0

[LIVE] Crypto News Today, October 16 – Crypto Crash Continues as Bitcoin Stuck Below $112K, XRP Price at $2.42; Coinbase Lists BNB: What’s the Next Crypto To Explode?

Share

The crypto crash continued on Wednesday as selling pressure intensified across most sectors. The total crypto market cap fell another 1.2% to $3.78 trillion, with fear levels climbing as the Crypto Fear & Greed Index dropped to 32 (Fear). Amid growing uncertainty, traders are already looking for the next crypto to explode once the market stabilizes.

Bitcoin






Bitcoin



Bitcoin





1.80%



slipped 1.29% to stay under $112,000, while Ethereum (ETH) dropped 2.6% to around $4,023. Among top altcoins, Solana






Solana

Solana





3.41%



lost 3.9%, and






XRP

XRP





3.53%



declined 2.6%, while






BNB

BNB





4.64%



 managed a modest 0.6% gain after Coinbase revealed plans to list Binance’s native token for the first time. The announcement caught traders off guard, signaling a surprising truce between two rival exchanges.

Options market data from Greekslive revealed a sharp uptick in bearish sentiment, with over $1.15 billion in Bitcoin put options traded in 24 hours. Most were positioned around the $104K–$108K range, reflecting growing downside expectations. Meanwhile, the average crypto RSI fell to 43, showing most assets remain oversold but without signs of reversal yet.

EXPLORE: 15+ Upcoming Coinbase Listings to Watch in 2025

The Next Crypto To Explode: AI Tokens Defy the Crypto Crash

While most of the market bleeds red, AI-focused crypto have emerged as rare gainers. The AI sector rose 4.51% in the past 24 hours, led by ChainOpera AI (COAI), which surged another 56.47% after jumping 25% the previous day.

COAI’s wild trajectory has become one of the most talked-about stories of 2025. After a chaotic airdrop launch, the token rocketed from $0.21 to $48 in just 17 days, a 228x rise, before crashing more than 80%. Now, it’s back above $23 with a $4.3B market cap, sparking debates over whether this is manipulation or genuine AI-driven growth.

Even with controversy surrounding its tokenomics and transparency, COAI’s rebound shows traders are still hunting for the next crypto to explode — and for now, the AI sector remains the only bright spot amid the ongoing crypto crash.

EXPLORE: Binance $400M Compensation Fund Launched After Flash Crash – New Crypto to Buy To Make It Back?

According to Financial Times: Trump Family Earns Over $1B in Crypto Ventures, Memecoin Boom, DeFi and Stablecoin Plays

Fatima

By Fatima

A Financial Times investigation reveals U.S. President Donald Trump and his family raked in more than $1 billion in pre-tax profits over the past year from crypto-related ventures spanning trading cards, meme coins, DeFi, tokens, and stablecoins.

Their crypto empire included the TRUMP and MELANIA coins, which together generated about $427 million in sales and transaction fees. In parallel, the World Liberty Financial (WLFI) token sales brought in around $550 million. Their USD1 stablecoin also recorded a massive $2.71 billion in sales during this period.

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon

Follow 99Bitcoins on your Google News Feed

Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!

Subscribe now

Fatima

Fatima is a rising crypto journalist with a sharp eye for hidden gems and technical analysis. When she’s not charting the next big breakout or diving into onchain data, a firm believer that alpha is where you least expect it,…
Read More


#LIVE #Crypto #News #Today #October #Crypto #Crash #Continues #Bitcoin #Stuck #112K #XRP #Price #Coinbase #Lists #BNB #Whats #Crypto #Explode