Bitcoin (BTC) made a sharp comeback and is trading near the $78,000 level. The largest cryptocurrency by market capitalization tumbled below the psychological support of $80,000 after the US stock futures market opened sharply lower on April 6.
Cardano (ADA) has managed to recover from a loss of nearly 18% in the past 24 hours and has now lost 8.6% of its value as the market crashed during the weekend amid Donald Trump's hostile trade policy decisions.
Nearly every major cryptocurrency is down Monday as Trump's trade war batters markets. But Fartcoin keeps drawing (and bewildering) investors.
Bulls are weaker than bears on the first day of the week, according to CoinStats.
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The SHIB burn rate has demonstrated an astounding surge, reaching a seven-digit figure since last morning. Still, the amount of meme coins that got burned is not a mind-blowing one, despite the high growth figure.
The weekend's drop continues on the cryptocurrency market, according to CoinStats.
The week has begun with an ongoing market correction, according to CoinMarketCap.
The crypto market is bearish today, with Bitcoin and most altcoins falling to multi-month lows. This crash has wiped out more than $1.4 billion in open positions, with traders now wondering whether now may be the right time to sell.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are down 5% and 2% respectively as traders cling on to strong fundamental data to deliver a turnaround in the medium term. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1526 $21.6 billion -5.3% -10.7% Shiba Inu (CRYPTO: SHIB) $0.00001128 $6.65 billion -2.2% -6.9% Pepe (CRYPTO: PEPE) $0.056447 $2.7 billion -4.4% -8% Trader Notes: Trader Tardigrade encouraged resilience, saying, "The harder the battle, the sweeter the victory," as Dogecoin retests a key support level from its previous consolidation zone.
The crypto market is facing one of its most violent shakeouts in recent weeks, with major cryptocurrencies like XRP, Solana (SOL) and Cardano (ADA) recording significant losses.
It seems that today, Monday, April 7, everything is happening everywhere at once, just as in the movie "A24" that was released not too long ago.
Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump's tariffs decimated the global stock markets.
Amid the ongoing crypto market crash, investors' eyes are on the best crypto to buy before the conditions recover. This is important as investors anticipate that Donald Trump will approve a zero tax policy once the tariff or trade war ends.
A Dogecoin whale has solidified investors' bearishness this ‘black Monday' by dumping 300 million coins to Binance. DOGE price has lost nearly 15% value in the past 24 hours, stooping to a $0.13 low in sync with broader trends.
The price of the meme coin tanked to its lowest mark in over a year.
Will high bear pressure put overleveraged longs at risk of cascading liquidations?
The cryptocurrency market experienced a staggering $1.42 billion in liquidations over the past 24 hours, driven by a sharp decline in major digital assets following President Donald Trump's tariff policies and a broader market sell-off. What Happened: Bitcoin (CRYPTO: BTC) fell 7.5%, currently trading at around $76,650, while Ethereum (CRYPTO: ETH) dropped 17%, XRP (CRYPTO: XRP) 15%, and Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE) both shed 16%.
Bitcoin plunged below $75,000 early Monday during European trading hours, triggering a broader crypto market sell-off. Major altcoins including XRP, Solana (SOL), and Dogecoin (DOGE) saw sharp losses, extending declines across the sector to nearly 20%.
Shiba Inu (SHIB) is currently trading at approximately $0.00001210, down 1.94% in the past 24 hours. The popular meme coin remains under pressure, hovering near a critical support level at $0.000011.
As the bloodbath in stocks and crypto assets continues, the top layer 1 cryptocurrencies are coming down to critical support. Will this hold, or will the crash persist?
Shiba Inu price has plunged alongside the broader crypto market, with a staggering 10% decline in the last 24 hours. The recent downturn has pushed SHIB to its lowest level since February 2024, despite heightened activity on Shibarium after transactions rose to 1 billion.
"The uncertainty dragged Solana and Ethereum into a steep downtrend," an expert told Decrypt, saying current trading "smells of profit-taking."
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.
Dogecoin (DOGE) investors were in a tough spot over the past few days as the world's largest meme coin witnessed a major setback. To be precise, the DOGE price today dropped by 19%, making it trade at $0.1316 with a market capitalization of over $19.5 billion.
The crypto market is reeling from the aftermath of rising global economic tensions, fears of a US recession, and intensifying trade conflicts. Bitcoin has dropped below $77,000, losing over 10% from its recent high of nearly $90,000. Altcoins like Ethereum, XRP, Solana, and Dogecoin are experiencing even sharper declines, reflecting widespread market unease.
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.
Cardano is taking a massive hit as the crypto market bleeds. With prices crashing over 16% in the last 24 hours, ADA has reached a major support zone.
One of the biggest Cardano (ADA) contributors known for his work in the ecosystem, Sebastien Guillemot, recently revealed a significant donation made by his development crew, dcSpark. The donation, worth $460,000 ADA tokens, represents a $400,000 loan, alongside $60,000 in accumulated interest.
Ethereum, Solana, and other major altcoins took a beating on Monday as the entire crypto market dropped more than 13%, following a big selloff in Asian markets, leading to more than $1 billion in liquidations.
An investment of $1,500 could grow into a respectable amount of money in the right place, but it's not so large that it precludes taking a bit of a risk. On that note, for some investors, Cardano (ADA -15.58%) might seem like an appealing option, as it's riskier than a pick like Bitcoin but nowhere near as risky as some lesser known altcoins.
Dogecoin (DOGE) continues to fluctuate sideways, above the $0.14 support but below the $0.20 resistance.
Cardano (ADA) has faced a sharp price decline amid heightened volatility and widespread liquidations across the broader crypto market. Over the past 24 hours, ADA has shed more than 10% of its value, marking one of its steepest single-day losses in recent months.
Dogecoin's price fell over 50% as trading volume dropped 90% since November 2024, though some analysts predict a potential future surge.
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.
“We expect crypto markets to dip once US markets open,” one trader said.
More depreciation for SHIB. Maybe, but it might not be all bad news for traders.
Dogecoin has seen a major drop in volume since hitting two-year highs back in November 2024. This volume drop has been followed by large declines in the DOGE price, leading to over 50% of the meme coin's value that has been lost in less than six months.
XRP, ADA, DOGE Tokens Drop Below Critical Price Supports Amid 'Economic Nuclear War'
Traders are scrambling to figure out if the sudden bitcoin price correction could escalate into a full-blown market crash
Satoshi street is facing a massive bloodbath with the crypto market crash as global markets react to Trump's tariff war. Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE) prices have plumetted 6-12% today with over $900 million in liquidations in the last 24 hours.
DOGE's extended consolidation suggests accumulation. Can it help reduce short-term volatility?
Cardano (ADA) saw a sharp decline on Sunday, falling 10.26% to $0.5855 by 14:50 ET (18:50 GMT), marking its largest single-day drop since April 6, according to Investing.com data. This significant drop brought ADAs market capitalization down to $20.97 billion, representing approximately 1.10% of the overall cryptocurrency market cap.
Dogecoin (DOGE) is struggling to stay above the $0.16 level, showing increasing signs of weakness despite a relatively stable crypto market. Currently trading at $0.1646, DOGE has dropped over 2.5% in the past 24 hours and continues a downward trend since peaking in February.
Amid ongoing market uncertainty, Shiba Inu continues to inspire confidence in its community. Lucie, a prominent team member, recently shared an uplifting message on social media, urging the SHIB army to remain focused on the projects ambitious roadmap.
After months of steep decline, Shiba Inu flipped green, with a 5.5% gain in the past week. This rising trend has pushed its price above the $0.000013 mark. However, uncertainty tempers the recent excitement.
Though technical and macroeconomic pressures are starting to build, Bitcoin has been maintaining key levels. After several unsuccessful attempts to break above the 200 EMA, which is located around $85,344, Bitcoin is currently exhibiting signs of weakness at $82,870.