Crypto Crashing Today : Chinese Stock Market , Nasdaq , Hang Seng Index, Nifty 50 Plunge

In the past 24 hours, the crypto market witnessed a brutal shakeout with over $1 billion in liquidations, including $865 million from long positions. Bitcoin led the crash, plunging sharply from above $83,000 to under $77,000. The sudden drop triggered mass liquidations, impacting over 323,000 traders. Rising global trade tensions and bearish technical setups have amplified market fears, signaling more downside ahead for Bitcoin and the broader crypto market in the coming days.

An Ether whale lost 67,570 ETH (around $106M) after being liquidated on the DeFi platform Sky, formerly Maker, due to a 14% ETH price crash. The investor’s collateral ratio dropped below the required 150% to 144%, triggering liquidation. Another whale is close to liquidation after borrowing DAI against 56,995 WETH. ETH has fallen to $1,547, its lowest since October 2023. Over 320,000 traders were liquidated in 24 hours, totaling nearly $1B, mainly from ETH positions.

​On April 7, 2025, Japan’s financial markets experienced significant turmoil. The Nikkei 225 index plummeted by over 2,000 points, dropping below the 32,000 mark—a decline of approximately 6.67%—reaching an 18-month low of 31,527.49. This sharp downturn triggered the Osaka Stock Exchange’s circuit breaker mechanism, resulting in a temporary suspension of Nikkei 225 and Topix futures trading due to excessive volatility.

​On April 7, 2025, the cryptocurrency market experienced a significant downturn following the Trump administration’s announcement of new global tariffs, which heightened investor concerns about a potential global recession. Bitcoin dropped below $80,000, reaching approximately $79,000—a 5% decline over 24 hours—while Ethereum fell 11% to around $1,590. This sell-off led to over $745 million in bullish crypto positions being liquidated within a day. ​

Bitcoin price USD dropped sharply in the last 24 hours as the crypto market reacted to US President Trump’s continued push for restrictive tariffs. Just weeks after a major rally driven by Trump’s new strategic reserve plan, the market reversed, wiping out over half a trillion dollars in value. This sharp decline triggered massive liquidations, with Bitcoin alone facing $250 million in long positions wiped out, according to CoinGlass data.