Global Market Crash Cause Big Falls for Major Cryptocurrencies and Meme Coin TDS
On April 7, 2025, big-big cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and XRP fall yakata because plenty people dey sell for market sake of the new trade tariffs wey U.S. President Donald Trump put. This tariffs, wey affect over 180 countries, make all the world stock market scatter, with drops from 10% to 50%. The cryptocurrency market show the same wahala, wey make Bitcoin fall below $75,000 for the first time in over one year and Ethereum drop below $1,500. The Solana-based meme coin Trump Derangement Syndrome (TDS) suffer sharp fall too, pass 20%, wey nearly reach the lowest level wey e ever be. The sell-off cause $1.38 billion for crypto liquidations, many of them from long positions, as investors dey run away from assets wey get risk. The trading volume and market cap of TDS now dey small, wey show say investors no too trust am because the economy dey tense. This fall show say market dey stress, no be say na individual altcoin fail, and e dey important to manage risk and look at long-term things wey dey important for this time wey things no dey clear.
Bearish
Di introduction of new tariffs wey President Trump bring don cause market to dey shake body well well, wey make prices of shares and cryptocurrency fall for everywhere. Big cryptocurrencies like Bitcoin and Ethereum don see their prices drop yakata, wey show say market no dey smile at all. Di meme coin wey dem dey call TDS sef don collect wotowoto, wey show say investors no wan hear word about risky things. Market people dey fear trade wahala, dem dey fear say e go scatter economy for long. For now now, e be like say prices go still dey under pressure as traders dey check risk again and everybody dey shine eye. But for long time, if dem no remove di tariffs or market no settle down, di market go still dey frown face, especially as investors dey find better and strong things to put their money.