October 15th 2026, 10:05 AM
Crypto Market Sees $100 Billion Crash as Bitcoin, Ethereum and XRP Plummet
Key Summary
The crypto market experienced a significant downturn on Thursday, with Bitcoin, Ethereum, and XRP plummeting by over 5% and 10.5% respectively. The total market cap shed around $100 billion, with Bitcoin's market cap falling to $1.630 trillion. The decline was attributed to a combination of factors, including inflation concerns and market volatility.
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Market Overview
The crypto market experienced a significant downturn on Thursday, with Bitcoin, Ethereum, and XRP plummeting by over 5% and 10.5% respectively.Market Impact
The total market cap shed around $100 billion, with Bitcoin's market cap falling to $1.630 trillion.Causes of Decline
The decline was attributed to a combination of factors, including inflation concerns and market volatility.Price Movements
Bitcoin plunged to a fresh monthly low of $80,200, while Ethereum went to a two-month low of $2,315.Comparison
In contrast, STRK has pumped by 10% to $0.087, while other altcoins like PUMP, CC, RAY, ENA, LIT, and STX have marked double-digit losses.Market Cap
The overall crypto market cap has shed around $100 billion as of now, falling to $2.710 trillion on CMC.#Bitcoin#CryptoMarket#Ethereum#XRP