Market Overview
- Bitcoin (BTC) continues trading sideways around $95,000, showing minor fluctuations within a tight range.
- Altcoins post modest losses, with Chainlink (LINK) and Avalanche (AVAX) leading the downturn.
- The total crypto market cap dips to **$3.065 trillion**, reflecting a $15 billion decline over 24 hours.
Bitcoin’s Price Action
As of Wednesday, 30 October 2025, Bitcoin remains consolidating near $95,000**, struggling to break key resistance levels. After surpassing **$90,000 for the first time in six weeks, BTC briefly peaked near $96,000—a two-month high—before facing rejection.
Despite strong inflows into Bitcoin ETFs, the asset has failed to sustain momentum above $96,000**. A brief dip to **$93,000 earlier this week was followed by a quick recovery, reinforcing the $90,000 support level.
Key BTC Metrics:
- Current Price: ~$94,800
- Market Cap: $1.88 trillion
- Dominance: 61%
👉 Bitcoin ETF Impact on Price Trends
Altcoin Performance
Major altcoins recorded minor pullbacks, with:
- LINK, AVAX, and XRP down 3.5% daily.
- ETH, DOGE, ADA, SUI, SHIB, HBAR, and BCH seeing smaller losses.
Underperformers:
- VIRTUAL, TAO, and FLOKI (a meme coin tied to political figures) faced sell-offs amid controversy over developer token dumps.
Market Sentiment
The crypto market’s total value dropped to $3.065 trillion**, down **~$15 billion in 24 hours. Traders await clearer signals amid BTC’s consolidation.
FAQ Section
Q1: Why is Bitcoin stuck at $95,000?
A1: Resistance near $96,000 and profit-taking have capped gains, despite ETF inflows.
Q2: Which altcoins are most volatile today?
A2: LINK and AVAX lead losses (-3.5%), while meme coins like FLOKI face sell pressure.
Q3: Is the crypto market still bullish?
A3: While BTC holds $90K support**, breaking **$96K is critical for renewed upward momentum.
👉 How to Trade Crypto Market Volatility
Disclaimer: This content is for informational purposes only. Cryptocurrency investments carry risks; conduct independent research before trading.