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What’s Happening in the Crypto Market?
The crypto market is in full meltdown mode.
Ethereum dropped below $1,800 and is now hovering around $1,620 — down more than 9% in 24h, with predictions pointing toward $1,500 or lower. $XRP broke below the crucial $2 level and is now trading at $1.98, down 8.15% in a single day.
Across the board, coins are getting hit hard, with Asia markets dumping, capital outflows rising, and sentiment turning ultra bearish. But while major tokens like $ETH and $XRP are grabbing headlines, several other coins have dropped even harder — and mostly under the radar.
Total market cap in USD - TradingView
Why is the Crypto Crash Happening?
This dump isn’t coming out of nowhere. A few key reasons behind the market chaos:
- Massive profit-taking after months of bullish momentum.
- Regulatory uncertainty (especially in the US) pushing traders to de-risk.
- High outflows and sudden shifts in large wallets.
- Asia-driven selling during low liquidity hours, triggering cascading liquidations.
Combined, these factors are wrecking support levels and sending both top and mid-cap coins spiraling down.
Top 5 Cryptos That Crashed the Most
Let’s get into the biggest losers of the week. Here are the top 5 cryptos that dropped the hardest in the past 7 days:
1. Bittensor ($TAO)
- Price: $184.12
- 24h Drop: -15.61%
- Market Cap: $1.57B
$TAO leads the crash leaderboard. Once hyped for its decentralized AI angle, the token is now feeling the full force of the market dump.
2. Worldcoin ($WLD)
- Price: $0.6274
- 24h Drop: -14.32%
- Market Cap: $774.5M
$WLD continues its downward spiral. Even with Sam Altman in the spotlight, Worldcoin is getting dumped hard, possibly due to ongoing privacy concerns and low adoption.
3. Lido DAO ($LDO)
- Price: $0.7036
- 24h Drop: -14.09%
- Market Cap: $631.8M
Tied closely to Ethereum’s performance, $LDO is suffering alongside $ETH’s crash. As $ETH tanks, stakers are pulling out — and $LDO pays the price.
4. Ethena ($ENA)
- Price: $0.2743
- 24h Drop: -14.03%
- Market Cap: $1.52B
Despite the buzz around its synthetic stablecoin tech, $ENA is sliding fast. A 14% drop in one day is rough for any token — especially one that just launched recently.
5. Berachain ($BERA)
- Price: $4.84
- 24h Drop: -13.43%
- Market Cap: $520.7M
$BERA rounds out the top 5. Still early in its roadmap, this new chain is feeling the effects of the broader risk-off sentiment in DeFi and Layer 1 tokens.
Crypto Crash: What's Next?
The crypto crash is cutting deep. Ethereum and $XRP may be making headlines, but these altcoins took an even harder hit in the past 24 hours. Whether this is a quick dip or the start of a longer bearish cycle remains to be seen — but one thing’s clear:
"Volatility is back — and nobody is safe."