Cryptocurrency Market Sees Mixed Movements: Bitcoin & Ethereum Decline, PancakeSwap Soars

The cryptocurrency market experienced a mixed day on October 8, 2025, with major digital assets experiencing notable fluctuations. According to CoinMarketCap, at 8:00 AM KST, Bitcoin (BTC) dropped by 2.42% to $121,717.92. Ethereum (ETH) also fell, declining 4.61% to $4,476.65. XRP, Dogecoin, Solana, Avalanche, and Shiba Inu all experienced declines as well. Conversely, PancakeSwap (CAKE) surged by a substantial 17.50%, while Zcash saw the steepest decline of -17.51%. Other noteworthy altcoins included Quai Network, Aleo, and new entries listed on CoinMarketCap in the past 24 hours: SANTA, CAPY, SAFU, VITASTEM, BABYASTER, UNICEF, HARIKO, DEW, SYNDicate, BTC, TRASH COIN, TSAT, XCL, ZERA, Baby BNB, PALU, Binance Life. 8:00 AM KST. Join our Telegram channel for updates.