Bitcoin

Crypto Price Today: Bitcoin Drops 2.24%, Cardano Crashes 5.28%, Ethereum Slips Below $1.6K

Shivaganesh

Bitcoin Maintains Strength Near $84K as Ethereum and Solana Rally

The crypto market is bleeding red once again, with today's global market cap plummeting 2.22% to $2.63 trillion as of 10:30 am on April 16, 2025. Bitcoin is struggling below $84,000, while Ethereum's price has dipped 3.23%. Amid the chaos, stablecoins like Tether are providing a safe haven with a minor 0.01% gain. 

However, altcoins are bearing the brunt, with Cardano leading the losses with a 5.28% drop, followed by XRP and Solana, which are down over 3%. The market's uncertainty and risk aversion are clear, driven by global economic concerns and looming regulatory changes.

1. Bitcoin (BTC)

Price: $83,703.16
1-hour Change: +0.06%
24-hour Change: +2.16%
7d Change: +9.56%
Market Cap: $1.66T
24-hour Volume: $27.01B
Circulating Supply: 19.85M BTC

Bitcoin remains the undisputed leader in the crypto market, holding firm near $84K. The coin has gained 9.56% over the past week, reflecting positive sentiment. Institutional adoption and long-term investor confidence are contributing to BTC's consistent upward trend.

2. Ethereum (ETH)

Price: $1,591.12
1-hour Change: +0.04%
24-hour Change: +3.10%
7d Change: +10.41%
Market Cap: $192.04B
24-hour Volume: $12.40B
Circulating Supply: 120.69M ETH

Ethereum continues its upward journey, with a 10.41% gain in the last seven days. As the backbone of DeFi and NFTs, ETH remains a favourite for developers and institutional investors alike.

3. XRP (XRP)

Price: $2.08
1-hour Change: +0.05%
24-hour Change: +3.03%
7d Change: +16.19%
Market Cap: $121.69B
24-hour Volume: $3.03B
Circulating Supply: 58.33B XRP

XRP leads the top gainers this week, surging over 16%. It continues to gain popularity in the cross-border payments space, particularly with ongoing discussions about regulation clarity.

4. BNB (BNB)

Price: $583.14
1-hour Change: +0.08%
24-hour Change: +0.90%
7d Change: +6.42%
Market Cap: $83.08B
24-hour Volume: $1.35B
Circulating Supply: 142.47M BNB

BNB holds steady, with a 6.42% weekly gain. As the utility token of Binance, its price often reflects user engagement and the growth of the Binance ecosystem.

5. Solana (SOL)

Price: $126.17
1-hour Change: +0.26%
24-hour Change: +3.77%
7d Change: +19.77%
Market Cap: $65.14B
24-hour Volume: $3.25B
Circulating Supply: 516.28M SOL

Solana is this week's top-performing major altcoin, rising nearly 20%. Known for its high-speed and low-cost transactions, SOL is regaining traction among developers building DeFi and NFT platforms.

6. TRON (TRX)

Price: $0.2529
1-hour Change: +0.20%
24-hour Change: +0.13%
7d Change: +11.52%
Market Cap: $24.01B
24-hour Volume: $599.64M
Circulating Supply: 94.95B TRX

TRON shows healthy performance this week with over 11% growth. With its increasing focus on decentralised content platforms and stablecoin issuance, TRON remains a solid player in the blockchain space.

7. Dogecoin (DOGE)

Price: $0.1550
1-hour Change: +0.02%
24-hour Change: +3.49%
7d Change: +8.93%
Market Cap: $23.08B
24-hour Volume: $773.78M
Circulating Supply: 148.87B DOGE

Dogecoin continues to ride the wave of meme-based momentum, gaining nearly 9% this week. Its growing use in tipping and online transactions adds to its appeal.

8. Cardano (ADA)

Price: $0.6101

1-hour Change: +0.10%

24-hour Change: +5.26%

7-Day Change: +8.79%

Market Cap: $21.53B

24-hour Volume: $725.08M

Circulating Supply: 35.28B ADA

Cardano is sustaining an excellent week, gaining close to 9 percent. With its focus on academic research-oriented and equality-driven sustainable blockchain development, it projects long-term interest in favor of ADA.

9. UNUS SED LEO (LEO)

Price: $9.37

1-hour Change: +0.03%

24-hour Change: +0.66%

7-Day Change: +2.26%

Market Cap: $8.65B

24-hour Volume: $1.98M

Circulating Supply: 923.68M LEO

LEO more or less keeps its stability. The token is used mainly by the Bitfinex platform and, hence, is always somehow in demand as holders aim at earning discounts pertaining to trading fees.

10. Chainlink (LINK)

Price: $12.35

1-hour Change: +0.49%

24-hour Change: +2.86%

7Day Change: +12.63%

Market Capitalization: $8.11B

24-hour Volume: $300.12M

Circulation Supply: 657.09M LINK

Chainlink has gained 12.63% this week and is, thus, making headlines. It is the oracle par excellence that is the intermediary between smart contracts and real-world data. LINK is critical to the functioning of several DeFi applications.

Conclusion

As the cryptocurrency market goes through a phase of consolidation, Bitcoin's dominance is holding strong, while altcoins face steeper corrections. The shift in capital towards Bitcoin and stablecoins may be a strategic move by investors seeking refuge from volatility. Despite the downturn, growing trading volumes indicate robust market participation. For long-term investors, these corrections can present attractive entry points, but caution is warranted. Thorough research is essential before making investment decisions in this volatile landscape.