Bittensor (TAO), Aster (ASTER), and PancakeSwap (CAKE) lead top losers across the 100 largest coins by market with 11%-15% dips in the past 24 hours.

While tokens such as DeXe, Dash, and Tron traded in the green, Bitcoin (BTC) dipping to near $110,000 has most altcoins also showing weakness.

The overall market cap has dropped 2.3% to $3.75 trillion. Meanwhile, broader sentiment as shown by the fear and greed index is “fear”, with metric reading 32.

Bitcoin drops to near $110,000 again

Bitcoin (BTC) has once again tested support levels near the psychologically significant $110,000 mark. A slight dip to as low as $110,506 earlier today highlighted the ongoing market turbulence.

The world’s leading cryptocurrency traded just above $111,000 as of writing on October 16, 2025, about 2% down in the past 24 hours. Losses over the week hover at 9%.

Bitcoin’s pullback comes in the wake of last week’s catastrophic liquidation event, where over $19 billion in positions were wiped out across the crypto ecosystem within hours.

As analysts at Santiment have pointed out, some whales have recently dumped BTC.

Santiment

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🐳 Bitcoin’s key whale tier is showing slight signs of profit taking. Wallets holding 10-10K $BTC, which hold 68.68% of the entire supply, have collectively dumped 17,554 coins. These key stakeholders have still, however, accumulated 318,610 $BTC since the start of the year.

9:54 pm · 15 Oct 2025

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