Bitcoin, Ethereum, XRP, Dogecoin Dip as Investors Await Kevin Warsh's Interest Rate Moves: Analyst Sees 'Interesting Week' Ahead for BTC
Aniket Verma 1 week ago
MarketsCryptocurrency
Leading cryptocurrencies declined overnight on Sunday, October 25, as investors assessed the likelihood of interest rate cuts and monitored geopolitical developments.
Leading cryptocurrencies declined overnight on Sunday as investors assessed the likelihood of interest rate cuts and geopolitical developments.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:27 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -1.0% | $80,082.97 |
| Ethereum (CRYPTO: ETH) | -1.4% | $2,327.61 |
| XRP (CRYPTO: XRP) | -0.30% | $1.30 |
| Solana (CRYPTO: SOL) | -0.90% | $101.34 |
| Dogecoin (CRYPTO: DOGE) | -0.90% | $0.077 |
The Late Sunday Dip
Bitcoin dropped below $80,000 and Ethereum hovered in the low $2,300s as the cryptocurrency market waited for fresh momentum.
Roughly $120 million in positions were liquidated in the cryptocurrency market over the past 24 hours, of which $82 million came from long positions, according to Coinglass data.
Bitcoin’s open interest fell 1.29% over the last 24 hours and down 4% over the last month. Retail and whale derivatives traders on Binance were bullish on Bitcoin, with Long/Short ratios of over 1.
“Neutral” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
| Cryptocurrency | Gains +/- | Price (Recorded at 9:27 p.m. EDT) |
| Pyth Network (PYTH) | +6.10% | $0.0753 |
| Ethena (ENA) | +5.40% | $0.2062 |
| Rain (RAIN) | +5.00% | $0.008632 |
Big Decision on Interest Rates Ahead
Stock futures traded mixed Sunday overnight. The Dow Jones Industrial Average Futures rose 37 points, or 0.07%, as of 9 p.m. EDT. Futures tied to the S&P 500 gained 0.04%, while Nasdaq 100 Futures dipped 0.05%.
Traders are awaiting the Federal Reserve’s decision on Wednesday. The CME FedWatch tool indicates a 90.6% chance that the Kevin Warsh-led central bank will leave the rates unchanged at the current 3.75% to 4% target range.
The market remained on edge after reports suggested that the U.S. is planning a major strike on Iran once the midterm elections end.
‘Interesting Week Coming Up’
Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, discussed Bitcoin’s recent liquidity sweep on the daily chart and warned of further correction if the cryptocurrency fails to form a higher high.
Van De Poppe warned that another sweep could drag Bitcoin below $75,000, potentially erasing the current uptrend.
“Interesting week coming up,” the analyst remarked.
The #Bitcoin sweep did happen, and I really want to see a higher high being made.
— Michaël van de Poppe (@CryptoMichNL) October 25, 2026
If that doesn't happen, we'll sweep the low again (although we've seen a relatively strong bounce up from there).
The worry: if that sweep comes, there's nothing stopping it from wicking <$75,000… pic.twitter.com/M08vaMw91C
Van De Poppe also weighed in on Ethereum, highlighting potential for a rebound if a higher low forms and price breaks above $2,370.
“If there’s no sign of buying pressure, the second level is one to monitor, which is around $2,200. That must hold,” he added.
First level was hit on $ETH.
— Michaël van de Poppe (@CryptoMichNL) October 25, 2026
If there's a higher low created (similar to #Bitcoin) and it could break above $2,370, we might be in for some period of reversal.
If there's no sign of buying pressure, second level is one to monitor, which is around $2,200.
That must hold. pic.twitter.com/2qFbCnNvA9
Photo Courtesy: Phongphan via Shutterstock.com