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%.

n and Ethereum Suffer Heavy Losses

The cryptocurrency market has seen a sharp decline since April 5, with an 11.32% drop in value. Over the weekend alone, the market slipped by over 7.16%, as reported by crypto analytics firm.

During the weekend, the cryptocurrency market cap reached as low as 2.46%, compared to the start of April 5, when it stood at 2.65%. This marks a 7.16% drop during the weekend alone.

Further, in the last 24 hours, the cryptocurrency market has declined by no fewer than 12.5%, while almost all the major cryptos saw serious declines.

Among the ones, which have suffered the most, are Bitcoin and Ethereum. As of now, the price of Bitcoin stands at $74,902.53, at least 45.52% below its all-time high.

In the last 24 hours, Bitcoin has declined by nearly 9.5% and Ethereum by over 17.3%.

After the recent price drop, the cryptocurrency market cap now stands at $1.94 Trillion, a decrease of 11.32% since the start of April 5.

The crypto market has seen a sharp decline, with a 7.16% drop during the weekend alone.

In the last 24 hours, almost all the major cryptos have seen serious declines.

The big question is: Is this just panic selling or the beginning of a deeper correction?

The cryptocurrency market has been hit hard in recent times, with a 7.16% drop during the weekend alone.

The cryptocurrency market cap reached as low as 2.46% on April 6, compared to the start of April 5, when it stood at 2.65%.

This marks a 7.16% drop during the weekend alone.

Further, in the last 24 hours, the cryptocurrency market has declined by no fewer than 12.5%,

Almost all the major cryptos saw the impact of the sharp decline in the market.

Among the ones, which have suffered the most, are Bitcoin and Ethereum. As of now, the price of Bitcoin stands at $74,902.53, at least 45.52% below its all-time high.

In the last 24 hours, Bitcoin has declined by nearly 9.5% and Ethereum by over 17.3%.

After the recent price drop, the cryptocurrency market cap now stands at $1.94 Trillion, a decrease of 11.32% since the start of April 5.

Importantly, since the start of April 5, the altcoin market has slipped at least 14.29%, and the market cap of cryptos, excluding the top ten, has plummeted almost 16.47%.

Almost all the prominent altcoins have suffered the impact of the crypto market decline. In the last 24 hours, Ethereum has declined by 17.3%, XRP by 20.5%, BNB by 9.9%, Solana by 17.4%, TRON by 5.7%, Dogecoin by 19%, Cadano by 17.9%, Chainlink by 19.33%, Avalanche by 14.1%, Steller by 19.3%, and Shiba Inu by 14.2%.

According to reports, in the last 24 hours alone, over $840 million worth of long positions have been liquidated.

A liquidation process happens when an exchange forcefully closes a trader’s leveraged position due to the trader’s incapability to meet the margin requirements.

According to reports, no fewer than 86% of futures bets were bullish. This implies that traders were expecting prices to rise.

Data shows that Bitcoin traders and Ethereum traders have lost $322 million and $290 million, respectively, as part of the latest liquidation development. Other major altcoin traders, including XRP traders and SOL traders, have faced a combined loss of over $80 million.

The bloodbath in the crypto market has been caused by global economic instability created by the Trump administration’s aggressive tariff policy.

Almost all the major markets, including the US and Europe, have felt the negative consequences of the so-called “economic nuclear war”, launched by US President Donald Trump.

In the last seven days, the US market has plummeted by over 7.84%, Europe by 7.88%, China by 7.10%, Japan by 13.25%, India by 6.67%, South Africa by 8.70%, and Australia by 6.86%.

In the last 24