The post TRAC up +9.95%, BTC -1.32%, DeXe is The Coin of The Day – Daily Market Update for Oct 16, 2025 | CoinCodex appeared on BitcoinEthereumNews.com. Key highlights: The total cryptocurrency market cap decreased from $ 3.86T to $ 3.76T in the past 24 hours, representing a -2.52% change The Bitcoin price at press time is $ 110,951 after falling by -1.32% in the last 24 hours The total crypto trading volume decreased by -2.52% in the past 24 hours, and is currently at $ 494.71B All prices and changes are presented at the time of publication: October 16, 2025, at 06:00 UTC Market Overview The total cryptocurrency market cap is currently $ 3.76T after a -2.52% decrease on the day. The total crypto trading volume declined by -2.52% in the same time frame. Bitcoin is trading at $ 110,951 after seeing a -1.32% loss in the last 24 hours. The Bitcoin dominance grew by 0.49% and BTC currently represents 58.82% of the cryptocurrency market. Top Coins By Market Cap At press time, Bitcoin has a market capitalization of $ 2.21T after losing -1.32% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by October 16, 2025. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page. Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 3,999.84 and has a market capitalization of $ 482.78B. ETH decreased by -2.75% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction. There were also some changes today in the ranking among the top 10 biggest coins by market cap. TRON, which was previously ranked 7, is ranked at 6. Dogecoin, which was previously ranked 6, is ranked at 7. Bears Dominate the Market Today The bears dominated the market today as 82% of coins lost value in… The post TRAC up +9.95%, BTC -1.32%, DeXe is The Coin of The Day – Daily Market Update for Oct 16, 2025 | CoinCodex appeared on BitcoinEthereumNews.com. Key highlights: The total cryptocurrency market cap decreased from $ 3.86T to $ 3.76T in the past 24 hours, representing a -2.52% change The Bitcoin price at press time is $ 110,951 after falling by -1.32% in the last 24 hours The total crypto trading volume decreased by -2.52% in the past 24 hours, and is currently at $ 494.71B All prices and changes are presented at the time of publication: October 16, 2025, at 06:00 UTC Market Overview The total cryptocurrency market cap is currently $ 3.76T after a -2.52% decrease on the day. The total crypto trading volume declined by -2.52% in the same time frame. Bitcoin is trading at $ 110,951 after seeing a -1.32% loss in the last 24 hours. The Bitcoin dominance grew by 0.49% and BTC currently represents 58.82% of the cryptocurrency market. Top Coins By Market Cap At press time, Bitcoin has a market capitalization of $ 2.21T after losing -1.32% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by October 16, 2025. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page. Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 3,999.84 and has a market capitalization of $ 482.78B. ETH decreased by -2.75% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction. There were also some changes today in the ranking among the top 10 biggest coins by market cap. TRON, which was previously ranked 7, is ranked at 6. Dogecoin, which was previously ranked 6, is ranked at 7. Bears Dominate the Market Today The bears dominated the market today as 82% of coins lost value in…

TRAC up +9.95%, BTC -1.32%, DeXe is The Coin of The Day – Daily Market Update for Oct 16, 2025 | CoinCodex

2025/10/18 09:33

Key highlights:

  • The total cryptocurrency market cap decreased from $ 3.86T to $ 3.76T in the past 24 hours, representing a -2.52% change
  • The Bitcoin price at press time is $ 110,951 after falling by -1.32% in the last 24 hours
  • The total crypto trading volume decreased by -2.52% in the past 24 hours, and is currently at $ 494.71B
  • All prices and changes are presented at the time of publication: October 16, 2025, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 3.76T after a -2.52% decrease on the day. The total crypto trading volume declined by -2.52% in the same time frame.

Bitcoin is trading at $ 110,951 after seeing a -1.32% loss in the last 24 hours. The Bitcoin dominance grew by 0.49% and BTC currently represents 58.82% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 2.21T after losing -1.32% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by October 16, 2025. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 3,999.84 and has a market capitalization of $ 482.78B. ETH decreased by -2.75% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

There were also some changes today in the ranking among the top 10 biggest coins by market cap.

  • TRON, which was previously ranked 7, is ranked at 6.
  • Dogecoin, which was previously ranked 6, is ranked at 7.

Bears Dominate the Market Today

The bears dominated the market today as 82% of coins lost value in the last 24 hours.

Today’s Top Gainers are OriginTrail, FTX Token, and Concordium

Thanks to a 9.95% price increase, OriginTrail was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. FTX Token came in second place, with 24-hour gains of 6.52%. Concordium, SuperVerse and DeXe complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Synthetix, Zora, and Aethir

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Synthetix, which saw a loss of -18.40%. Zora also didn’t perform well, as its price declined by -17.51% in the last 24 hours. Aethir, Bittensor and Aster round out today’s top 5 worst performers.

PAX Gold reached new All-Time High after gaining +14.57% in the last month

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

Congratulations to the HODLers!

Coin of the Day is DeXe

Thanks to its impressive 5.05% performance, DeXe is today’s coin of the day! DeXe is currently trading at $ 7.18. Learn more about DeXe and its position in the market on our DeXe price prediction page.

Our technical indicators show that the current DeXe sentiment is Bearish.

Buy/Sell DeXe

Source: https://coincodex.com/article/74848/daily-market-update-for-october-16-2025/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
Crucial Fed Rate Cut: October Probability Surges to 94%

Crucial Fed Rate Cut: October Probability Surges to 94%

BitcoinWorld Crucial Fed Rate Cut: October Probability Surges to 94% The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for Cryptocurrency Markets: The cryptocurrency market, while often seen as uncorrelated, can still react significantly to macro-economic shifts. A Fed rate cut could be interpreted as: Increased Risk Appetite: With traditional investments offering lower returns, investors might seek higher-yielding or more volatile assets like cryptocurrencies. Inflation Hedge Narrative: If rate cuts are perceived as a precursor to inflation, assets like Bitcoin, often dubbed “digital gold,” could gain traction as an inflation hedge. Liquidity Influx: A more accommodative monetary environment generally means more liquidity in the financial system, some of which could flow into digital assets. Looking Ahead: What Could This Mean for Your Portfolio? While the 94% probability for a Fed rate cut in October is compelling, it’s essential to consider the nuances. Market probabilities can shift, and the Fed’s ultimate decision will depend on incoming economic data. Actionable Insights: Stay Informed: Continue to monitor economic reports, inflation data, and future Fed statements. Diversify: A diversified portfolio can help mitigate risks associated with sudden market shifts. Assess Risk Tolerance: Understand how a potential rate cut might affect your specific investments and adjust your strategy accordingly. This increased likelihood of a Fed rate cut presents both opportunities and challenges. It underscores the interconnectedness of traditional finance and the emerging digital asset space. Investors should remain vigilant and prepared for potential volatility. The financial landscape is always evolving, and the significant surge in the probability of an October Fed rate cut is a clear signal of impending change. From stimulating economic growth to potentially fueling interest in digital assets, the implications are vast. Staying informed and strategically positioned will be key as we approach this crucial decision point. The market is now almost certain of a rate cut, and understanding its potential ripple effects is paramount for every investor. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policymaking body of the Federal Reserve System. It sets the federal funds rate, which influences other interest rates and economic conditions. Q2: How does a Fed rate cut impact the U.S. dollar? A2: A rate cut typically makes the U.S. dollar less attractive to foreign investors seeking higher returns, potentially leading to a weakening of the dollar against other currencies. Q3: Why might a Fed rate cut be good for cryptocurrency? A3: Lower interest rates can reduce the appeal of traditional investments, encouraging investors to seek higher returns in alternative assets like cryptocurrencies. It can also be seen as a sign of increased liquidity or potential inflation, benefiting assets like Bitcoin. Q4: Is a 94% probability a guarantee of a rate cut? A4: While a 94% probability is very high, it is not a guarantee. Market probabilities reflect current sentiment and data, but the Federal Reserve’s final decision will depend on all available economic information leading up to their meeting. Q5: What should investors do in response to this news? A5: Investors should stay informed about economic developments, review their portfolio diversification, and assess their risk tolerance. Consider how potential changes in interest rates might affect different asset classes and adjust strategies as needed. Did you find this analysis helpful? Share this article with your network to keep others informed about the potential impact of the upcoming Fed rate cut and its implications for the financial markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Crucial Fed Rate Cut: October Probability Surges to 94% first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 02:25