The wider crypto market continued with bearish sentiment as the New York traders began their new week. Bitcoin (BTC) price has been forming a rising wedge in a falling market, signaling further capitulation during the day, potentially towards $70k. Moreover, the heavy liquidation of long crypto traders, amounting to around $1.
"The uncertainty dragged Solana and Ethereum into a steep downtrend," an expert told Decrypt, saying current trading "smells of profit-taking."
TL;DR Ethereum drops 15% to the $1,500 range: Market volatility intensifies as whales swing between panic selling and quick dip buying. Massive DeFi liquidations triggered: Over $1.1 billion in ETH faces forced sell-offs on various lending platforms.
As the crypto market faces significant selling pressure in the early Monday session, Dogecoin cofounder Billy Markus — better known by his X (formerly Twitter) handle, Shibetoshi Nakamoto — has broken his silence with a characteristically witty yet thought-provoking post.
Digital asset investment products saw $240 million in outflows last week, marking a sharp reversal in sentiment. Bitcoin-based products accounted for most of these losses, registering $207 million in outflows, according to CoinShares' latest weekly report.
A well-known whale that shorted Ethereum (ETH) on Hyperliquid is now returning with a 20X leveraged long position, betting on an ETH price recovery.
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Ethereum has extended its downtrend, setting fresh lows around $1,400 — a level not seen since early 2023. The continuation of selling pressure has shaken market sentiment, with many investors fearing that the worst is still ahead.
Ethereum (ETH) dropped 19.43% in 24 hours, hitting $1,452. Market cap fell to $175.31B while volume surged 405% to $32.31B.
A top TRUMP whale dumps 309K tokens at a $14M loss as Solana memecoins crash and trade war fears trigger broader selloffs.
Bitcoin and other major cryptocurrencies endured steep losses as global financial markets reeled from escalating trade tensions. The post BTC, SOL, XRP Drop 20% — Billionaire Bill Ackman Calls for 90-Day Pause on Trump's Tariffs appeared first on Cryptonews.
Ethereum has dropped about 20% over the past 24 hours, falling below $1,500 for the first time since March 2023. Ethereum (ETH) is trading at $1,476 at the time of press, having recorded a 24-hour high of $1799.
ETH whales have been diligent in topping up wallets, but a flash crash could rile the market.
7 Siblings whale purchased over $42 million worth of Ethereum in the last 12 hours. Whales are leveraging the market dip and accumulating Ethereum in unprecedented ways.
XRP price is staging resilience in the broader market, as the sustained selloff from Trump's reciprocal tariff announcement is still biting risk assets.
Over the past 24 hours, $XRP has taken a tremendous hit. It has dropped by over 22% from its $2.14 high to its current $1.65 level.
SOL fell below $100 for the first time since February 2024 and is now ranked 7th in market cap with a $52.17 billion valuation.
With an abrupt sell-off, XRP has fallen over 11% in the last day and broken through its 200 EMA support level at $1.19. The asset is currently trading below $1.70, indicating a very bearish reversal and raising the prospects of adding a zero — a term used in the cryptocurrency community to describe a sharp decline in price to a lower decimal threshold.
XRP has lost more than $20 billion in market capitalization in the past 24 hours, per data retrieved by Finbold from CoinMarketCap.
Ripple (XRP) remains at the forefront of cryptocurrency discussions, as rising optimism about regulatory clarity and innovative payment solutions could propel its price to $10 in the coming weeks. Ripple's integration of its RLUSD stablecoin is bolstering its ecosystem, making XRP a favorite among both retail and institutional investors.
Solana (SOL) fell sharply in the past 24 hours, dipping below the psychological $100 threshold as broader market uncertainty triggered heavy sell pressure. According to CryptoSlate data, SOL slid more than 15% during the reporting window, briefly touching $96 before recovering to around $101 at press time.
An unidentified cryptocurrency whale injected millions of dollars in emergency capital to avoid a potential liquidation of more than $300 million in Ether as markets slumped amid renewed macroeconomic pressure.The whale is reportedly close to liquidation on a 220,000 Ether (ETH) position on MakerDAO, a decentralized finance (DeFi) lending platform. To stave off liquidation, the investor deposited 10,000 ETH — worth more than $14.5 million — and 3.54 million Dai (DAI) to raise the position's liquidation price, blockchain analytics firm Lookonchain said in an April 7 post on X.
Amid the growing trend of real-world asset (RWA) tokenization, industry heavyweights like Ripple CEO Brad Garlinghouse and XRP lawyer John Deaton weigh in on the matter. While commenting on the potential tokenization of RWAs, the XRP lawyer expressed his thoughts on Bitcoin and crypto.
David Schwartz, the CTO of blockchain payments firm Ripple Labs Inc., has reacted to CNBC broadcaster Jim Cramer's market commentary. Different market reactions have followed the ongoing global sell-off on the stock market, which removed over $5 trillion from the S&P 500 in two days over the past week.
The crypto market is in a state of chaos as Ethereum takes a major hit. In the past 24 hours, ETH has dropped over 14%, currently trading around $1,547. This steep decline comes amid broader market turbulence triggered by U.S. tariff measures and other economic uncertainties.
Global financial markets suffered a severe beating after US President Donald Trump made a sweeping tariff declaration, with cryptocurrency XRP being one of the assets that recorded sharp price falls. The digital currency dropped from $2.20 to $1.75 during widespread selling pressure in both conventional and crypto markets.
Assessing altcoins' next move amid renewed Trump tariff fears and macro uncertainty.
There haven't been many dull moments in the cryptocurrency industry lately. The Trump administration took over in January, and there has been a monumental pivot to a much more pro-cryptocurrency approach.
Dogecoin (DOGE) continues to fluctuate sideways, above the $0.14 support but below the $0.20 resistance.
Solana has fallen below $100 to a 14-month low after a 20% crash, with technical indicators suggesting potential recovery if it can reclaim key support levels.
XRP, the fourth-largest cryptocurrency by market cap, has plunged to $1.65, its lowest level since November 2024, losing nearly 30% in the past month. The broader market is also on edge, with fears of a U.S. trade war sparking sell-offs across stocks and risky assets.
Ethereum (ETH) faced more price pressure from a series of liquidations and panic sales. At the same time, long-term holders are still buying ETH to lower their average price, with the Seven Siblings wallet buying at around $1,700.
XRP dropped to its lowest mark since November 2024.
Ethereum price crashed 14% below $1,600, triggering a $106 million whale liquidation as the broader crypto market lost $160 billion.
The European market opened Monday, April 7, with a similar bearish trend as the Asian market. With a similar choppy trend expected later today after the New York stock exchanges open, the crypto market has fallen in line with a 12 percent decline in its total valuation to about $2.
Ripple believes the UK has the potential to become a global crypto leader if it acts swiftly to implement clear and comprehensive regulations.
The crypto market has crashed, leading to a $1.5 trillion wipeout, with the total market cap of all coins plunging to $2.37 trillion. Bitcoin dived to $75,000, while Ethereum plunged to $1,445.
Solana price is in a freefall today, April 7, after crashing by 18% to drop below $100 for the first time since February 2024. SOL has posted an over 60% decline since mid-January, with traders now concerned about how much further Solana will drop and whether a sub-$90 dip is on the horizon.
Dogecoin's price fell over 50% as trading volume dropped 90% since November 2024, though some analysts predict a potential future surge.
ETH has dropped 16% today, now trading at near $1,500, a level last seen in January 2018, sparking debate around its “ultrasound money” status.
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The amount of Ethereum available on exchanges has just dropped to its lowest level since 2016. A strong signal, as on-chain movements trigger growing interest among analysts looking for leading indicators.
Amidst a broader crypto market crash, the Dogecoin price is down more than 20% in the last 24 hours. Yet crypto analyst Kevin, who posts under the handle @Kev_Capital_TA on X, has reiterated his stance that Dogecoin still holds a critical “bull market line” and builds momentum higher if broader market conditions improve.
The ‘Black Monday' stock market crash has adversely impacted the crypto markets; while the Bitcoin price plunged below $75,000, Ethereum lost $1500 after holding for more than 24 months. The panicked investors trigger a massive sell-off while the big whales have begun to liquidate massive amounts of ETH.
Since the start of April 5, the cryptocurrency market has dropped by approximately 11.32%. During the weekend alone, the market slipped by over 7.16%. In the last 24 hours, almost all the top cryptos have seen serious declines. Bitcoin has plummeted by over 9.5%, Ethereum by 17.3%, XRP by 20.5%, BNB by 9.
“We expect crypto markets to dip once US markets open,” one trader said.
Ethereum price has broken below a key support level, with substantial drops in its DeFi and ETF performance underlining a weak standing.