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XRP stood out among altcoins with a 3% fall and landed at $2.34. Crypto.com Coin (CRO) closed at $0.08 after a 2.7% shift. Solana (SOL) fell 2.2% to $131.42. Meanwhile, Binance Coin (BNB) also had a quiet day, hovering at $604.65.
In a broader context, Ethereum (ETH) faced strong headwinds, slipping 10.2% over the past seven days.
Overall, the market reflected bearish sentiment, as multiple assets decreased in value.
Alison Jimenez, president of Dynamic Securities Analytics, said that the focus on Bitcoin ATMs overlooks the fact that most cryptocurrency scam losses occur via exchanges.
Chuck Callesto, a political strategist and founder of Star Political, expressed his support for President Trump's pardon of Changpeng "CZ" Zhao.
Carlos Domingo, CEO of Securitize, said that the company is facilitating crypto investors' access to on-chain real-world asset information without the need for coding or blockchain explorers.
Changpeng Zhao, founder of Binance, commented on DeepSeek's reported success in artificial intelligence trading, highlighting potential market effects and the likelihood of increased research and activity.
Vitalik Buterin, co-founder of Ethereum, has said that Polygon and Sandeep Nailwal have significantly advanced the ecosystem.
Binance announced on its website that it has updated the annual percentage rate (APR) for USDe on Binance Earn, offering a 7% flexible rate for eligible users from October 22 to October 30 (UTC).
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