Crypto Market Takes a Hit: Bitcoin and Ethereum Plunge

The cryptocurrency market experienced a significant downturn on April 7, 2025, with prominent digital assets registering substantial losses. CoinMarketCap data reveals that Bitcoin (BTC) dropped by 7.76% to reach $76,969.98, while Ethereum (ETH) plummeted 14.16% to settle at $1,552.05. XRP and Dogecoin also experienced substantial declines, with XRP falling 15.28% to $1.80, and Dogecoin shedding 14.96% to trade at $0.1424. Other major cryptocurrencies followed suit, with Solana (SOL) down 14.35%, Avalanche (AVAX) dropping 7.70%, Shiba Inu (SHIB) decreasing 9.52%, and Aptos (APT) falling 12.10%. Pi (PI) also saw a notable decline of 13.58% to $0.5653.