Bitcoin Price Update April 16: Dropped Sharply to 62,450 USD

According to Coindesk data, updated as of 11:45 a.m. on April 16, Bitcoin price traded at 62,451.23 USD/BTC, down 3.76% in the past 24 hours. The liquidity of the cryptocurrency with the largest market capitalization is at 96.68 billion USD, an increase of 12.10% compared to April 15. Bitcoin's market capitalization reached 1,230 billion USD, accounting for 52.77% of the total capitalization of the cryptocurrency market.

Key Details About Bitcoin Price

Photo: Coin Desk

The entire market capitalization recorded at 11:54 a.m. was 2,332.53 billion USD, down 4.08% compared to 24 hours ago.

ETH also tended to decrease by 3.20%, trading at 3,033.41 USD/ETH. Accordingly, a series of other cryptocurrencies also tended to adjust in the past 24 hours. DOGE and SOL - other popular cryptocurrencies - are trending down.

At 11:52 a.m., among the 10 cryptocurrencies with the largest capitalization value, up to 8 coins were trending down compared to the previous 24 hours. Accordingly, SOL is the coin with the largest correction trend at 10.85%.