The crypto market suffered a heavy blow, with ETH leading the decline by 9.57% and BTC falling below $75,000

Odaily News On April 9, according to SoSoValue data, Trump's "reciprocal tariff" policy came into effect today. Affected by this policy, panic spread in the crypto market, and the crypto sector generally fell by about 3% to 10% in 24 hours. Among them, Ethereum (ETH) fell by 9.57% in 24 hours, once falling below $1,400, hitting its lowest point since March 2023. Bitcoin (BTC) fell by 5.47%, falling to below $75,000.
In terms of other sectors, the CeFi sector fell 2.59% in 24 hours, but LEO Token (LEO) was relatively strong, rising 0.87%; the Layer1 sector fell 4.32%, of which Solana (SOL) and Cardano (ADA) fell 7.02% and 7.30% respectively; the Layer2 sector fell 6.20%, the DeFi sector fell 6.48%, the PayFi sector fell 6.67%, and the Meme sector fell 7.31%.
The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiAI, ssiMeme, and ssiDeFi indices fell 7.64%, 7.37%, and 7.30%, respectively, in the past 24 hours.