Understanding what happened to stocks today is crucial for anyone tracking financial markets or considering investments in crypto assets. Today’s stock market saw notable movements, influenced by macroeconomic data and global events. This article breaks down the main drivers behind these changes, highlights their impact on related markets like Bitcoin, and provides actionable insights for Bitget users.
As of October 24, 2025, major U.S. stock indices—including the S&P 500, Nasdaq, and Dow Jones—closed at new all-time highs for the third consecutive session (Source: TradingView). This upward momentum followed the release of the September Consumer Price Index (CPI) data, which showed headline inflation at 0.3% month-over-month and 3.0% year-over-year, both slightly below analyst expectations. The core CPI, excluding food and energy, dropped to 0.2% monthly and 3.0% annually, marking a three-month low.
These figures suggest inflation is cooling, increasing the likelihood of a Federal Reserve interest rate cut at the upcoming meeting. According to Polymarket, the probability of a rate cut rose to 97% after the CPI release. Historically, rate cuts have supported both equity and crypto markets, as lower borrowing costs can boost risk appetite and liquidity.
Several key factors contributed to what happened to stocks today:
It’s important to note that while today’s news was not entirely negative, the rapid rise in equities may signal a temporary overextension, increasing the risk of a short-term pullback.
The interplay between stocks and cryptocurrencies was evident today. As equities surged, Bitcoin and other digital assets faced downward pressure, partly due to liquidity migration and forced liquidations in leveraged positions. For example, Bitcoin’s price dropped below $111,300 during a cascade of liquidations before recovering above $113,000 (Source: TradingView).
Despite this volatility, the medium-term outlook for Bitcoin remains supported by strong fundamentals, such as growing institutional adoption and robust on-chain activity. However, short-term price movements may continue to be influenced by speculative flows and macroeconomic events.
For Bitget users, staying informed about cross-market dynamics is essential. Monitoring both stock and crypto trends can help you better understand potential risks and opportunities. Bitget provides advanced tools and real-time data to support your trading decisions in this rapidly evolving environment.
Many new investors believe that stock and crypto markets always move in tandem. In reality, correlations can shift quickly based on macroeconomic factors, liquidity conditions, and investor sentiment. Today’s events highlight the importance of:
Bitget offers educational resources and risk management features to help users navigate these challenges effectively.
Today’s market movements underscore the interconnectedness of global finance. By understanding what happened to stocks today, you can make more informed decisions in both traditional and digital asset markets. For the latest insights, trading tools, and secure access to crypto markets, explore Bitget’s platform and stay ahead of the curve.