[LIVE] Crypto Markets in Turmoil – Bitcoin Below $108K, Ethereum and Solana Slide, TRX Holds $0.3

16-Oct-2025 Coindoo

After a brief recovery earlier this week following last Friday’s sharp crash, prices are once again in decline, signaling a fragile market sentiment ahead of key political and economic events.

Bitcoin has fallen below $109,000, down nearly 3% in the past 24 hours, as traders brace for renewed volatility.

Ethereum is struggling to stay above $3,870, posting a 3% daily drop, while Solana is down more than 5%, trading near $187.

XRP remains slightly more resilient but still slipped to around $2.35, extending a weekly loss of more than 15%.

Market uncertainty has intensified as investors await a scheduled speech from U.S. President Donald Trump later today, which could influence risk appetite amid growing fears of a potential government shutdown. The crypto market’s downturn follows last week’s violent selloff, when Bitcoin briefly plunged before recovering over the weekend, only to face another wave of liquidations this Thursday.

Stay tuned for live updates as the situation develops — with fresh price movements, whale activity, and key commentary from analysts throughout the day.

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