fnny Beta Launches With a Simple Idea: Find an Event, Show Up, Get Rewarded 
Physicists zoom into the birth of cosmic rainstorms with new CERN study 
Who should own the knowledge that underpins AI technology? 
Hawkish Fed Fuels Gold Sell-off: Gold Dives Below $4300 Amidst Rate Hike Fears 
FxWirePro-24-Hour Crypto Category-Based Performance Dashboard 
AI is supercharging money scams – here’s what you can do to protect yourself 
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown 
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it? 
![](https://www.pinterest.com/pin/create/button/?url=https://econotimes.com/1-Billion-Liquidated-Crypto-Black-Monday-Shocks-Investors-1706880/&media=https://www.econotimes.com/assets/images/econotimes/metaDefault.png&description=$1 Billion Liquidated: "Crypto Black Monday" Shocks Investors - EconoTimes)
Add as a preferred source on Google
Crypto Black Monday, April 7, 2025, saw the crypto market crashing, preceded by doubt in the global economy and fueled by President Trump's unexpected announcement of additional tariffs. Bitcoin fell below $80,000, news arriving with bottoms of as low as $75,000, while Ethereum crashed by even more precipitously, down by as much as 20% to as low as $1,449.
Other cryptocurrencies, including Solana, XRP, and Dogecoin, also saw dramatic losses, ranging from 12% to over 20%. The market's fall led to total liquidations of over $1.36 billion, where Bitcoin longs alone contributed over $392 million in losses, indicating unprecedented market tension as leveraged positions were closed involuntarily, sending the prices crashing.
The economic unpredictability introduced by Trump's tariffs put recession concerns to rest globally, triggering a risk-off mood that ran through both mainstream equity and cryptocurrency markets, similar to previous "Black Monday" market crashes. This suggests the vulnerability of the crypto market to overall economic issues and policy issues
