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16 Oct 2025
The total cryptocurrency market capitalization has shown a recent decrease.
Bitcoin (BTC): Bitcoin has seen volatility, briefly dipping under the critical $110,000 mark before showing a slight recovery to trade above $112,000 (values are approximate and fluctuate rapidly). The price has been under pressure due to global economic uncertainty and increased risk aversion.
Ethereum (ETH): Ethereum has shown a minor increase, trading around $4,100 (approximate).
Other Major Cryptos: Many other major cryptocurrencies, including BNB, XRP, and Cardano, have experienced recent declines. Solana was noted as one of the few prominent coins showing a slight increase.
Key Drivers: Market sentiment remains somewhat negative, driven by factors like rising US-China tensions and caution regarding potential Federal Reserve interest rate movements.