Altcoin Bloodbath: ETH, XRP, SOL, DOGE Crumble as Liquidations Near $900M

The cryptocurrency market, which marked a new record earlier this week when the total capitalization hit $4.4 trillion, is in a free-fall state after the US President Donald Trump issued a warning against China.

Ethereum is among the poorest performers on a daily scale, losing nearly 6% of value. ETH has broken below $4,100, and it’s on its way to $4,000 for the first time in a few weeks. Its weekly losses are up to 10.6%, according to CoinGecko data.