, while a drop below $110,000 may shift sentiment bearish.”
The Co-founder and CEO of Unocoin further commented, “The market is finely balanced, reacting sharply to macro cues. Traders are watching upcoming inflation data closely, as dovish signals could fuel further upside. For now, Bitcoin is range-bound, consolidating within a broader macro-influenced structure shaped by interest rate expectations."
Ethereum price was at $4,452.00, down 0.17% in the last 24 hours. Despite the minor pullback, ETH has a market cap of $537.37 billion with 120.7 million tokens in circulation. Similarly, BNB was trading at $1,276.88, dipping 0.62% over the past day. XRP price also showed a downtrend at $2.84 with a decline of 0.57% in the past 24 hours.
On the other hand, Solana was one of today's top gainers, climbing 2.98% to $226.85. Dogecoin (DOGE) was up by 1.76% to $0.2490. TRON (TRX) was at $0.3405, up 1.11% in the past 24 hours, with a market capitalization of $32.24 billion. At the same time, Cardano (ADA) traded at $0.8205 with a rise of 0.52%.
Stablecoins held steady as Tether (USDT) traded at $1 with a slight 0.02% uptick. The coin maintained its position as the largest stablecoin with a market cap of $177.93 billion. USD Coin (USDC) followed closely at $0.9997, holding a market capitalization of $75.63 billion.
Also Read: Crypto Prices Today: Bitcoin Price Falls 2.27% to $121,748, Ethereum Slips 5.20% Below $4,500
Crypto news today was led by comments from well-known trader Peter Brandt, who said that Bitcoin was at a key turning point. On October 8, 2025, Brandt explained that Bitcoin’s past price cycles showed a clear pattern, it could either reach its peak soon or rise sharply in a new rally.
Brandt pointed out that Bitcoin’s last three market cycles had followed similar timelines, with the period after each halving matching the time before it. He said that while patterns can change, this one had held up well so far.
The trader added that he was 50/50 on what comes next, but stayed hopeful that Bitcoin might break its old pattern. If that happened, Brandt believed Bitcoin’s price could jump above $150,000 and might even reach $185,000 in the coming months.
The Bank of North Dakota announced plans to launch a new stablecoin called Roughrider Coin. It was created with the help of Fiserv, a global payments company, and will roll out to financial institutions across the state in 2026.
The Roughrider Coin will be backed by the US dollar and used for bank transfers, merchant payments, and global transactions. Fiserv, which handled around 35 billion transactions in 2022, will manage the digital platform behind it.
Named after President Theodore Roosevelt, who had close ties to North Dakota, the Roughrider Coin became the second state-issued stablecoin in the US in 2025, after Wyoming’s Frontier Stable Token launched in August.
Another big story in crypto this week came from the BNB Chain, where meme coin trading exploded. Many traders made huge profits, turning small investments into millions within just a few days on new small-cap meme coins.
Data from Lookonchain showed one trader, known as 0xd0a2, turned a $3,500 investment into $7.9 million in three days, a return of over 2,200 times. Another trader, hexiecs, made $5.5 million from a $360,000 investment in a new token called ‘4’, which became popular after Binance co-founder Changpeng Zhao mentioned it online. The frenzy grew after Zhao shared a post about the ‘4’ token with his 8.9 million followers on October 1.
Crypto prices today showed a mix of gains and slight corrections, creating both risks and opportunities for traders and long-term investors.
Parth Srivastava, Head of Quant at 9Point Capital’s Research Team, commented, “Bitcoin appears to be entering a period of healthy consolidation after its explosive rally, holding firm above previous highs. The market looks like a coiled spring, storing potential energy for the next breakout. As long as it sustains these levels, the broader view remains decisively bullish digestion before another leg higher.”
Investors should keep an eye on Bitcoin’s next move as it could shape the rest of 2025 for the whole crypto market.
Also Read: Top Proof of Stake (PoS) Coins by Market Cap in 2025
1. Why is the crypto market down today?
The crypto market is in a consolidation period. While Bitcoin continues to hold strong above $122,000 altcoins like Ethereum and BNB are undergoing some minor downside. These movements are simply symptomatic of some traders' profit taking after last week's price advances, rather than saying anything structural is getting weak in the market.
2. What does Peter Brandt’s Bitcoin prediction mean for investors?
Veteran trader, Peter Brandt has suggested one of two scenarios involving Bitcoin's price move to peak soon or rally significantly toward $150,000-$185,000. His analysis is based on previous cycles that have been historically consistent and stay consistent, giving investors hope of some caution of possible massive future upside potential in the next weeks.
3. Why is Solana outperforming other cryptocurrencies today?
Solana's price rally of 2.98% can likely be attributed to renewed progressive liquidity market interest investing in the growing Solana DeFi ecosystem, strong network activity, as well as other traders shifting concentrated investments into Solana as an alternative cryptocurrency to Ethereum while awaiting future Ethereum Layer 2 network launch, to send cheaper and faster transactions. The continual consistent development of the Solana ecosystem surely adds to more momentum.
4. What is the meaning of the Roughrider Coin in North Dakota?
North Dakota’s Roughrider Coin has become the second state-based stablecoin in the US since the beginning of this year. Designed in partnership with Fiserv, the coin has the purpose of modernizing digital payment systems, introducing interbank payment options and supporting regional fintech innovation, revealing an institutionalization of blockchain and cryptocurrency.
5. Is this slight decrease in price for today’s prices a concern for investors?
Not necessarily. They are considered to be minor corrections that happen after strong rallies, allowing for market stabilization. There is still a lot of trading activity taking place while bitcoin’s price remains stable, so any minor price drop today is a likely sign of healthy consolidation and not the start of a downward trend.
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