Crypto markets fall for 7th consecutive day, Bitcoin trades at $108,000, Ethereum at $3,800
After a strong start to October, optimism in the cryptocurrency market has begun to fade, with markets falling for the seventh consecutive day on Thursday, October 23. Bitcoin and Ethereum slipped again over the past 24 hours amid macro uncertainty and bearish derivatives activity.
Traders trimmed risk ahead of Friday’s U.S. inflation data, while a major Bitcoin holder deposited $588 million to exchanges and increased short positions, signaling cautious sentiment in the crypto market, CoinMarketCap said.
As of Thursday morning, October 23, 2025, Bitcoin was trading around $108,544, down about 0.2% over the past hour and roughly 3% lower for the week, according to data from CoinMarketCap. Ethereum hovered near $3,829, a 1.14% dip in the…
