Emeren Group Ltd American Depositary Shares, each representing 10 shares (SOL)

The apex cryptocurrency advanced over 4% to $111,210.66, at time of writing, while Ethereum rose 4.5% to $4,058 and XRP gained 5.2% to $2.47.

Bitcoin was the top trending ticker on Stocktwits on Friday morning, followed by MSTR’s stock and Ripple’s XRP token.

October 16, 2025 – The cryptocurrency market has achieved a monumental milestone, with its total market capitalization reaching its highest levels since the bull run of 2021. This resurgence, primarily driven by significant institutional adoption and a more favorable regulatory environment, signals a maturing and increasingly integrated financial landscape for digital assets. The global crypto [...]

Ethereum slipped over 4% to $3,982.13, XRP dipped 6.6% to $2.45, while BNB plunged 10.9% to $3,982.13.

President Trump's "One Big, Beautiful Bill" slashed incentives for solar and wind projects, taking a toll on several stocks in the sector.

According to on-chain analysis firm Glassnode, Friday’s wipeout after Trump’s tariff threat to China triggered the largest futures liquidation in Bitcoin’s history.

Long traders absorbed the bulk of losses at roughly $450 million, while short liquidations totaled about $40 million.

On-chain analytics firm Glassnode said Bitcoin futures open interest remains high, with traders on both sides getting caught in sharp swings as the market undergoes a leverage reset.

Bitcoin was trading at $121,276.67 at the time of writing, while Ethereum dipped to $4,332.97, and XRP fell 0.3% to $2.80, according to CoinMarketCap data.

Meme token Dogecoin saw the steepest decline among the top 10 cryptocurrencies, falling 4.3% in the last 24 hours.

With a market capitalization of about $180 billion, BNB now ranks ahead of XRP, whose value stands at roughly $178 billion.