Bitcoin and Ethereum remained under pressure on Oct 23 as renewed selling across cryptocurrency markets weighed on investor sentiment. According to the source material, the selling unfolded amid weakness in global equities and rising geopolitical concerns.

Bitcoin, described as the world's largest cryptocurrency, traded around US$81,200 during the Asian session, down approximately 3.6% over 24 hours. The move followed a retreat from levels above US$84,000.

Ethereum also struggled, falling below US$2,400, according to the source material.