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Forex Market Fluctuates: Bitcoin Faces Key Support Threat

10/20/2025

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Story summary
  • On October 20, 2025, the USD/CHF trades near 0.5155 after bearish pressure, with support at 0.5100.
  • The USD/JPY pair remains bullish above 150.00.
  • The GBP/USD is around 1.2702 and faces resistance near 1.2750.
  • Bitcoin trades around $107,800 and could move toward $102,000 if it breaks key support.
  • Ethereum and XRP show bearish momentum, with XRP around $2.38, and the market remains cautious awaiting a catalyst.