Crypto Market Correction Deepens: On-Chain Data Points to Capitulation—What’s Next?
October 16, 2025 · 4:18 PM
The crypto market is experiencing a significant downturn, with total market capitalization falling below $3.8 trillion, a nearly 5% decrease in 24 hours. Bitcoin has dropped below $110,000, and Ethereum is now under $4,000. This correction is attributed to global macroeconomic uncertainties, including escalating U.S.–China trade tensions, a strengthening dollar, and rising bond yields.
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