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On April 18, cryptocurrencies such as Bitcoin had a collapse. The calculation of the 24 -hour rising and downward calculation, the Bitcoin plummeted by 17%, the Ethereum plummeted by 20%, the currency coin plummeted by 17%, the wave currency plummeted by 26%. Dog coin plummeted 19%, Litecoin plummeted 28%, the wave market plummeted 25%, and grapefruit coins plummeted 29%. Under the significant fluctuation of virtual currency prices, the contract market on the entire network ushered in a high bursting. According to the data of Bitcoin Home, as of 20:30 on April 18, a total of 478,000 people in the past 24 hours have encountered a liquidation, totaling $ 6.162 billion in funds, and about RMB 40.18 billion.