Ah, the tale of Bitcoin, that whimsical beast! Just yesterday, our dear digital currency plummeted by a staggering six thousand dollars—one might say it was on a rollercoaster designed by a madman! With Monday looming like a rogue specter, traditional finance is set to witness a bloodbath that would make Shakespeare weep.
And yet, the altcoins! Oh, the altcoins! They languish in a purgatory of pain, with liquidations ballooning to the impressive figure of $900 million. It’s like watching a parade of marching clowns, only these clowns are sobbing uncontrollably.
Just last Wednesday, Bitcoin soared above a glorious $88,000. But, as fate would have it, financial markets are as dependable as a two-headed coin—often landing on chaos. Thank you, Trump and your so-called ‘Liberation Day’! Your trade wars have conspired to plummet our beloved asset.
During the ensuing days, Bitcoin flirted with $81,200 but teased us with brief glimmers of hope before retreating to more dismal depths. Ah, the weekend was a cruel mistress, ensuring that traders had little to cheer for come Monday’s unholy dawn.
For the duration of that bleak weekend, Bitcoin stumbled around the $83,000-$84,000 range, only to be rudely jolted awake on Sunday evening. By the time the Asian markets rolled in, it had nosedived to a pitiful $77,000—a new monthly low, perfect for raising eyebrows and spirits!
Meanwhile, the altcoins have not only crashed, but they’ve also decided to take a dive off a metaphorical cliff. The largest among them barely scrapes a measly $1,500, marking its lowest point since the days when we still believed in unicorns and $2 XRP.
XRP, that elusive creature, has faded by 12%, burdensome and languishing below the fabled $2 mark. Analysts, those harbingers of doom, whisper of forlorn predictions—could it drop to the abysmal depths of $1.20 or worse? How charming!
Double-digit plummets seem to be all the rage among larger-cap alts like LTC, SUI, TRUMP (yes, he’s here too), and cherished DOGE, each performing their own tragicomic dance of despair.
The liquidation apocalypse continues, with over $900 million vanishing in just 24 hours! Poor traders—nearly 300,000 of them—have been tossed about like rag dolls, while one unfortunate soul watches $16 million slip through their fingers. What a show!
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2025-04-07 06:36