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The Collapse of Cryptocurrency Has Serious Impacts: 5 Cryptocurrencies That Collapsed Within 24 Hours
This week started off quite tough 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 tensions and the fading momentum from previous bullish runs have contributed to the downturn, putting pressure on major assets and altcoins. Bitcoin, Ethereum and XRP are all affected Bitcoin ( BTC ) has fallen below the $84,000 level, currently trading at $83,100. Although the drop is not large, it is enough to shake confidence and suggest the possibility of a further fall. Ethereum ( ETH ) took a heavier hit, losing 4% and dropping below the $1,600 mark to $1,580. This move has wiped out some of ETH's recent recoveries and brought the coin back into bearish territory. Meanwhile, XRP also fell 4%, dangerously dropping close to the $2 threshold once again. After a recent recovery, XRP is now at risk of collapsing if market conditions worsen.
5 Coins in the Crypto Market Have Collapsed Seriously While the major coins struggle, some altcoins have been brutally defeated. Here are the 5 cryptocurrencies with the most losses in the past 24 hours:
MANTRA (OM) leads the collapse with a decrease of 80.19% in just one day, marking one of the steepest declines of the year so far. Read here what happened to the price of Mantra OM, as it seems to have been pulled down. What Will Happen Next After the Collapse of Cryptocurrency? The market adjustment may be temporary—or signal the beginning of a broader pullback. With Bitcoin, Ethereum, and XRP hovering above key support levels, the next 48 hours are crucial. If global trade conflicts continue and investor uncertainty increases, we may witness further losses. On the other hand, any changes towards a solution or bullish momentum could trigger a rapid recovery.