Altcoins face 350 billion USD wipeout – Decoding the 40% crash

As of April 10, 2025, altcoins have lost 350 billion USD since their peak in December 2024, facing significant liquidity issues exacerbated by tariff announcements from Donald Trump. The current market cap is approximately 583 billion USD.

Recent price increases in altcoins such as Chainlink, Solana, and Cardano appear to be short-lived recovery attempts rather than indications of sustainable growth. The overall market trend remains fragile, with limited inflows and high volatility.

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