The crypto market experienced a significant downturn on April 7th, 2025, fueled by the escalating global tariff war. Bitcoin’s price plummeted 10%, shedding over $8,000 from its highs to trade below $74,000. This sharp decline coincides with broad stock market losses, leading to a $300 billion decrease in the overall crypto market cap. Bitcoin’s dramatic fall has left it vulnerable, losing key support around the $81,000 level. While Bitcoin prices have recovered slightly, its price remains significantly below today’s trading high. Leading altcoins like Ethereum (ETH), XRP, and Solana (SOL) experienced double-digit drops, with ETH plummeting to below $1,500 and SOL falling toward the $100 mark. Altcoin performance suggests a collective market impact stemming from increased uncertainty in global financial markets. 10% of Bitcoin’s value dropped today. The volume also surged by 420%, a clear indication of heightened activity as investors reacted to the volatile market. 16.44% decline for ETH, and similar losses were observed in XRP, SOL, DOGE, and ADA. BERA led the top losers list with a 24% drop. Other notable losers included ZEC, MEW, and SAFE, which all saw substantial declines of 22%. Conversely, GRASS saw an unexpected surge of 8% in value. The crypto market continues to be affected by global economic uncertainties, with Bitcoin trading near $77,130 after losing nearly 7% in the past day. CoinMarketCap currently reflects a global market cap of $2.43 trillion, marking a drop of 7.93% over the last 24 hours.