
The cryptocurrency market was in the red on Monday, with Bitcoin (BTC) continuing its fall over the weekend.
The crypto market’s downturn is being driven by weak demand in spot markets and a clear shift toward derisking, with traders hesitant to take new positions.
President Donald Trump’s upcoming “Liberation Day”—when specific “reciprocal tariffs” are expected to be assigned to various countries—has added to market uncertainty, further unsettling traders.
Bitcoin fell below $82,000, reversing sharply after nearing $90,000 last week.
The leading cryptocurrency has dropped 12.21% in the first quarter, putting it on track for its worst quarterly performance since 2018.
The global crypto market cap stands at $2.66 trillion, down 1.02% in the past 24 hours.
Trading volume has dropped 11.18% to $52.94 billion.
Bitcoin (BTC) price today
Bitcoin traded at $81,710.70, down close to 1.70% in the past 24 hours.
The coin’s 24-hour trading range was between $81,293.89 and $83,505.
Bitcoin’s dominance has slipped slightly to 61.19%, down 0.07% on the day.
Bitcoin ETFs saw net outflows of $93.47 million on Friday, bringing total net inflows for the past week to $196.7 million, according to ETF tracking site SoSoValue.
Before this, the funds had enjoyed 10 consecutive days of positive inflows, reflecting strong market interest.
The trend suggests renewed bullish sentiment among institutional investors after the heavy withdrawals in February and early March.
Ethereum (ETH) price today
Ethereum price slid back below the $1,900 mark on Monday.
The token was down around 1.4% to trade at $1,812.12.
The intraday low and high were $1,769.41 and $1,847.57.
Ethereum has dropped around 45% this quarter, marking its worst performance since 2018, when it declined by 46%.
XRP and SOL price today
XRP price was down over 3%, trading at $2.09 after hitting an intraday high of $2.21.
In the past seven days, the coin has gone down around 13%.
However, XRP is still up over 300% from its November 2024 low of $0.50.
Solana (SOL) bucked the general market to trade in green on Monday.
Solana (SOL) registered an over 0.23% climb to $126.40.
The coin hit an intraday low of $123.08 and a high of $126.62.
Top crypto gainers and losers
Four (FORM) led the gainers with a 7.42% rise in the last 24 hours, trading at $2.38.
Toncoin (TON) climbed 4.51% to $3.90, while Zcash (ZEC) gained 4.09%, reaching $38.30.
Flare (FLR) edged up 2.18% to $0.01364, and OFFICIAL TRUMP (TRUMP) saw a modest 0.75% increase, trading at $10.27.
On the downside, Pi (PI) dropped 7.41% to $0.7395, while Cronos (CRO) declined 7.25% to $0.1008.
Movement (MOVE) slid 6.71% to $0.4213, and Berachain (BERA) fell 6.70% to $7.02.
UNUS SED LEO (LEO) declined 5.39%, now trading at $9.10.
Broader crypto price action
Cardano (ADA) saw a decline of 3.10% over the last day, currently trading at $0.6602.
Chainlink (LINK) experienced a decrease of 1.44% in the past 24 hours, now priced at $13.50.
Bitcoin Cash (BCH) dipped slightly, falling by 1.34% to $301.70.
Dai (DAI) remained relatively stable, with a negligible increase of 0.01%, holding steady at $1.00.
Celestia (TIA) showed a modest rise of 1.06%, bringing its value to $3.26.
Cosmos (ATOM) also climbed, observing a 1.17% gain to reach $4.34.
Bonk (BONK) witnessed a decrease of 1.85% over the past day, now valued at $0.00001129.
Bitcoin SV (BSV) decreased by 2.06%, trading at $31.69.
Decentraland (MANA) experienced a slight decline of 0.63%, settling at $0.2484.
Chiliz (CHZ) saw a minor increase of 0.33%, now priced at $0.04255.
Compound (COMP) experienced a minor uptick, increasing by 0.10% to reach $39.26.
Dash (DASH) saw a more notable rise, climbing by 1.94% to $22.31.
Basic Attention Token (BAT) declined slightly, dropping by 0.47% to $0.1361.
Decred (DCR) observed a marginal increase, rising by 0.05% to $11.27.
DigiByte (DGB) witnessed a decline, falling by 3.16% to $0.008612.
BOOK OF MEME (BOME) experienced a modest rise, increasing by 1.56% to $0.001366.
Dent (DENT) climbed, showing a 1.23% decrease to $0.0007145.
Bitcoin Gold (BTG) saw a slight increase, climbing by 0.54% to $0.3885.
BitShares (BTS) experienced an increase, rising by 2.33% to $0.0009412.
BytomDAO (BTM) declined slightly, dropping by 0.57% to $0.001696.
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