Altcoins Like Notcoin Face Brutal Fallout After Bitcoin Price Dips Below $77K

It’s a red Monday for the crypto world — and Bitcoin just lit the fuse.

In a dramatic turn of events, Bitcoin dropped to a three-week low of $76,693, dragging the rest of the market with it. But the damage didn’t stop at BTC. Notcoin (NOT), a high-flying altcoin just months ago, has plunged more than 12% in 24 hours — and nearly 30% in two weeks.

This collapse comes just days after President Donald Trump’s surprise announcement of sweeping tariffs on nearly 200 countries, reigniting fears of a full-blown global trade war. Financial markets — both traditional and digital — are reeling.

Trump’s “Liberation Day” Tariffs Shock the System

On April 2, President Trump declared a new wave of tariffs as part of his bold “America First” strategy. A baseline 10% duty has been slapped on most imports, while Chinese goods face a punishing 34%, and the EU gets hit with 20%.

Markets didn’t take it well.

Nasdaq 100 futures plunged 5%, Japan’s Nikkei 225 dropped 6%, and South Korea’s Kospi tumbled 4.4%. What began as a geopolitical statement quickly became an economic earthquake — one that rippled straight into the crypto market.

The result? A deep selloff in digital assets, with Bitcoin’s post-tariff resilience wiped out in just 72 hours.

Notcoin Tanks 93% from All-Time High

For smaller-cap cryptos like Notcoin, the fallout has been brutal.

As of April 6, Notcoin was trading at $0.001748, down from its all-time high of $0.02836 on June 2, 2024. That’s a staggering 93.9% decline — a freefall that only worsened when BTC dipped under $77K.

On April 7, Notcoin touched a low of $0.001688, reflecting the extreme fragility of tokens that lack institutional backing or strong liquidity. Unlike Bitcoin, which still benefits from hedge funds and high-net-worth interest, Notcoin is being abandoned in favor of cash and stable assets.

The mood? Fear — and lots of it.

Over $1 Billion Liquidated — Is Crypto Entering a Winter?

The ripple effect has led to massive liquidations. On April 6 alone, $778 million in long positions were wiped out. In just 24 hours, 327,264 traders were liquidated, with the total hitting $1.02 billion, according to Coinglass.

The Crypto Fear & Greed Index plunged to 17 — squarely in “extreme fear” territory.

Ethereum hit its lowest point since October 2023 at $1,538, and Solana followed suit, dropping to $107. Notcoin, with none of their resilience, took an even sharper dive.

And now, analysts are asking: is this the start of a crypto winter?

Some See Long-Term Opportunity — But Not Just Yet

While most investors are running for cover, some voices remain bullish — eventually.

Arthur Hayes, co-founder of BitMEX and recently pardoned by Trump, believes the tariffs could ultimately push more people into decentralized assets like Bitcoin. He claims that global imbalances will be masked by money printing, which could favor BTC in the long run.

But right now, that optimism feels like a distant dream.

Crypto analyst Charles Edwards has warned that if Bitcoin loses key support, it could slide as low as $71,000, putting even more pressure on the already bleeding altcoin market.

Final Word: All Eyes on Bitcoin

As markets digest the full implications of Trump’s tariffs, one thing is clear — Bitcoin’s price is the anchor, and right now, it’s not holding strong. Whether it bounces or breaks lower will decide the fate of altcoins like Notcoin, which are already dangling off the edge.

Until then, the market remains on high alert — and the fear is real.