The cryptocurrency market on October 23, 2025 showed little inclination to move decisively in either direction. After several sessions of tight trading ranges, most major coins finished the day near unchanged levels. Traders continued to display restraint as risk appetite remained muted and global sentiment leaned toward caution. The overall tone suggested the market was content to consolidate rather than expand, with participants waiting for macroeconomic data or fresh institutional inflows to determine the next major move.
Bitcoin (BTC) Holds Near $110K With Little Momentum
Bitcoin closed at $110,079, showing a modest rebound from the prior day’s weakness. The $107,000–$108,000 support band continues to act as a solid base, but upside progress has remained limited below $111,000. Technical indicators show tightening volatility, a sign that energy is building for a potential breakout in either direction. Until volume expands beyond the $110,500 threshold, traders expect Bitcoin to remain in consolidation. Bulls view this structure as healthy digestion after earlier volatility, while bears see it as indecision before another downturn.
Ethereum (ETH) Mirrors Bitcoin’s Sideways Drift
Ethereum ended the session around $3,870, once again confined within its familiar $3,700–$4,000 corridor. The lack of movement underscores the market’s hesitation. On-chain data still shows robust network activity and continued staking inflows, yet speculative traders are not committing heavily. Analysts note that Ethereum’s resilience relative to smaller altcoins shows underlying stability, but without a breakout above $4,000, confidence in a renewed uptrend remains limited.
XRP Struggles for Direction Near $2.30
XRP traded close to $2.27, slipping slightly within its tight range. The token’s price behavior reflected broader market fatigue: no new catalysts, no decisive movement. Traders continue to monitor the $2.20 floor as key support. A sustained move above $2.40 would improve sentiment, but for now, XRP looks range-bound and sensitive to broader liquidity shifts.
Cardano (ADA) Remains Subdued Around $0.61
Cardano closed at $0.61, effectively flat. ADA’s price continues to orbit its support zone, lacking the speculative energy required for a breakout. Developers remain active, but market interest is muted. Traders point to $0.60 as the critical level to defend, while resistance sits at $0.65–$0.68. Until macro conditions improve, ADA is expected to drift sideways.
Shiba Inu (SHIB) Maintains Base Level Without Buzz
Shiba Inu ended at $0.0000096, staying at its base for another day. The meme-coin sector remains quiet, reflecting a wider retreat from high-risk tokens. SHIB’s trading volume has contracted significantly, a sign that retail enthusiasm remains absent. A push above $0.0000105 would help restore speculative attention, but no such move appeared on October 23.
Dogecoin (DOGE) Holds Support Yet Lacks Conviction
Dogecoin finished near $0.183, unchanged for the third session in a row. While the $0.18 zone continues to act as strong support, DOGE’s inability to move toward $0.20 shows traders’ reluctance to re-enter meme-coin positions. Without a notable narrative or community catalyst, the asset is likely to remain stagnant.
Kaspa (KAS) Trades Steady Above $0.05
Kaspa closed at $0.051, holding above the psychological $0.05 floor. The token’s calm behavior suggests that speculative activity has subsided after earlier volatility. For the short term, a breakout above $0.06 could invite fresh attention, but until then, Kaspa remains in consolidation alongside most of the mid-cap altcoin market.
SUI Stabilizes After Early-Month Weakness
SUI finished at $2.39, retaining its steady posture. The asset continues to digest losses from earlier in the month and is now forming a narrow range. If buyers manage to push above $2.60–$2.70, SUI may gain momentum, but for now, it remains a low-volatility token in a quiet market.
Pi Network (PI) Flat at $0.20 as Traders Ignore It
Pi Network closed at $0.20, unchanged once more. Limited exchange availability and minimal liquidity keep the token from participating in wider market movements. Traders are effectively ignoring PI until a concrete listing event or mainnet update occurs.
Market Outlook
| Cryptocurrency | Price (Oct 23 2025) | Daily Change | Key Takeaway |
|---|---|---|---|
| Bitcoin (BTC) | $110,079 | +2.3% | Rebounded slightly but still consolidating |
| Ethereum (ETH) | $3,870 | +0.2% | Holding firm below $4K resistance |
| XRP | $2.27 | −0.3% | Range-bound near support |
| Cardano (ADA) | $0.61 | 0.0% | Quiet, stable above $0.60 |
| Shiba Inu (SHIB) | $0.0000096 | 0.0% | Still stagnant; low liquidity |
| Dogecoin (DOGE) | $0.183 | 0.0% | Stable at $0.18–$0.19 |
| Kaspa (KAS) | $0.051 | 0.0% | Consolidating above floor |
| SUI | $2.39 | 0.0% | Slow, steady range |
| Pi Network (PI) | $0.20 | 0.0% | Illiquid and inactive |
