Bitcoin Tests $121,000 Support, Ethereum Steadies Despite Market Cool-Off

Oct 8, 2025 - 09:00
Bitcoin Tests $121,000 Support, Ethereum Steadies Despite Market Cool-Off
Bitcoin and Ethereum cooled slightly on Wednesday after hitting fresh highs earlier this week, with BTC trading near $121,000 and ETH around $4,400. Analysts say the pullback reflects healthy consolidation as institutional inflows and macroeconomic cues continue to support momentum. Altcoins also saw mixed moves, with Binance Coin and Solana holding steady while PancakeSwap led the gainers. Experts note that Bitcoin’s $120,000 support remains crucial, while Ethereum’s strength above $4,500 could fuel the next rally.