đ¨âUglyâ Monday Crash Warning As Sudden $1.3 Trillion Crypto Price Meltdown Hits Bitcoin, Ethereum, XRP, Solana And Dogecoinđ¨
Bitcoin and crypto prices have fallen sharply, catching up with stocks that plunged in the aftermath of Donald Trumpâs so-called Liberation Day of global tariffs that could become a âcrisis scenario.â
The bitcoin price has plummeted under $77,000 per bitcoin, down more than 10% from its high of almost $90,000 last week. Ethereum, XRP, solana, dogecoin and other major coins have dropped even more sharply, taking the value wiped from the combined crypto market since January to $1.3 trillion.
âBitcoin has recently lost the key $79,000 to $80,000 support level, which it had managed to hold for the past month,â Charlie Sherry, head of finance and crypto analyst at BTC Markets, said in emailed comments.
âThis support level had marked the bottom of the range after the all-time-high pullback. The next key support lies around $72,000, which was the pre-election high.â
The Sunday bitcoin price decline has been outpaced by 15% drops for ethereum, XRP, solana and dogecoin over the last 24 hours.