🔵Within a single day, Bitcoin made a sharp move — surging from $108,300 to $113,900, only to return to previous levels by the morning of October 22. The brief rally coincided with the opening of the U.S. trading session, but investor optimism quickly faded after U.S. President Donald Trump hinted that his upcoming meeting with Chinese leader Xi Jinping might be canceled.
🔵Ethereum mirrored Bitcoin’s volatility, climbing overnight to $4,100 before retreating to around $3,800. The total cryptocurrency market capitalization fell to $3.65 trillion, while the Fear and Greed Index dropped to 25, signaling “extreme fear.” Investors remain cautious, reacting to political uncertainty and heightened market volatility.