On October 22, 2025, the crypto market faced a fresh upset. Bitcoin and Ethereum, the top digital currencies, dropped in price. This extended a stretch of ups and downs after a quick crash earlier in the month. Investors watch economic signs closely. What caused this drop? What lies ahead by month's end?
Bitcoin and Ethereum keep falling on October 22, 2025.
In brief, Bitcoin and Ethereum dipped to $108,326 and $3,866 on October 22. The market stays shaky after a huge flash crash. Reasons for the drop include big liquidations, money shifting away from gold, and ongoing global tensions. The future for Bitcoin and Ethereum hinges on key economic reports, like the US CPI. Tensions could mean a longer slide.
Bitcoin and Ethereum slide lower with troubling numbers.
This morning, Bitcoin trades near $108,326. It fell 0.4% in the past hour and almost 4% over the week. After pushing against $114,000, the top crypto pulled back to around $108,500. This shows ongoing softness. Edul Patel, CEO of Mudrex, says the market feels exposed without strong economic clues and with global worries hanging over it.
Ethereum faces the same issues. The number two crypto by market size sits at $3,866. It dropped 0.5% today and over 6% this week. Even with the fall, Ethereum ETFs saw $99 million in new money. This points to steady interest from big investors. Still, swings stay wild, and the market fights to turn positive.
Why did Bitcoin and Ethereum drop today?
The morning slide in Bitcoin and Ethereum ties back to the early October flash crash. Over $19 billion in positions got wiped out in one day. New tariffs on goods from China sparked it. This led to a rush of sales in high-risk assets like cryptos. Nervous investors pulled back, which boosted the market's wild swings.
Another key reason is the recent shift in money flows. Gold, a go-to safe spot, lost more than 5% from its peaks. Some investors moved cash around from there. But this did not steady the crypto world. It highlights how cryptos react sharply to changes in other markets.
Outlook for BTC and ETH: caution mixed with rebound hopes
The coming days matter a lot for the crypto market. Keep an eye on US inflation numbers, the CPI. If inflation comes in lower than thought, it could boost hopes for rate cuts. That would help risky assets like Bitcoin and Ethereum. But higher inflation might drag the downtrend further. On charts:
Bitcoin holds firm support near $108,000. To bounce back for good, it must top resistance from $111,000 to $113,000.
For Ethereum, $3,800 acts as a vital floor. Experts split on this. Some expect slow settling down. Others worry about bigger swings if global fights heat up again.
The early drop in Bitcoin and Ethereum on October 22, 2025, shows the market's lasting weakness. Investors wait for better economic hints. The month's close could decide things. One big question: Is this just a normal pullback, or the start of a lasting fall?