Bitcoin and Ethereum Dip Slightly as Solana and XRP Pull Back — October 16
Crypto market update for October 16, 2025: Bitcoin, Ethereum, Solana, XRP, Dogecoin prices, volumes, and funding rates amid market volatility and investor caution
Bitcoin and Ethereum Slightly Lower as Solana and XRP Retreat — October 16, 2025, 9:30 AM IST
Thursday begins with a marked slowdown in crypto market activity, featuring modest declines across Bitcoin, Ethereum, Solana, XRP, and Dogecoin on sharply decreased volumes:
- Bitcoin (BTC) slips 0.37% to US$112,000 with a volume drop of 35.71% to US$809.29M, funding rate remains neutral at 0%, reflecting cautious sentiment amid market uncertainty.
- Ethereum (ETH) declines 1.42% to US$4,000 as volume falls 35.31% to US$613M, funding stable at 0.02% amid continued investor caution and profit-taking.
- Solana (SOL) falls 3.58% to US$194.02 with volume plummeting 40.29% to US$318.99M, funding at 0.52% indicates speculative positioning amid weakness.
- XRP decreases 2.42% to US$2.423, volume down 33.48% to US$207.26M, funding steady at 0.41%, signaling ongoing cautious trading and potential for rebound.
- Dogecoin (DOGE) drops 2.51% to US$0.197 on volume down 24.95% to US$61.03M, funding rate at 0.51% reveals persistent risk appetite despite price weakness.
Market Perspective
- The sharp volume drop and moderate price declines suggest traders are stepping back cautiously after recent volatility.
- Short-term speculative activity remains visible in funding rates but overall market sentiment appears cautious.
- Solana’s resulting price weakness is tempered by strengthening long-term holder confidence and technical signs of recovery.
- XRP’s heavy institutional selling has led to price stress, but potential relief rallies could emerge as selling abates.
LuwakTech tools provide timely volume, funding, and price trend data to help market participants anticipate recovery zones and manage risks during this cautious phase of market fluctuations.