Bitcoin Dips Under $85K; Ethereum, XRP Slide as Crypto Market Shows Weakness

Cryptocurrencies witnessed a dip across the board on April 16, 2025, with Bitcoin notably falling to around $83,880. Following this slight retreat, leading altcoins saw their momentum weaken, marked by a decline in Ethereum and XRP of 3% each while SOL and ADA saw drops of 5%, respectively. This follows a recent market flush that wiped out billions from the cryptocurrency ecosystem.