Why Is Crypto Down Today? – October 10, 2025

The crypto market is down today, with the cryptocurrency market capitalization rising by 0.8%, now standing at $4.23 trillion. 75 of the top 100 coins have dropped over the past 24 ￰0￱ the same time, the total crypto trading volume is at $206 billion, higher than the previous few days. TLDR: The crypto market capitalization is down by 0.8% on Friday morning (UTC); 75 of the top 100 coins are down, and only 1 of the top 10 coins is up; BTC fell 0.5% to $121,142, and ETH fell 1.9% to $4,332; ’Bitcoin volatility is poised for a breakout’; ’The lack of new catalysts is one of the key reasons for crypto’s current stagnation’; ’Many institutional participants are maintaining exposure but avoiding significant portfolio expansion’; US Fed late-October FOMC meeting may be a catalyst for a major move up or down; US BTC and ETH spot ETFs saw $440.73 million and $62.05 million in inflows, respectively; Crypto market sentiment is mostly unchanged within the neutral ￰1￱ Winners & Losers At the time of writing, 9 of the top 10 coins per market capitalization have seen their prices decrease over the past 24 ￰2￱ (BTC) fell by 0.5%, currently trading at $121,142.

It’s the second-smallest drop in the ￰3￱ (BTC) 24h 7d 30d 1y All time Ethereum (ETH) is down by 1.9%, now changing hands at $4,332. The smallest decrease on the list is XRP’s 0.3% to $2.81. At the same time, the only gainer in the category is Dogecoin (DOGE) , which appreciated 0.5% to $0.2481. When it comes to the top 100 coins, 75 have seen decreases, the highest of which is 17.3% by Mantle (MNT) , now trading at $2.22.

Aster (ASTER) also recorded a double-digit drop: 14% to $1.56. Two coins saw double-digit increases: Zcash (ZEC) and Provenance Blockchain (HASH) . The former appreciated 32.7%, now trading at $238.81, while the latter rose by 20.6% to $0.04061. ‘Increased Anticipation Of Big Moves Ahead’ Sean Dawson, head of research at the onchain options platform ￰4￱ , argues that “Bitcoin volatility is poised for a breakout.” He explained that implied volatilities across 14-, 30-, and 90-day expiries have surged to their highest levels in 30 ￰5￱ spike follows the market pricing in a 25 basis point rate cut by the US Federal Reserve expected later this ￰6￱ suggests “increased anticipation of big moves ahead.” Term structure of BTC volatility with box plots overlaid to highlight historical ranges:) 24h 7d 30d 1y All time Meanwhile, the crypto market sentiment had dropped ￰7￱ crypto fear and greed index fell from 55 yesterday to 54 ￰8￱ seem to be still optimistic, but caution is ￰9￱ factors, both geopolitical and economic, are likely to influence the overall market ￰10￱ US BTC spot exchange-traded funds (ETFs) saw $197.68 million in inflows on ￰11￱ total now stands at $62.77 ￰12￱ the 12 ETFs, two saw inflows, and three saw ￰13￱ took in $255.47 million, while Grayscale let go of $45.55 million.

Moreover, the US ETH ETFs broke the 8-day streak of inflows on 9 October with $8.54 million in ￰14￱ cumulative total net inflow is now at $15.08 ￰15￱ of the nine finds saw positive flows, and five saw negative ￰16￱ took in $32.29 million, while Fidelity let go of $30.26 ￰17￱ FAQ Why did crypto move with stocks today? The crypto market has decreased over the past day, and the stock market pulled back on Thursday after the latest all-time ￰18￱ the closing time on 9 October, the S&P 500 was down by 0.28%, the Nasdaq-100 decreased by 0.15%, and the Dow Jones Industrial Average fell by 0.52%. Is this drop sustainable? Pullbacks are normal after a rally and no reason to ￰19￱ market seems to be in a consolidation phase now, which could be healthy for it as it prepares for the next ￰20￱ may also like: (LIVE) Crypto News Today: Latest Updates for October 10, 2025 Bitcoin may be sitting at record highs, but a key long-term price gauge suggests the world’s largest cryptocurrency still has plenty of room to ￰21￱ to the Mayer Multiple, a popular onchain indicator tracking the ratio of Bitcoin’s price to its 200-week moving average, BTC remains far from “overheated.”The latest readings place the Multiple at just 1.16, well below the 2.4 level that has historically signaled market ￰22￱ Says Bitcoin Still Has Room to...