On October 16, 2025, the cryptocurrency market witnessed substantial losses across most major digital assets. According to CoinMarketCap, as of 10:30 AM KST, Bitcoin (BTC) experienced a decline of 1.29%, falling to $110,987.76, while Ethereum (ETH) shed 2.14% and dropped to $4,001.35. Other notable cryptocurrencies also suffered losses: XRP declined by 3.09% to $2.41, Dogecoin (DOGE) fell by 2.90% to $0.1973, Solana (SOL) decreased by 3.77% to $194.39, and Avalanche (AVAX) slipped by 2.37% to $21.99. Shiba Inu (SHIB) declined 2.97% to $0.00001035, Aptos (APT) fell 2.24% to $3.54, and Pi (PI) dipped by 2.34% to $0.2095. Meanwhile, Dash (DASH) was the top gainer among major cryptocurrencies, rising 3.21% over the past 24 hours. Aster (ASTER) recorded the steepest decline, plummeting 12.05%. The latest CoinMarketCap data highlights notable altcoins: Quai Network (QUAI) decreased by 1.86% to $0.04381, and Aleo (ALEO) fell by 6.34% to $0.2297. Furthermore, several new cryptocurrencies were listed on CoinMarketCap in the past 24 hours: Long (龙LONG), Pochita (POCHITA), Bitcoin Second Chance (BTC), Tivo Token (TIVO), and OroBit (XRB).