[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?

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 …

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%








Bitcoin

Bitcoin
BTC


Price

$110,927.03

1.80% /24h





Volume in 24h


$60.34B



Price 7d



Learn more


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%








Solana

Solana
SOL


Price

$193.33

3.41% /24h





Volume in 24h


$8.49B



Price 7d



Learn more


lost 3.9%, and






XRP

XRP





3.53%








XRP

XRP
XRP


Price

$2.43

3.53% /24h





Volume in 24h


$5.06B



Price 7d



Learn more


declined 2.6%, while






BNB

BNB





4.64%








BNB

BNB
BNB


Price

$1,182.74

4.64% /24h





Volume in 24h


$4.46B



Price 7d



Learn more


 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?

45 minutes ago

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.

The post [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? appeared first on 99Bitcoins.

Allen B. Dickerson

Allen B. Dickerson

Allen B. Dickerson is a blockchain analyst and fintech strategist with over a decade of experience studying emerging markets. Known for his deep dives into cryptocurrency adoption in Africa, Allen brings readers balanced perspectives on regulation, innovation, and market growth. His writing bridges the gap between complex blockchain concepts and everyday financial realities.