Crypto Market Retreats: Bitcoin and Altcoins Dip
- Bitcoin and various other digital currencies experienced a slight decline on the evening of Thursday, October 16th, 2025. The foremost cryptocurrency diminished by approximately two percent, while other digital assets decreased by three to five percent (as of 7 p.m.). The equity market also initiated trading in negative territory. Both the Nasdaq and S&P 500 dropped by around 0.7 percent at the opening bell.
- There aren’t any explicit catalysts for the pullback. However, worries regarding a potential AI bubble burst are mounting within the market. Concurrently, the revived commercial dispute between China and the United States is inciting disquiet. On October 10th, Donald Trump’s declaration of fresh levies sparked the most substantial abrupt dip in crypto’s history.
- The broader economic climate persists in suppressing morale as well. Within the United States, returns on ten-year treasury notes are surpassing 4.8 percent once more, exerting supplementary strain on higher-risk asset categories such as tech equities and virtual currencies. Meanwhile, gold has ascended from one record peak to another, presently priced at $4,200. This phenomenon signals apprehensions among investors concerning monetary instability, alongside being a safeguard against jeopardy.
- The Fear & Greed Index presently registers at 32 points, signifying apprehension. The Altcoin Season Index stands at 29 points, considerably distant from altseason. The overall market valuation totals $3.7 trillion, reflecting a decrease of approximately 3 percent.
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- Cryptocurrency prices | Coinmarketcap