Top Cryptocurrencies Drop; Bitcoin Falls Below $82,000

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