The cryptocurrency market experienced a sharp and sudden downturn on April 7th, 2025, a day quickly dubbed “Crypto Black Monday” by observers, just like market crashes of the past like those in 2020 or even 1987.
Triggered primarily by escalating trade tensions following the implementation of new U.S. tariffs under the Trump administration, both crypto and traditional stock markets saw significant sell-offs globally
. While the immediate aftermath was huge losses by crypto traders, they inevitably turned their attention to spotting recovery signs and identifying the best crypto to buy in the dip.
Understanding the severity of the crash and what constitutes a genuine recovery is crucial when considering opportunities, including ongoing utility projects like Dawgz AI ($DAGZ).
The ‘Crypto Black Monday’: Impact & Historical Context
The market turmoil on Monday, April 7th, was severe. As the Trump administration’s tariff policies took full effect, impacting dozens of countries and sparking threats of countermeasures, market confidence in traders saw a huge downturn.
Impact on Crypto: The crypto market, initially showing some resilience, eventually falls under the pressure. On April 7th, Bitcoin reportedly lost around 7.7% in 24 hours, a significant drop for the leading cryptocurrency. Other major cryptocurrencies experienced even sharper declines, with Ethereum, Solana, and XRP reportedly losing around 20%, while BNB saw a roughly 9% decrease. This volatility led to massive liquidations in the leveraged futures market, with around $600 million in positions wiped out within 24 hours, indicating forced selling and heightened panic.
Impact on Global Stocks: The sell-off wasn’t for crypto only. While U.S. stock markets experienced high volatility, opening significantly down but recovering partially by the close, other global markets suffered major hits. Hong Kong’s Hang Seng index saw its biggest single-day drop since 1997 (13%). Japan’s Nikkei fell nearly 8%, Australia saw its largest fall since 2020 (4.2%), and European markets closed down sharply (around 4.7%), marking their worst day since early 2022.
Reading The Market : Signs of Crypto Market Recovery
After a sharp crash like “Crypto Black Monday,” what signals to participants to look for signs of a potential recovery?. Key indicators include:
- Price Stabilization & Retracement: The first sign is often a reduction in downward momentum and prices beginning to stabilize or retrace.
- Decreasing Volatility: Extreme volatility often accompanies crashes. A gradual decrease in price swings can indicate that panic selling is taking place.
- Volume Patterns: High selling volume during the crash followed by increasing buying volume on bounces can suggest returning confidence.
- Shift in Sentiment: Moving away from “extreme fear” towards neutrality or cautious optimism is crucial. This can be influenced by external factors like news or internal crypto developments.
- Fundamental Strength: During recoveries, focus often shifts back to projects with strong technology, utility, active development, and strong communities, as these are perceived as more likely to endure and grow long-term.
Spotting genuine recovery involves looking for a combination of these factors, rather than relying on any single indicator by itself.
Dawgz AI ($DAGZ): An Opportunity Even During Market Crashes?
While the broader market still processes the “Crypto Black Monday” event and looks for recovery signs, innovative projects continue to develop. Dawgz AI ($DAGZ), an altcoin merging AI technology with meme coin appeal on the Ethereum blockchain, is one such project currently in its presale phase.
- Presale Dynamic: Being in presale means $DAGZ – currently priced at $0.004 wasn’t directly subjected to the April 7th crash affecting listed assets. Its fixed price offers a stable entry point, attractive for those wanting low entry points and security from market news or trends.More information about the future of the project our team found in this video explaining the potential of the project.
- Focus on Innovation: The project’s core utility is the Black Box AI trading engine designed for automated trading and analysis, this feature represents an innovation within the meme coin space.
- Community & Security: The project’s successful presale fundraising over $3.2 million demonstrates strong community. Furthermore, its SolidProof smart contract audit provides security assurance.
- Long-Term Incentives: Features like staking rewards, available immediately during the presale, offer passive income potential and encourage long-term holding.
Conclusion: The Post-Crash Market Situation
The “Crypto Black Monday” of April 7th, 2025, driven by global reactions to U.S. tariff policies, delivered a sharp shock to the digital asset market. While the immediate aftermath saw significant losses across Bitcoin and numerous altcoins, such events historically prompt participants to reassess and seek opportunities amidst the volatility.
Identifying the best crypto to buy in the dip requires careful analysis. While established coins like XRP, Cardano or Solana may offer familiarity, innovative projects developing unique utility, like Dawgz AI ($DAGZ) with its AI focus and pre sale price may offer bigger return on investments for all the traders willing to take on the risk of investing and believing in the project itself. As always,such a step requires diligent research of all the aspects around the project.
FAQs Section :
What crypto has 1000x potential?
Seeking 1000x returns usually involves high-risk, early-stage investments, often in presales before wider market recovery, projects like Dawgz AI ($DAGZ) combining trends like AI with low entry points fit this speculative profile.
Should I buy crypto when it’s down?
Buying crypto during dips can be a profitable strategy if the chosen asset recovers, but carries risk of further declines, focus on projects with strong fundamentals like Dawgz AI ($DAGZ) or use strategies like dollar-cost averaging.
How do I buy the dip in crypto?
Effectively buying dips involves researching projects, assessing if the dip is temporary or fundamental, potentially setting limit orders, and managing risk, exploring stable-priced pre sales like Dawgz AI ($DAGZ) is another approach during high volatility.
Which crypto is best to buy during a dip?
The “best” crypto depends on risk tolerance, some prefer established assets potentially oversold, while others look to innovative presales like Dawgz AI ($DAGZ) offering early access and potentially unique recovery dynamics due to features like AI utility.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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