Latest Crypto Market Update Oct 24: LIBERTY Rise 200%, MET Dip 15%

Crypto Market Update Today: Fidelity Adds Solana & Trump Latest Stance

Overall Crypto Market Update:

• The global cryptocurrency market cap stands at $3.81 trillion, marking a 1.6% increase in the last 24 hours.

• Daily trading volume reached $154B

• Bitcoin remains the leader with a 57.9% dominance, while Ethereum holds a 12.3% share.

• A total of 19,313 cryptocurrencies are currently being tracked.

Major Crypto Events Today

Source: Forex Factory

24 Hour Crypto Market Update

Bitcoin (BTC) and Ethereum (ETH) Price:

• Bitcoin is currently priced at $110,604, representing a 2.3% rise in the past 24 hours. With $54 billion in trading volume and a $2.2 trillion market cap, BTC continues to dominate cryptocurrency globally.

• Ethereum trades at $3882, soars 1.7% in the last 24 hours, with a $468 billion market cap and $31 billion in trading volume.

Top 5 Trending Coins:

• Meteora (MET) at $0.5808, down 15.5% with trading volume $254M. 

• Aster (ASTER) at $1.13, up 16.8% with TV $792 billion 

• Bitcoin (BTC) at $110604, rises 2.3% with TV $54 billion.

• Solana (SOL) at $192.72 soars 6% with TV $6.4 billion.

• Limitless (LMTS) at $0.2646, surge 8.6% with TV $8.6 million

Top 3 Gainers:

• Torch of Liberty (LIBERTY) Surged 206.7% to $0.05006 with TV $3.07M.

• XPIN Network (XPIN)  Jumped 67.9% to $0.008279 with a $263.16M TV 

• 4 (4) Climbed 64.3% to $0.1452 with a massive TV $108.93M

Top 3 Losers:

• MBG (Multibank Group) token slipped 48.2%, trading at $0.5015, with a total volume of $16M.

• SAROS (Saros) dropped 44.2% to $0.1164, recording a TV of $25M.

• PAPARAZZI (Paparazzi Token) fell 31.6% to $0.02147, with a TV of $650k

Stablecoins and Defi Update:

• Stablecoins hold a market cap of $312 billion with $127 billion in trading volume, representing 0.1% positive change.  

• The DeFi market cap stands at $138 billion, up 2.9% in the last 24 hours, with a trading volume of $8.18 billion. DeFi dominance remains at 3.6%.

Fear and Greed Index Today

Source: Alternative Me

The Fear & Greed Index currently stands at 30, indicating fear in the cryptocurrency sphere. Fear suggests caution or selling pressure, while greed signals optimism and buying activity. 

Compared to yesterday’s 27, sentiment has slightly improved. However, last week reflected extreme fear at 22, showing a gradual recovery. A month ago, the index was at 44 (fear). Overall, the index suggests traders remain cautious amid market uncertainty, awaiting stronger signals before taking new positions.

Latest Market News Today

Clanker Joined Farcaster: Farcaster co-founder Dan Romero announced that Base-based launchpad Clanker has officially joined the Farcaster ecosystem. Clanker revamped its tokenomics — using two-thirds of protocol fees to buy and hold $CLANKER, burning old ecosystem tokens, and locking 7% of its supply in a one-sided liquidity pool to boost stability.

Trump-China Latest News: The White House confirmed that U.S. President Donald Trump will meet Chinese President Xi Jinping next Thursday during the APEC summit in South Korea. This meeting will be their first in-person discussion since Trump’s return to office in January, signaling renewed diplomatic engagement between the two nations.

US Federal Reserve Balance Sheet: The U.S. Federal Reserve’s balance sheet has seen a historic decline, dropping to $6.6 trillion — its lowest since April 2020. As a share of GDP, assets now stand at 21.6%, the weakest since 2020 and below other major central banks, marking a record $2.37 trillion reduction since 2022.

Fidelity added Solana: Fidelity Crypto has expanded its digital asset offerings by adding Solana (SOL) to its supported cryptocurrencies, which previously included Bitcoin, Ethereum, and Litecoin. This update extends across all Fidelity Digital Assets platforms, benefiting retail investors, institutional traders, IRAs, and wealth managers with broader access to blockchain investment opportunities.

Coinbase Listing MET and APR: Coinbase is set to list aPriori (APR) and Meteora (MET) for spot trading on October 23, 2025. Trading pairs APR-USD and MET-USD will go live later today, subject to liquidity. aPriori powers MEV and liquid staking, while Meteora drives dynamic liquidity on the Solana blockchain.

CoinGabbar’s Opinion

The crypto market shows a slight recovery, but fear still dominates investor sentiment, as seen in the 30 Fear & Greed Index. While Bitcoin and Ethereum remain strong, volatility persists with sharp moves in altcoins. It’s wise to stay cautious—avoid heavy investments now, focus on research, and wait for stronger, consistent bullish signals before entering.

Disclaimer: Coingabbar provides informational content on cryptocurrencies, NFTs, and other decentralised assets. This is not financial advice. Users, please DYOR, understand the risks, and consult financial professionals before investing. CoinGabbar is not responsible for any financial losses. Crypto and NFTs are highly volatile—invest wisely.