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A brief summary of the main cryptocurrency market movements and news in the 24 hours leading up to October 22, 2025:
Strong Price Movements:
The crypto market has been experiencing strong bearish trading sessions leading up to October 22 (rumors of $600 billion in total market capitalization being evaporated).
Bitcoin (BTC): The price is recorded in the range of $107,000 - $108,500 USD (down more than 2% in 24 hours), with some analysts warning of a deeper drop, even to $100,000 USD if buying power does not improve.
Altcoin: Other major coins such as Ethereum (ETH), BNB, Solana (SOL) also suffered the same decline, losing from 2% to more than 4%.
Reason for the price drop:
A large liquidation event in the derivatives market (long/short squeeze).
Geopolitical tensions or new trade/tariff moves between major powers (e.g., US-China) increase risk aversion in global financial markets.
The theory that Bitcoin's "4-year bull run" is coming to an end has led to massive profit-taking by investors.
#CryptoSecurity# #Sachtony# #HotTop¡cDiscussion