Cryptocurrency Market Drops: Bitcoin, Ethereum Fall on April 16th

Cryptocurrencies experienced a downturn on April 16th, 2025, with major digital assets posting significant declines. CoinMarketCap data reveals that Bitcoin (BTC) fell by 2.47% to $83,538.49, while Ethereum (ETH) dropped by 3.74% to $1,581.16. XRP also saw a notable decline of 3.23%, trading at $2.08. Other leading cryptocurrencies like Dogecoin (DOGE), Solana (SOL), and Avalanche (AVAX) also registered losses. Mantle (OM) emerged as the top gainer on April 16th, surging by 31.55%. Conversely, Pi (PI) experienced the largest drop of 17.82%. The crypto market also witnessed new listings including △BDTCOIN (BDTC), △Ghibli Mubarak (GMUBARAK), and more.