[LIVE] Cryptocurrency Update for October 16, 2025 – Market Continues to Decline; Bitcoin Remains Under $112K, Ethereum Close to $4K as Traders Anticipate New Developments

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[LIVE] Cryptocurrency Update for October 16, 2025 – Market Continues to Decline; Bitcoin Remains Under $112K, Ethereum Close to $4K as Traders Anticipate New Developments

Cryptocurrency prices continued to decline across most sectors, with the overall experiencing a 1.2% decrease in the last 24 hours. However, the AI sector distinguished itself by achieving gains for the second consecutive day, increasing by 4.51% during the same period. ChainOpera AI (COAI) spearheaded the surge, climbing 56.47% following a 25% rise the previous day. In contrast, the leading cryptocurrency Bitcoin () fell by 1.29%, dropping below $112,000, while Ethereum () decreased by 2.60%, settling around $4,000. Other sectors faced continued pressure, with CeFi declining by 1.99%, decreasing by 3.89%, and dropping by 4.74%. Nevertheless, certain tokens such as FTT (+9.79%), TRX (+0.95%), and DASH (+3.83%) were able to withstand the overall market downturn.

What other developments are taking place in today? Keep up with our live updates below.

The post [LIVE] Crypto News Today: Latest Updates for Oct. 16, 2025 – Crypto Market Remains in Red; Bitcoin Stuck Below $112K, Ethereum Hovers Near $4K as Traders Await Fresh Catalyst appeared first on Cryptonews.