Why are Cryptos Crashing Today?
The cryptocurrency market experienced a significant downturn with Bitcoin falling to $76,300 and Ethereum plunging to $1,490. Here's why cryptos are crashing.
Keep up with what's happening in the crypto world in real-time.
The cryptocurrency market experienced a significant downturn with Bitcoin falling to $76,300 and Ethereum plunging to $1,490. Here's why cryptos are crashing.
Cryptocurrency prices sank early Monday (April 7) in Asia, collateral damage in America's trade war. According to a Bloomberg News report, Bitcoin lost around 7% of its value Sunday (April 6) night into Monday morning in Singapore, hitting a low of $77,077.
TL;DR Bitcoin & Altcoins Plummet: Bitcoin plunged below $75K, triggering a market-wide sell-off that erased billions in value. Ethereum, XRP, Solana, and Dogecoin suffered double-digit percentage losses, intensifying investor panic.
Standard Chartered says bitcoin could benefit from rising tariff risks as signs of "U.S. isolationism" begin to shape market sentiment.
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.
Amid all the uncertainty and volatility surrounding global tariffs, it's understandable why many investors may be planning to steer clear of crypto right now. After all, cryptocurrencies -- just like stocks -- are down across the board, with some of them down as much as 50% for the year.
Ethereum (ETH) dropped 19.43% in 24 hours, hitting $1,452. Market cap fell to $175.31B while volume surged 405% to $32.31B.
Jameson Lopp, who leads security at the crypto wallet company Casa, has raised concerns about a scam affecting Bitcoin BTC holders.
The global cryptocurrency market is in turmoil, with its total value dropping to $2.4 trillion, a 10% decline. Bitcoin, the world's top cryptocurrency, has plunged to $74,000, its lowest level in four months. Meanwhile, top crypto analyst Michael van de Poppe warns that more volatility is ahead.
America's changing cryptocurrency landscape could soon bring Tether's stablecoin to the U.S. The company is considering offering a U.S.-only stablecoin, assuming the government brings forth regulations encouraging new entrants to the market, Tether's CEO told the Financial Times (FT) in a report published Monday (April 7).
This move is seen as a major win for the crypto industry. It has been grappling with regulatory uncertainty over stablecoin classification.
A recently spotted Bitcoin (BTC) death cross pattern could herald more losses to come for the leading digital asset.
Network difficulty jumps nearly 7%—the biggest increase since July 2024—driven by an all-time high in hashrate.
During the most recent market downturn, Shiba Inu has suffered greatly, and the data presents a depressing picture: only 5% of SHIB holders are currently making money. Investor sentiment is rapidly deteriorating as the meme coin trades around $0.0000107, and the charts do not provide much short-term respite.
Pepe Coin has quickly gained popularity in the crypto community, riding the wave of growing interest in meme coins over the past few years. As of April 4, 2025, the coin is showing steady growth.
A top TRUMP whale dumps 309K tokens at a $14M loss as Solana memecoins crash and trade war fears trigger broader selloffs.
Tether is considering launching a U.S.-only version of its token if the Trump administration introduces favorable regulations. The post Tether Weighs U.S.-Only Stablecoin Amid Potential Pro-Crypto Trump Regulations appeared first on Cryptonews.
Cryptocurrency exchange Binance has expanded its fiat gateway with Worldpay, allowing users to buy crypto using Apple Pay or Google Pay.
Arthur Hayes, co-founder of BitMEX and CIO of family office Maelstrom, has issued a striking macro thesis: escalating tariff warfare, driven by a reassertion of US trade dominance under Donald Trump, will serve as a catalyst for massive liquidity injections and consequently ignite a prolonged crypto bull market.
Dubai's real estate and crypto regulators have signed a cooperation deal to explore tokenisation in property registration and management.
Pump.fun, the solana-based memecoin launchpad, has reintroduced its live-streaming feature to 5% of users, five months after suspending it due to incidents involving harmful content. Alon Cohen, co-founder of Pump.fun, announced the rollout on X, stating that the platform now includes “industry standard moderation systems in place and transparent guidelines.
The pump.fun meme coin, Trump Derangement Syndrome crypto, plummeted more than 18% following the stock market crash believed to be the result of Trump introducing trade tariffs.
Markets across the globe for all asset classes are seeing levels of panic not witnessed since the March 2020 pandemic-induced crash.
While on the campaign trail, Donald Trump appeared like a dream for cryptocurrency investors, promising that if he is re-elected, the U.S. will become one of the world's most friendly countries regarding digital assets.
