Crypto Price Analysis 4-16: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, ALGORAND: ALGO, BITTENSOR: TAO, ARBITRUM: ARB, INTERNET COMPUTER: ICP
2025-04-16
The crypto market tanked over the past 24 hours, with the market cap declining almost 3% to $2.63 trillion as bearish sentiment returned. bitcoin (btc) peaked at a local high of $86,397 before investors began booking profits. As a result, the flagship cryptocurrency slipped below $85,000, falling to a low of $83,211 before registering a marginal recovery and moving to its current level.