Bitcoin crashes below $ 92,000, Ethereum, Dogecoin collapses as investors of the Trump pricing war: the analyst reveals if ETH can draw $ 6,000 rebound – Grayscale Bitcoin Mini Trust (BTC) Fractionary municipalities beneficial units not divided (ARCA: BTC)

On Sunday, leading cryptocurrencies saw massive sales as president Donald Trump The tariff war beat the capital markets.

What happened:: Bitcoin was in free fall, crashing below $ 92,000 for the first time since January 13, before recovering at $ 93,000. The main cryptocurrency has lost almost 8% of its value in the last 24 hours.

The rest of the market was affected more severely. Ethereum immersed more than 25% at a lower by almost 3 months, while Mastiff fell 26%.

The market was tough after Trump slapped prices on the main business partnersA decision that could disrupt key supply chains in the North American region and have an impact on economies.

The cryptocurrency market has bleed profusely, meeting more than $ 2 billion in the last 24 hours and more than a billion dollars that have been erased in the past 4 hours.

Bitcoin’s open interest fell 4.72% in the past 24 hours, suggesting a large -scale liquidation of long.

However, the number of merchants betting on the increase in cryptocurrency increased in the last 24 hours, with 66% of binance traders who went on Bitcoin for a long time.

The feeling of “fear” has swallowed up the market, according to reading the Crypto Fear & Greed index, indicating that investors could panic.

The best losers (24 hours)

The global market capitalization of the cryptocurrency amounted to 3.17 billions of dollars, collapsing by 7.92% in the last 24 hours.

Stock term contracts landed on Sunday evening, reflecting the decline in the cryptocurrency market. THE Dow Jones Industrial Middle Tower Diving 498 points, or 1.10%, at 8:38 p.m. EDT. Future linked to S&P 500 Slipped 1.59%, while Nasdaq 100 Futres lost 2.15%.

Investors have prepared for another large week of corporate profits, with mega companies like Alphabet Inc. Googl And Amazon.com Inc. Amzn Setted to report their finances this week.

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Analyst’s remarks: Cryptocurrency popular market commentator Michaël Van de Poppe was not discouraged by the losses of Altcoin and predicted an upward movement in the coming weeks.

“The massive optimistic divergence on Total3 / BTC is still applied. The lowest low has always been created and the continuation of altcoins should arrive in the coming weeks, “said the merchant.

Note that “Total3” corresponds to the total market capitalization of the cryptocurrency excluding BTC and ETH.

Another well-known cryptocurrency analyst, Ali Martinez, underlined the importance of Ethereum supporting the level of support of $ 2,750 to justify a rebound at $ 6,760.

It turned out that the second largest cryptocurrency dropped a lot below $ 2,750, throwing doubt about his positive feeling.