Market Annihilation: ETH -19%, SOL -18%, XRP -19% – Where’s the Bottom?

• Crypto market crashes Monday (Apr 7), loses $200B+ as tariff fears hit risk assets
• ETH plunges 19 percent below $1.5k, SOL below $100; majors suffer double-digit losses
• Whale liquidations ($77M ETH risk, $213M BTC moved) add fuel; market RSI deeply oversold

Cryptocurrency markets plunged sharply early Monday, wiping billions from the total market capitalization as major altcoins entered deep red territory. Bitcoin (BTC) dropped 9.65% to $75,000, but Ethereum (ETH) suffered a steeper fall, crashing 18.57% to around $1,465.

Why Is the Crypto Market Crashing Hard Monday?

The crash is a direct reaction to renewed recession fears following President Trump’s aggressive global tariff strategy. 

As new levies took effect over the weekend (including rates up to 54% for China) and more loom (Apr 9), panic selling hit risk assets globally. While crypto initially seemed insulated from last week’s $6.5 trillion stock market plunge, that decoupling dissolved during intense selling Sunday night into Monday morning.

How Badly Are ETH, SOL, XRP, ADA, BNB Hit?

The altcoin space saw brutal losses:

• Ethereum (ETH): Crashed 18.57% to ~$1,465, its lowest since Oct 2…

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