Trump Responds to Stock Market Crash: Suggests He Did It "On Purpose," Encourages American People to "Hold Strong"

On April 7th, based on 8marketcap data, with the ETH price dropping below $1500, its market capitalization has witnessed a rapid decline in the global asset market capitalization ranking. Currently, it has fallen out of the top 80 in the global asset market capitalization ranking and is now in the 84th place.

On April 7th, based on HTX market data, Bitcoin dropped below $75,000 and is currently trading at $74,749, with a 24-hour decrease of 10.14%.

On April 7th: According to Amberdata, a whale having a balance of 57,000 ETH was on the verge of liquidation and only decreased its position in the final 10 minutes prior to liquidation. An hour and a half earlier, it sold 3,920.8 ETH to convert it into 5.775 million DAI for repayment. The whale's remaining 53,000 ETH position has now brought down the liquidation price to $1495.

On April 7th, according to HTX market data, SOL briefly fell below $100, experiencing a 24-hour decrease of 16.89%.

On April 7th, based on HTX market data, Bitcoin dropped below $76,000, experiencing a 24-hour decline of more than 9%.

On April 7th, based on Coinglass data, if Bitcoin drops beneath $74,000, the cumulative strength of long liquidation in mainstream CEX will reach 533 million. Conversely, if Bitcoin exceeds $78,000, the cumulative strength of short liquidation in mainstream CEX will reach 600 million. BlockBeats Note: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster to adjacent liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what degree reaching a certain price level will have an impact. A higher "liquidation bar" indicates that when the price reaches that level, it will trigger a more intense reaction due to a liquidity cascade.