Crypto Market Pulse 29th October 2025 | Bitcoin Below $113K, Altcoins Face Heavy Correction Amid Risk-Off Mood
By CapitalKeeper | Crypto Market Pulse | Crypto Capital | Market Moves That Matter
The global crypto market cap dropped to $3.79 trillion as Bitcoin slipped to $112,476 and Ethereum fell 4% to $3,981. Altcoins like BNB, ADA, and DOGE extended losses amid growing risk aversion. Here’s the full analysis in today’s Crypto Market Pulse.
Crypto Market Pulse – 29th October 2025 | Bitcoin Slides to $112K, Ethereum Drops 4% as Altcoin Sentiment Weakens
The cryptocurrency market witnessed a sharp decline on 29th October 2025, as both major and mid-tier tokens came under selling pressure. The global crypto market capitalization shrank by 2.82%, settling near $3.79 trillion, signaling renewed caution among traders after a brief recovery earlier this week.
With the Fear & Greed Index slipping to 39, the market entered the “Fear Zone” a sign that participants are becoming defensive, reducing leverage positions, and booking profits near resistance levels. The overall tone remains cautious ahead of key macro data from the U.S. and Asia that could influence risk assets, including cryptocurrencies.
1. Bitcoin (BTC) Under Pressure – Back Below $113K
Bitcoin continued its corrective phase, dropping 2.73% over the last 24 hours to trade around $112,476.42, with a market cap of $2.24 trillion.
After multiple rejections around the $115K resistance zone, BTC is showing short-term weakness, forming lower highs on the hourly chart. The Relative Strength Index (RSI) cooled off near 48, suggesting a balanced momentum but leaning toward the bearish side.
Key Levels to Watch:
- Immediate Resistance: $115,800 – $116,200
- Support Zone: $110,500 – $111,200
- Trend Bias: Neutral-to-Bearish
Traders are eyeing this pullback as a healthy consolidation, as long as Bitcoin holds above the $110K support, which also aligns with its 20-day EMA. A decisive move below this could trigger a test of $107K in the short term.
2. Ethereum (ETH) Declines 4% Amid Profit Booking
Ethereum followed Bitcoin’s downtrend, sliding 4.00% to $3,981.34 with a total market capitalization of $480.28 billion. Despite maintaining strong network activity through DeFi protocols and Layer-2 scaling, ETH’s price action shows clear exhaustion near the $4,150 zone.
The ETH/BTC ratio also weakened, hinting that traders are shifting back into stablecoins or taking risk off the table. This divergence often precedes a short-term rotation within the altcoin basket.
Technical Outlook:
- Resistance: $4,150 – $4,220
- Support: $3,850 – $3,750
- Momentum: Bearish bias; MACD showing negative crossover
Ethereum’s daily volume spiked during the fall, indicating stronger sell-side participation. Long-term investors, however, continue to hold firm above $3,700, citing Ethereum’s dominance in smart contract adoption.
3. Altcoin Market – Broad-Based Decline, BNB and Solana Hit Hard
The Altcoin Index dropped to 30/100, reflecting broader weakness across major alts.
BNB (Binance Coin):
BNB fell 3.36% to $1,105.65, as traders booked profits after its strong rally earlier in October. Its dominance slipped marginally, though network activity on Binance Smart Chain remains robust.
Solana (SOL):
SOL dipped 1.60% to $199.02, as investors reacted to increased volatility and cautious sentiment across DeFi tokens. Technically, SOL is testing a key support zone around $195 a breakdown here could lead to $180.
XRP:
XRP edged 0.87% lower to $2.62, maintaining relative strength compared to peers. Traders still favor XRP due to its liquidity and cross-border transaction volumes.
Cardano (ADA):
ADA corrected 3.99% to $0.6444, under pressure from risk-off flows. The project remains fundamentally strong with ongoing ecosystem development, but technicals suggest weakness below $0.68.
Dogecoin (DOGE):
Meme coins bore the brunt of the correction DOGE fell 4.36% to $0.1932, reflecting risk aversion among retail traders. Despite strong social media sentiment, on-chain data shows declining active wallets over the past week.
4. Stablecoins Hold Ground as Traders Flock to Safety
With heightened volatility in the majors, stablecoins like USDT ($1.00) and USDC ($0.9999) remained stable, reflecting a defensive shift in portfolio allocation.
The combined market cap of the top two stablecoins now stands at $259.4 billion, a reminder that cash positioning is growing as traders await fresh triggers for re-entry.
5. Sentiment Meter: Fear Creeps Back In
The Crypto Fear & Greed Index fell to 39, marking a transition from “Neutral” to “Fear.” Historically, this level often acts as a psychological floor when investors become fearful, accumulation phases gradually build up.
However, in the short term, sentiment remains cautious. Traders are closely watching whether Bitcoin can stabilize above $111K, as that would likely restore mild bullish sentiment into early November.
6. Macro & On-Chain Catalysts: What’s Driving the Drop
Several global macroeconomic developments influenced today’s decline:
- U.S. Treasury yields ticked higher, reducing appetite for risk assets.
- Dollar Index (DXY) strengthened above 103.2, creating headwinds for crypto.
- On-chain data from Glassnode showed increasing BTC outflows from exchanges earlier this week, but that momentum stalled today.
- Institutional trading desks report reduced open interest in BTC and ETH futures, suggesting short-term positioning rather than structural exits.
7. Outlook for the Week Ahead: Correction or Buying Opportunity?
While the correction looks sharp, analysts see this as part of a broader consolidation pattern after the powerful rally that began in September.
If BTC holds above $110K and ETH defends $3,850, the market could enter a sideways accumulation phase before its next leg higher.
In contrast, a breakdown below these levels might invite a 5–7% additional correction across majors.
Short-term traders are advised to remain cautious, while long-term investors could look at staggered entries, especially in fundamentally strong tokens like BTC, ETH, and SOL.
Conclusion: Crypto Market Shows Healthy Cooling Amid Caution
The 29th October 2025 session highlights the crypto market’s natural rhythm rallies followed by cooling phases. With market cap still above $3.7 trillion, the ecosystem remains resilient despite volatility.
Bitcoin’s pullback to $112K is technically a breather rather than a breakdown. Ethereum and major altcoins are adjusting to the new risk sentiment, while stablecoin dominance offers a safety cushion.
The market remains in a short-term correction, long-term accumulation zone a crucial period for disciplined investors.
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