Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Why is Crypto Crashing Today? Over $800M Liquidated

Share This Post

Crypto Bull Run 2025: What’s Next for Bitcoin and Altcoins?

The post Why is Crypto Crashing Today? Over $800M Liquidated appeared first on Coinpedia Fintech News

Markets crashed on Monday after President Trump announced major new tariffs. China hit back quickly, slapping 34% duties on all U.S. imports starting April 10. The rising tension has investors worried about a full-blown trade war.

The sudden drop comes just a day after reports claimed Bitcoin was breaking away from the S&P 500 and acting more like a safe haven asset. Bitcoin has taken a sharp dive plunging over 10% to below $78,000 after President Donald Trump unveiled sweeping global tariffs. This comes despite his pro-crypto stance, including appointing supportive regulators and backing digital assets. But economic uncertainty is taking a toll on investor confidence, and many are now rethinking their positions as tariffs start to weigh heavily on the crypto market.

In a massive market bloodbath, Bitcoin, Ethereum, Solana, and Dogecoin have plunged 6–12% today. With over $900 million in liquidations, analysts are beginning to question Bitcoin’s reputation as “digital gold” and a safe haven asset.

Bitcoin Down Over 6%

Bitcoin is down 6.9% in the past 24 hours, now hovering at a key support level of $77,500. Trading volume has skyrocketed 220%, topping $44 billion, while BTC’s 24 hour liquidations have hit $322 million, according to Coinglass. With $77,500 acting as a crucial support on the charts, analysts warn that if BTC breaks below this level, a deeper correction could be on the way.

Altcoins Hit Hard, ETH Crashes 13%!

Altcoins are taking a big hit. Ethereum (ETH) has crashed 13.5% to $1,550, now down over 53% this year. Investors fear it could drop to $1,100–$1,300, though whale activity shows some are buying the dip.  

XRP is down 14.5%, falling below $2, with a possible slide to $0.65. Solana has dropped 14% to $102, and Dogecoin is down 16% to $0.143, as the altcoin market faces heavy losses.

Is The Bull Run Over?

Recently, CryptoQuant CEO Ki Young Ju shared in an X post that the bull run is likely over, based on on-chain data. He points to a rising Realized Cap and flat market cap as signs that bears are in control. Ju believes this downtrend could last up to six months, lowering hopes for a quick recovery

Despite the price swings, many long-term investors are staying confident. Bitwise CEO Hunter Horsley noted that as global trust breaks down and doing business across borders becomes harder, Bitcoin’s value as a neutral, decentralized, and borderless asset becomes more important. He remarked that Bitcoin’s place in the world has never been more valuable.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

XRP Price Prediction: Expert Says ‘This Could Be the Next Bitcoin’

The post XRP Price Prediction: Expert Says ‘This Could Be the Next Bitcoin’ appeared first on Coinpedia Fintech News The cryptocurrency market has always been full of surprises — and one coin

Bitcoin Price Looks Upward — Is the Next Leg Higher Starting?

Bitcoin price started a fresh increase and cleared the $103,500 zone BTC is now consolidating and might aim to clear the $105,000 zone Bitcoin started a fresh upward move from the $101,500 zone The

Mastercard Enables Stablecoin Use at 150M Merchants With Moonpay

Mastercard is unleashing stablecoin utility worldwide, enabling real-time crypto-to-fiat spending at 150 million locations through its partnership with Moonpay and API-powered cards Mastercard

XRP News Today: Judge Rejects $50M Settlement Deal, Ripple and SEC to Revisit Court

The post XRP News Today: Judge Rejects $50M Settlement Deal, Ripple and SEC to Revisit Court appeared first on Coinpedia Fintech News Another important update has come in the ongoing legal fight

Ticking Clock To $200K: Bitwise CIO Predicts Bitcoin’s Price Explosion

Bitcoin hovered around $102,600 today after briefly touching $105,000 The dip didn’t shake everyone Many still bet on a major rally According to Bitwise CIO Matt Hougan in an interview yesterday,

Bitcoin Daily RP Yield Signals Strength – Sustainable Growth Expected

Bitcoin is trading just above the $100,000 level after pulling back from its recent high of $105K While the retrace appears healthy, market sentiment is beginning to fracture Some analysts warn of a