Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13284
Markets: 104636
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13284
Cryptocurrencies
62.52%
Bitcoin Share
Crypto Potato 2025-04-07 08:45:18

Almost $300B Wiped Out of Crypto Markets as Bitcoin Plunged to 5-Month Low (Market Watch)

Almost $300B Wiped Out of Crypto Markets as Bitcoin Plunged to 5-Month Low (Market Watch)

Panic selling amid growing economic fears of Trump’s controversial tariffs accelerated in the past 12 hours, resulting in massive losses for BTC and the altcoins. The cumulative market capitalization of all digital assets dumped to a multi-month low of under $2.5 trillion on CG. BTC Slumps Hard The primary cryptocurrency had a highly volatile trading week last time around as the asset went from $81,500 on Monday to $88,500 by Wednesday. However, Trump’s escalating Trade War and the subsequent responses from countless countries brought back the panic, uncertainty, and fear. BTC started to lose value rapidly, and even though it managed to defend the $80,000 support on a few occasions, it ultimately gave in on Sunday evening. After a relatively quiet Saturday, the asset slumped to a monthly low of $77,000 on Monday morning during the Asian trading session. The landscape worsened in the following hours as the European markets also opened. So far, BTC’s low came at just over $74,000 , which is its worst price tag in roughly five months. However, more volatility is expected later when the US markets open as their futures have plunged violently. For now, bitcoin’s market capitalization has nosedived to $1.5 trillion on CG even though its price has recovered slightly to $76,000. Its dominance over the alts has soared to 60.7% as they have bled out even more severely. BTCUSD. Source: TradingView Alts in Freefall Mode As mentioned above, the landscape around the altcoins is viciously painful. As the graph below will demonstrate, very few have been spared with single-digit price declines, such as BNB. The rest, including ETH and XRP , have plummeted by 15-8%. Cryptocurrency Market Overview. Source: QuantifyCrypto The most significant losses come from the likes of KCS (-22%), LTC (-20%), AAVE (-19%), MOVE (-17.5%), UNI (-17.5%), and many others. This severe crash has erased almost $300 billion from the total crypto market cap in a day, which is now down below $2.5 trillion on CG. The post Almost $300B Wiped Out of Crypto Markets as Bitcoin Plunged to 5-Month Low (Market Watch) appeared first on CryptoPotato .

Most Read News

Market Cap
24h Vol
62.52%
Bitcoin Share
718
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.