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The total crypto market cap surged 2.26% to $3.75 trillion, led by strong institutional inflows and improving investor sentiment.
Bitcoin climbed above $111,000 and Ethereum held near $4,000, showing stability and renewed bullish momentum.
SOL, DOT, and BNB recorded healthy gains, while memecoins BONK and WIF outperformed on social hype and retail participation.
On October 24, 2025, the global cryptocurrency market cap reached $3.75 trillion, indicating a rise of 2.26% over the last day. Traders' mood has turned somewhat positive as risk appetite has improved, and ETF inflow is generated consistently.
Bitcoin is trading at $111,240, having gained 2.29% in the past 24 hours. Immediate resistance stands at $112,000, and a break could target $115,000-$118,000. Support is the $106,000 level; if lost/broken down, we may retest $103,000 nightly.
On-chain data also show significant ETF buying and a reduction in selling, and long-term investors are accumulating bitcoins.
Also Read: Bitcoin News Today: Tesla’s 11,509 BTC Holdings Earn $80 Million Profit Amid Crypto Market Rebound
Ethereum's price stands at $3,976, up 3.63%. A breakout above $4,200 could lead to a rally toward $4,450-$4,600, while a slide below $3,750 could take the price toward $3,600-$3,650.
According to market experts, the factors behind this are the increasing use of Layer-2 solutions and growth in staking, with Ethereum being the main player in the DeFi and NFT sectors.
Despite short-term consolidation, Ethereum's long-term fundamentals are strong, reflected by constant developer activity and institutional interest.
SOL is priced at $193.66, gaining 5.14% over the past 24 hours. Resistance is found around $200 and support sits around $180.
The Solana ecosystem is on its way up with the emergence of new DeFi protocols, upcoming launches in NFT, and ongoing optimizations to the network. This latest spike represents new buying interest after last week’s consolidation, with traders anticipating a breakout above $200.
DOT is currently at $3.05, a 4.25% increase over the prior 24 hours. Resistance looms near $3.25, while support sits near $2.85.
As the Polkadot ecosystem advances with its cross-chain interoperability and parachain enhancements, the price recovery underscores renewed investor confidence. At the same time as developers have been discussing DOT’s scalable multi-chain solutions with increasing institutional interest and use cases on the roadmap for deployment.
Currently trading at $1,140, an increase of 5.02% over the previous 24 hours. Resistance stands close to $1,180, while support is near $1,080.
BNB continues to benefit from high network demand on the BNB chain with increasing adoption and usage in DeFi, GameFi, and WEB3 use cases. The price action is reflecting newfound confidence from investors in BNB building a use case tied to continuous token burns and additional utility within the Binance ecosystem.
XLM is trading at $0.3153, up 1.89% in the last 24 hours, with resistance near $0.3300 and support just below $0.3000.
Stellar continues to build on its momentum in cross-border payments and financial inclusion projects and has active partnerships in developing economies. Analysts see increasing network upgrades and enterprise partnerships as a way to add long-term value to XLM.
Also Read: Ethereum Faces Fluctuations Before US Inflation Report While ETH ETFs Decline
BONK is trading at $0.00001477, reflecting a gain of 5.60% in the last 24 hours. Resistance is at $0.00001550, and support is at $0.00001380.
The memecoin continues to show strong community participation and trading activity across Solana-based exchanges. The increase is reflecting renewed momentum as a result of increased retail trading and chatter on social media.
WIF is trading at $0.5316, 4.35% higher in the last 24 hours. Resistance is located near $0.5600, while support is around $0.5050.
The token remains popular with retail traders, has high market liquidity, and a supportive community. The memetic strength of Dogwifhat shows resilience, with continued speculative interest and volume showing strong retail interest.
The 2.26% rise in total crypto market capitalization highlights increasing optimism and selective risk-taking across the space. Bitcoin and Ethereum remain strong near key resistance levels, while altcoins and memecoins have some positive momentum.
Institutional adoption, growing DeFi infrastructure, and Layer-2 scaling are strong tailwinds for the long-term future of the market. Bitcoin is pushing towards $112,000, and Ethereum's hold near $4,000 exhibits market strength.
1. Why is Bitcoin rising above $111,000 today?
Strong ETF inflows and long-term holder accumulation are driving renewed buying interest in Bitcoin.
2. What is supporting Ethereum’s rally near $4,000?
Increased staking activity, Layer-2 adoption, and steady institutional participation are boosting Ethereum’s demand.
3. Which altcoins performed best today?
Solana, Polkadot, and BNB led the rally, each gaining between 4% and 5% over the past 24 hours.
4. Are memecoins still gaining traction?
Yes. BONK and Dogwifhat both rose over 4-5%, reflecting strong retail participation and community-driven hype.
5. What’s next for the crypto market?
Analysts expect cautious optimism to persist, with Bitcoin eyeing $115K resistance and Ethereum targeting $4,200 in the near term.
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