This October 22, 2025, the crypto market suffers a new shock. Bitcoin and Ethereum, the two main digital currencies, see their prices fall, extending a period of volatility marked by the recent flash crash. While investors scrutinize economic indicators, the reasons for this decline and the outlooks shaping for the end of October are under examination.
In brief
- •Bitcoin and Ethereum fall this October 22 to $108,326 and $3,866 respectively, in a market marked by volatility after a record flash crash.
- •The causes of the fall of Bitcoin and Ethereum include massive liquidations, capital rotation from gold, and persistent geopolitical uncertainties.
- •The outlooks for Bitcoin and Ethereum depend on upcoming economic data, notably the US CPI, with a risk of prolonged decline in case of tensions.
Bitcoin and Ethereum Falling: Numbers That Worry
This morning, Bitcoin is trading around $108,326, recording a 0.4% drop in the last hour and nearly 4% over the week. After attempting to exceed the $114,000 resistance, the crypto queen retreated towards $108,500, reflecting persistent fragility. Edul Patel, CEO of Mudrex, highlights that the market remains vulnerable due to the lack of clear macroeconomic signals and geopolitical uncertainties.
On the other hand, Ethereum is not spared. The second-largest crypto by market capitalization trades at $3,866, down 0.5% on the day and over 6% on the week. Despite this downward trend, Ethereum ETFs recorded inflows of $99 million, a sign of persistent interest from institutional investors. However, volatility remains high, and the market struggles to regain positive momentum.
Why Are Bitcoin and Ethereum Falling Today?
The drop of Bitcoin and Ethereum observed this morning occurs in a context marked by the flash crash at the beginning of October. Indeed, the market saw more than $19 billion of positions liquidated in a single day. This event was triggered by the announcement of new tariffs on Chinese imports, causing a wave of massive sales on risky assets, including cryptos. Nervous investors reacted with caution, amplifying market volatility.
Another explanatory factor is the capital rotation observed in recent days. Gold, often considered a safe haven, has fallen more than 5% from its recent highs. This decline has pushed some investors to reallocate their funds, but without stabilizing the crypto market. This dynamic shows how sensitive cryptocurrencies remain to movements in other financial markets.
Outlook for BTC and ETH: Between Caution and Hope for a Rebound
The next few days will be crucial for the crypto market. Several factors must be closely monitored, notably the release of data on US inflation (CPI). Lower-than-expected inflation could strengthen hopes for interest rate cuts, which would be beneficial for risky assets like Bitcoin and Ethereum. Conversely, an unexpected rise in inflation could extend the current downward trend. Technically speaking:
- •BTC has strong support around $108,000 but will need to exceed the resistance between $111,000 and $113,000 to consider a sustainable rebound.
- •For Ethereum, the $3,800 level is a key support to watch. Analysts remain divided: some anticipate a gradual stabilization, while others fear an aggravation of volatility in case of new geopolitical tensions.
The morning drop of Bitcoin and Ethereum this October 22, 2025, illustrates the persistent fragility of the crypto market. As investors await clearer macroeconomic signals, the end of the month promises to be decisive. One question remains: is this volatility a simple correction or the beginning of a more durable downward trend?