The global cryptocurrency market has experienced a downturn, with a $3.75 trillion market cap declining by 9.29% over the past 24 hours, according to CoinMarketCap data. Bitcoin (BTC) traded between $102,000 and $122,550 in the past 24 hours, currently hovering at $111,758 after a 8.19% decrease. Most major cryptocurrencies have seen losses, with ZEC, PROM, and PAXG exhibiting slight gains of 17%, 1%, and -0% respectively. 2025 is proving to be an eventful year for the cryptocurrency market as several notable events shape its trajectory today. We delve into these developments: Top Stories The U.S. Consumer Confidence index has remained stable in October, indicating a possible lack of immediate impact from inflation fears on consumer sentiment. Bitwise Avalanche ETF listed on DTCC U.S. October one-Year Inflation Rate expected at 4.6% and the Morgan Stanley expands cryptocurrency investment options for all clients. The EU and U.S. collaborate on a new trade agreement plan, and the Fed’s policy uncertainty influences the crypto market’s direction. Solana’s Perpetual DEX trading volume has hit a record high amid heightened market volatility. Meanwhile, the Federal Reserve’s policy moves create more uncertainty in the cryptocurrency market as Texas establishes a strategic Bitcoin reserve with its eyes set on Ethereum as potential additions. Market Movers ETH: $3827.23 (-11.95%) BNB: $1128.13 (-10.40%) XRP: $2.4998 (-11.54%) SOL: $187.56 (-14.93%) DOGE: $0.19659 (-21.48%) TRX: $0.3186 (-4.95%) ADA: $0.6772 (-17.25%) WBTC: $111756.73 (-8.18%) WLFI: $0.135 (-23.64%) LINK: $18.36 (-19.05%) #DOGE #BTC #BNB #XRP #ETH