Cryptocurrency Price Today (April 7): Bitcoin Dips Below $77,000 For The First Time In 2025 As Trump Tariffs Wreak Havoc
Bitcoin (BTC), the world’s oldest and most valued crypto, saw a major loss and dipped below the $77,000 mark for the first time in 2025, with the last such dip seen back in November 2024. US President Donald Trump’s intense tariffs have caused a major disruption in almost all money markets around the globe, and it seems that the crypto sector isn’t immune either. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a bloodbath across the board as the overall Market Fear & Greed Index stood at 17 (Extreme Fear) out of 100, as per CoinMarketCap data. The KAVA token became the only gainer in the last 24 hours, with a jump of less than 1 percent. Berachain (BERA) became the biggest loser, with a 24-hour loss of nearly 22 percent.
The global crypto market cap stood at $2.44 trillion at the time of writing, registering a 24-hour dip of 8.66 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $76,893.03, registering a 24-hour dip of 7.83 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 65.87 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,543.51, marking a 24-hour loss of 14.65 percent at the time of writing. Ethereum price in India stood at Rs 1.32 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 15.79 percent, as per CoinMarketCap data, currently priced at $0.1408. Dogecoin price in India stood at Rs 12.15.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour loss of 17.36 percent. At the time of writing, it was trading at $67.84. LTC price in India stood at Rs 5,810.70.
Ripple (XRP) Price Today
XRP price stood at $1.79, seeing a 24-hour dip of 15.60 percent. Ripple price in India stood at Rs 153.99.
Solana (SOL) Price Today
Solana price stood at $102.33, marking a 24-hour dip of 14.49 percent. SOL price in India stood at Rs 8,773.06.
Top Crypto Gainers Today (April 7)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Kava (KAVA)
Price: $0.4018
24-hour gain: 0.63 percent
Pendle (PENDLE)
Price: $3.13
24-hour gain: 5.19 percent
Nexo (NEXO)
Price: $1.06
24-hour gain: 3.32 percent
EOS (EOS)
Price: $0.8369
24-hour gain: 2.95 percent
Quant (QNT)
Price: $68.73
24-hour gain: 2.72 percent
Top Crypto Losers Today (April 7)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Berachain (BERA)
Price: $4.59
24-hour loss: 21.43 percent
Lido DAO (LDO)
Price: $0.6714
24-hour loss: 17.85 percent
Maker (MKR)
Price: $1,115.05
24-hour loss: 17.77 percent
Aave (AAVE)
Price: $124.16
24-hour loss: 17.29 percent
Litecoin (LTC)
Price: $67.98
24-hour loss: 17.21 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Global markets are facing a broad sell-off, which has spilled into crypto, pushing Bitcoin below the $80,000 mark and hitting altcoins even harder. Investor sentiment remains weak, with the Fear and Greed Index edging toward ‘Extreme Fear.’ However, a potential bright spot lies ahead as U.S. federal agencies are expected to disclose the US’s crypto holdings later today. A sizable confirmation could trigger a relief rally. For now, Bitcoin needs to reclaim the $80,000 mark or it risks retesting its previous all-time high near $74,000.”
CoinSwitch Markets Desk noted, “Bitcoin's price fell below $79,000, marking a ~5% decline, as investors remained apprehensive about the economic implications of the newly imposed tariffs. Major crypto mirrored this downward trend, where Ethereum declined nearly 13%, followed by Solana and Ripple declining over 12% in the last 24 hours, reflecting broader market uncertainties. The S&P 500 Index closed at 5,074.08, marking a 5.97% decline from the previous day. This substantial drop was part of a broader market sell-off, with Nasdaq Composite decreasing by 5.8%.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “The sudden plunge of Bitcoin below the $80,000 threshold and overall crypto market selloff that erased more than $160 billion in value a pivotal point fueled by macroeconomic uncertainty and investor wariness. As futures on Wall Street dipped and 'Black Monday' repeat fears emerged, the coupling between traditional markets and crypto holdings becomes more visible. Bitcoin's decline of more than 7% and furious weekend losses show bearish force in the offing, as market players are closely watching cap trajectories for signs of what's ahead. Through such turbulence, some of the altcoins' such as Pi, OKB, GT, and ATOM may find reason to outgain.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “As of April 7, 2025, Bitcoin (BTC) is trading at approximately $77,320, reflecting a 7.2% decline from the previous close. The intraday high reached $83,501, with a low of $77,127. This downturn aligns with a broader market sell-off triggered by the announcement of new tariffs by President Donald Trump, leading to increased volatility across financial markets. Technical indicators suggest that Bitcoin is approaching a "death cross," where the 50-day moving average crosses below the 200-day moving average, potentially signaling further bearish momentum. Analysts are closely monitoring support levels around $75,000 and resistance near $80,000 to assess potential future price movements.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin has fallen below the $78,000 mark, driven by heightened market volatility following the U.S. equity market's sharpest decline since 2020. This downturn was triggered by President Donald Trump’s announcement of sweeping global tariffs, including a 10% base rate and higher rates for key trading partners like China (34%) and the EU (20%). The cryptocurrency market mirrored this turbulence, with Bitcoin dropping over 7% in the last 24 hours. Despite short-term bearish sentiment, investors remain cautiously optimistic. Investors anticipate that these tariffs could weaken the U.S. dollar and drive long-term demand for Bitcoin as a hedge against macroeconomic instability.”
CoinDCX Research Team noted, “The crypto market faces adverse effects due to the uncertainty driven by new US trade tariffs, which have also led to a sharp decline in the stock markets. The Bitcoin price dropped below $80,000 and marked lows close to $77,000. Besides, the altcoins like Ethereum, XRP, Cardano, and a few more faced acute bearish action, while Solana sustained strongly above $100, but Litecoin slid down heavily below $70. Most of the cryptos are facing double-digit losses, hinting at the beginning of a bear market.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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