Crypto Crash Hits Hard: 5 Cryptos That Collapsed in 24 Hours
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Crypto Crash Pulls Market Down 3% in 24 Hours
This week started rough for the crypto market, with a 3% drop in just one day. Red dominated the charts as traders scrambled to reassess their positions. Ongoing global trade tension and cooling momentum from previous rallies contributed to the downturn, putting pressure on major assets and altcoins alike.
Bitcoin, Ethereum, and XRP All Take a Hit
Bitcoin (BTC) slipped below the $84,000 mark, now trading at $83,100. While the dip isn’t massive, it’s enough to shake confidence and hint at possible further downside.
Ethereum (ETH) took a heavier blow, losing 4% and dropping under the $1,600 line to $1,580. This move erased some of ETH’s recent recovery and placed the coin back in bearish territory.
Meanwhile, XRP also dropped by 4%, falling dangerously close to the $2 threshold again. After its recent rebound, XRP now risks a breakdown if market conditions worsen.
Total crypto market cap in USD over the last 24 hours - TradingView
Top 5 Cryptos That Crashed Hard
While the majors struggled, some altcoins took a brutal beating. Below are the top 5 crypto losers from the past 24 hours:
| # | Name | Price | 1h % | 24h % | 7d % | Market Cap | Volume (24h) | Circulating Supply |
|---|---|---|---|---|---|---|---|---|
| 1 | MANTRA (OM) | $1.24 | +33.26% | -80.19% | -78.91% | $1.21B | $1.62B | 1.49B OM |
| 2 | Movement (MOVE) | $0.2992 | +1.05% | -12.74% | -6.48% | $733M | $93.6M | 312.4M MOVE |
| 3 | Walrus (WAL) | $0.4563 | +0.05% | -11.59% | -0.55% | $585M | $52M | 113.99M WAL |
| 4 | EOS | $0.6090 | +0.46% | -11.41% | +17.53% | $949M | $271M | 446.95M EOS |
| 5 | Ethena (ENA) | $0.3078 | +0.19% | -11.08% | -11.26% | $1.71B | $132M | 429.93M ENA |
MANTRA (OM) led the collapse with an 80.19% crash in a single day, marking one of the most dramatic drops of the year so far. Read here what happened to Mantra OM price, as it might seem to have been rug-pulled.
What’s Next After the Crypto Crash?
The market correction could be temporary—or signal the start of a broader pullback. With Bitcoin, Ethereum, and XRP teetering on key support levels, the next 48 hours are crucial.
If global trade conflicts continue and investor uncertainty grows, we might see further losses. On the other hand, any shift toward resolution or bullish momentum could trigger a quick bounce.
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