Crypto Market Sees Broad-Based Decline on October 12th

The cryptocurrency market experienced a decline across most major digital assets on October 12, 2025, as recorded by CoinMarketCap. Bitcoin (BTC) saw a decrease of 1.89% to $110,312.15, while Ethereum (ETH) dropped 2.28% to $3,729.03. XRP, Dogecoin, Solana, Avalanche and Shiba Inu also experienced notable declines. On the other hand, Zcash (ZEC) showed the biggest percentage gain, surging by 20.74%, as noted on CoinMarketCap’s data. A look at CoinMarketCap reveals that Ethena (ENA) saw the steepest decline with a 21.87% drop. Notably, Quai Network (QUAI), Aleo (ALEO), and new cryptocurrencies △SF (STORM) and △Knuxx Bully of ETH (KNUXX) also experienced notable movements within the past 24 hours.