Breaking News

16 Oct 2025

Cryptocurrency divergence: Bitcoin trades at $110,000

Cryptocurrencies were mixed during Thursday's trading, with Bitcoin declining due to escalating trade tensions between the world's two largest economies, which led to investor risk aversion.

Bitcoin fell 0.65% to $110,626 at 11:10 AM Mecca time, accounting for 58.7% of the cryptocurrency market capitalization.

Ethereum rose 0.25% to $4,002.05, Ripple rose 0.35% to $2,407, and Dogecoin rose 0.25% to $19.72.

The G20 Financial Stability Board warned of significant gaps in countries' attempts to regulate cryptocurrency markets, which could harm financial stability.

According to today's assessment by the board, financial stability risks remain limited at present but are on the rise amid the rising price of Bitcoin and other cryptocurrencies

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