Bitcoin fell 1.5% below $109,000 on Tuesday during early Asian trading hours, while Ethereum dropped over 3% to under $3,900, as traders remain cautious despite modest gains in DeFi, PayFi, and meme sectors. According to Glassnode, last week’s sharp drop from $115,000 to $104,000 flushed out weak hands and triggered a defensive market rotation. Futures open interest and funding rates have declined, and demand for downside protection has surged, signaling a shift toward risk aversion. Although Bitcoin briefly rebounded to around $111,000, the market structure remains fragile and dominated by caution.
The post [LIVE] Crypto News Today: Latest Updates for Oct. 21, 2025 – Bitcoin Steadies Near $109K After Volatile Week; Ethereum Falls Below $3,900 as Market Remains Cautious appeared first on Cryptonews.
