Top Cryptocurrencies Drop; Bitcoin Falls Below $82,000

MT newswire2026/10/16 19:46

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03:46 PM EDT, 10/16/2026 (MT Newswires) -- Top cryptocurrencies fell Friday, with Bitcoin (BTC-USD) dropping below $82,000. The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, declined 1.6% in the past 24 hours. The Nasdaq 100 slumped 2.4%, the S&P 500 fell 1.2%, and the Dow Jones Industrial Average shed 0.5%. Bitcoin fell 1.2% to $81,268.2, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume declined 36% to $27.5 billion. Ethereum (ETH-USD), the second-largest digital asset by market value, dropped 2% to $2,403.1. XRP (XRP-USD) fell 3.5%, BNB (BNB-USD) declined 1.7%, and Solana (SOL-USD) lost 2.6%. Dogecoin (DOGE-USD) fell 1.8%, and Cardano (ADA-USD) slumped 3.3%. The total market value of the cryptocurrency industry fell 1.3% in the past 24 hours to $2.73 trillion, with trading volume dropping 30% to $76.7 billion. Price: 81246.17, Change: -886.06, Percent Change: -1.08

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A survey released by the New York Fed on Friday shows that in October, sales prices for service sector firms increased at the fastest pace since 2022, with input costs remaining robust and supply conditions continuing to deteriorate. Businesses’ pessimism about the commercial outlook has significantly intensified, with the overall business activity index falling by 12 points from the previous month to minus 20.7, marking the weakest reading since March.

华尔街见闻•2026/10/16 22:46