Why Is Crypto Down Today? – October 16, 2025
Yahoo Finance·2025-10-16 10:49
The crypto market is down today, with the cryptocurrency market capitalization decreasing by 1.4%, rising to $3.88 trillion. Of the top 100 coins, 93 have dropped over the past 24 hours. At the same time, the total crypto trading volume is at $194 billion. TLDR: The crypto market capitalization is down by 1.4% on Thursday morning (UTC); 93 of the top 100 coins and 9 of the top 10 coins are down; BTC is down 2.2% to $110,774, and ETH fell 4.4% to $3,993; The drop below the $117,000–$114,000 cost-basis zone ...