{"id":26479,"date":"2022-10-25T10:05:47","date_gmt":"2022-10-25T04:35:47","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=26479"},"modified":"2022-10-25T10:05:47","modified_gmt":"2022-10-25T04:35:47","slug":"crypto-market-update-october-25-2022","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/news\/crypto-market-update-october-25-2022\/","title":{"rendered":"Crypto market update: 25 October 2022"},"content":{"rendered":"

Bringing its three-day winning streak to a close, the crypto market saw a bearish start this week. The total crypto market cap was at $888.3 billion at the end of yesterday\u2019s session, growing October\u2019s deficit to $16.7 billion.<\/p>\n

Many top cryptos by market cap registered losses, too. According to financial news portal FX Empire<\/a>, Solana (SOL) and Ripple (XRP) led the way down among them, shedding 3.32% and 3.32% of their prices, respectively, as of 25 October 2022. SOL struggled to reclaim the key support in the $30 region. XRP traded in red with its Director of Engineering Nik Bougalis leaving the company.<\/p>\n

However, Bitcoin (BTC) avoided the first resistance level of $19,000 for the third time consecutively despite falling short of $20,000 for the 17th day in a row. Bitcoin mining difficulty rose by 3.44% higher, reaching an all-time high.<\/p>\n

Crypto Fear and Greed Index<\/h2>\n

The Crypto Fear and Greed Index, which is a measure of crypto investor sentiments, took a two-point fall this morning. At 20\/100, it is currently indicating extreme fear.<\/p>\n

The index falling deeper into the extreme fear zone could be a response to disappointing economic indicators from the EU and the US, fears of a recession, and political updates from China. The index\u2019s 2% decline also coincides with BTC\u2019s 1.25% loss.<\/p>\n

The index needs to continue avoiding the sub 20\/100 region in order to support a shift in sentiment. If it fails to do so, BTC could drop below the $18,000 mark.<\/p>\n

\"Crypto<\/p>\n

Key gainers and losers today<\/h2>\n

The cryptos currently registering the highest wins at publishing time are district0x (+6.91%), JasmyCoin (+5.55%), Chiliz (+5.10%), Theta Network (+4.64%), and Axie Infinity (+4.16%), according to live data from CoinSwitch<\/a>.<\/p>\n

Coins that are heading the other way for now include AirSwap (-5.07%), GAS (-4.70%), Aave (-3.97%), Maker (-2.72%), and Ripple (-2.63%).<\/p>\n","protected":false},"excerpt":{"rendered":"

Bringing its three-day winning streak to a close, the crypto market saw a bearish start this week. The total crypto market cap was at $888.3 billion at the end of yesterday\u2019s session, growing October\u2019s deficit to $16.7 billion. Many top cryptos by market cap registered losses, too. According to financial news portal FX Empire, Solana […]<\/p>\n","protected":false},"author":70,"featured_media":26480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[7701],"tags":[6602,6536],"class_list":["post-26479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-market-update","tag-news"],"acf":{"json_ld_schema":"\n[{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#FAQPage\",\"headline\":\"Wall Street jottings: A personal, guided tour to investing in US stocks\",\"keywords\":\"Personal Guide, US Investing, \",\"datePublished\":\"2022-07-22T13:28:55+05:30\",\"dateModified\":\"2022-09-19T19:04:28+05:30\",\"dateCreated\":\"2022-07-22T13:28:55+05:30\",\"author\":{\"@type\":\"Person\",\"name\":\"Akumbenla Jamir\",\"description\":\"\",\"url\":\"https:\/\/coinswitch.co\/switch\/author\/akumbenla\/\",\"sameAs\":[],\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/38aea2873be2850fa7502413626eea19?s=96&d=mm&r=g\",\"height\":96,\"width\":96}},\"image\":[{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#primaryimage\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings.jpg\",\"width\":\"1800\",\"height\":\"1080\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x900.jpg\",\"width\":\"1200\",\"height\":\"900\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x675.jpg\",\"width\":\"1200\",\"height\":\"675\"}]}]\n","json_ld_custom_schema":"","youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":false,"select_disclaimer":"Article Default Disclaimer","key_takeways":false},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/26479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=26479"}],"version-history":[{"count":1,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/26479\/revisions"}],"predecessor-version":[{"id":26485,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/26479\/revisions\/26485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/26480"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=26479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=26479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=26479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}