# Bitcoin Gains 1.87% as Crypto Market Capitalization Falls 0.89% By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/33550 Published: 2026-10-16T22:58:20.000Z Updated: 2026-10-16T22:58:20.000Z Section: Investing > Ether led the six major assets, rising 4.80% to $2,463. Liquidations on Binance, Bybit and OKX totaled $228.7 million. Bitcoin (BTC) rose 1.87% to $82,071 by 9 a.m. ET (13:00 UTC) Friday, Oct. 16, while crypto market capitalization fell 0.89% to $2.78 trillion in a mixed market snapshot. The reading followed [Thursday’s sharper market decline](), when capitalization was down 6.31% to $2.71 trillion. At the latest reading, Bitcoin represented 59.2% of total crypto market value and Ether accounted for 10.8%. All six major assets gained over the 24 hours through 9 a.m. ET. Ether (ETH) led, rising 4.80% to $2,463. Solana (SOL) gained 3.85% to $105.64, XRP (XRP) rose 2.85% to $1.34, Dogecoin (DOGE) advanced 2.68% to $0.0817, and BNB (BNB) added 1.46% to $728.36. Among the top 39 assets, Arbitrum (ARB) was the top performer, up 15.80%. Monero (XMR) was unchanged, with a 0.00% change. Liquidations across Binance, Bybit and OKX reached $228.7 million over 24 hours. Long positions accounted for $93.2 million and short positions for $135.4 million. ## Links in this article - [Thursday’s sharper market decline](https://www.tokenpost.com/news/investing/32643)