Bitcoin has again dipped to $76,900, driven by rumors of potential BTC liquidation by Strategy while experts expect a market rebound once macro tensions ease.
Low supply concentration in this range may lead to heightened volatility.
Bitcoin (BTC -1.97%) isn't as safe as holding cash when economic times get tough. As a cryptocurrency, it's volatile, and it's nearly impossible to use it to buy something you might actually need, like a burrito.
Bitcoin (BTC) faces heightened downside risk as fears around risk assets intensify. Analysts are warning that the recent surge in U.S. Treasury yields could trigger a wave of leveraged long liquidations in crypto markets.
Bitcoin (BTC) dipped close to $75,000 early Wednesday before recovering slightly, as former President Donald Trumps sweeping global tariffs sparked broad sell-offs across financial markets. Ether (ETH) led losses among major altcoins with a 10% drop, while XRP, DOGE, BNB, SOL, and ADA all sank over 5%.
Ethereum (ETH), the second-largest cryptocurrency by market cap, continues to lose ground against Bitcoin (BTC). The ETH/BTC trading pair plunged to a multi-year low of 0.01896 BTC on Tuesday, extending a brutal downtrend thats now spanned five straight months.
Bitcoin has formed its first major death cross of 2025, signaling a potentially prolonged bearish trend in the crypto market. This technical pattern, where the 50-day moving average crosses below the 200-day moving average, often indicates sustained downward momentum.
Bitcoin advocate and Strategy founder Michael Saylor has reignited the digital gold narrative, calling BTC the modern equivalent of gold as the flagship cryptocurrency fights to reclaim the $80,000 mark. Posting on X, Saylor shared another AI-generated image of himself seated atop gold bullions stamped with the Bitcoin logo, guarding a fictional Bitcoin Fort Knox a nod to the U.S. Strategic Bitcoin Reserve allegedly initiated by President Trump.
Bitcoin (BTC) surged close to the $80,000 mark in a sharp recovery after briefly falling below $75,000 late Monday. The relief rally triggered a wave of gains across major altcoins, with Dogecoin (DOGE), BNB, XRP, and Cardano (ADA) climbing as much as 10%.
Notorious Bitcoin critic Peter Schiff took another shot at MicroStrategy cofounder Michael Saylor after the latter tweeted, One Bitcoin equals one Bitcoin in response to the recent crypto market crash. Schiff responded sarcastically, Correct, and thats all it equals, doubling down on his long-held belief that Bitcoin lacks intrinsic value.
Cboe Digital, the cryptocurrency division of the Chicago Board Options Exchange (Cboe), plans to introduce a new cash-settled bitcoin (BTC) futures product later this month, pending regulatory approval. The proposed futures contract, developed in collaboration with FTSE Russell, is designed to offer a more capital-efficient way for investors to gain exposure to bitcoin price movements.
China has allowed the yuan (CNY) to weaken past the crucial 7.2 mark against the U.S. dollar, signaling a potential shift toward a managed depreciation strategy. This move follows escalating trade tensions driven by former President Donald Trumps aggressive tariffs.
The evolving relationship between Bitcoin and traditional financial markets is under renewed pressure as global investors flee risk assets amid intensifying US trade tensions.US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded their fourth consecutive day of outflows on April 8, with more than $326 million in net redemptions across products, according to data from Farside Investors. BlackRock's iShares Bitcoin Trust ETF (IBIT) saw the largest sell-off of over $252 million, its biggest daily outflow since Feb. 26.
Since Ethereum's launch in 2015, it has only outperformed Bitcoin on 15% of trading days, according to data shared by analysts. The post Ethereum Has Outperformed Bitcoin Only 15% of the Time Since Launch, Analysts Say appeared first on Cryptonews.
Bitcoin plunges below $75,000 as U.S. imposes 104% tariff on Chinese goods, triggering global market sell-off and bearish crypto sentiment.
On-chain data shows Dogecoin has seen almost a majority of its supply dip into loss. Here's how other top coins like Bitcoin and XRP compare.
The U.S. has announced a dramatic 104% tariff on Chinese goods, effective at noon on Tuesday, April 9, 2025. This move is a significant escalation in the trade war between the two countries, following earlier threats from the White House.
Bitcoin, the world's leading cryptocurrency, has seen a sharp dip, nearing $77,000 as markets react to new tariffs by U.S. President Donald Trump. This decline also led to a selloff in U.S. treasuries, pushing 30-year yields higher and raising economic concerns.
Bitcoin's dropping rate and a critical $75K level are creating panic for crypto investors. If Trump's Tariff mess was not enough, new rumors recently suggested that Strategy might sell its Bitcoin if prices drop further, based on an 8-K filing with the SEC on April 7, which might create a massive liquidation fear.
Bitcoin falls to $75,000 and crypto markets tumble as Trump's global tariffs take effect, wiping out $1.2 trillion in market value.
Jack Dorsey, co-founder of Twitter and CEO of Block Inc., believes Bitcoin could lose relevance if it doesn't evolve into a practical payment method.
Strategy revealed in a recent 8-K filing with the SEC that it may be forced to sell its Bitcoin to meet debt obligations if BTC prices continue to drop.
In an X post shared earlier today, crypto analyst Ali Martinez noted that Bitcoin (BTC) is flashing a buy signal. Another analyst, Titan Of Crypto, highlighted that BTC is currently trading in a reversal zone – suggesting that the leading cryptocurrency may soon experience a shift in price momentum.
Digital assets exhibit significant bearishness, as the latest Trump tariff waves triggered massive crypto liquidations. As fear dominated the sector, Binance CEO Richard Teng weighed in on the escalating trade tensions and their effect on the cryptocurrency market.
Murphy has filed a lawsuit against the Department of Homeland Security (DHS). He's demanding the agency come clean about who it believes is Bitcoin's creator.
A crypto strategist who nailed Bitcoin's 2021 market meltdown believes BTC is still on track to spark rallies en route to new all-time highs this year.
Bitcoin spot ETFs saw $326M in outflows on April 8, the fourth straight day of losses as investor sentiment weakened due to global uncertainty. The post Bitcoin Spot ETFs See $326M in Outflows, Marking Fourth Straight Day of Losses appeared first on Cryptonews.
Bitcoin (BTC) is up 0.24% today and trades around at $76,481 in the early Asian session after crashing 3.71% on Tuesday. While Bitcoin price slides lower, the US Treasury market is spiraling into chaos, with the 10-year yield rocketing to 4.5% and the 30-year yield hitting 5%.
Michael Saylor's software company, Strategy, which is heavily invested in Bitcoin, may soon have to sell some of its Bitcoin holdings to meet financial obligations. In an Apr.
Institutional investors are increasingly risk-averse, shifting capital away from Bitcoin ETF products. This shift in sentiment has led to a sharp spike in capital exit, with US-listed spot Bitcoin ETFs recording another day of outflows on Tuesday.
Bitcoin and Ethereum plunge as the trade war intensifies, triggering $411 million in total liquidations over the past 24 hours.
The trade war orchestrated by Donald Trump has reached an unprecedented level, with record tariffs of 104% imposed on Chinese products. This sudden, almost surreal escalation has caught the crypto markets off guard, immediately plunging bitcoin into a downward spiral.
The lingering fears triggered by US President Donald Trump's sweeping global tariffs have analysts increasingly convinced that Bitcoin is now more likely than ever to challenge the US dollar in the years ahead.“Higher chance Bitcoin survives over the dollar in our lifetime after today,” Bitwise Invest head of alpha strategies Jeff Parks said in an April 9 X post.
Bitcoin is continuing to face downward pressure in the market, with the cryptocurrency falling below $80,000 on Sunday for the first time since last year. Despite a 4.1% recovery in the past 24 hours bringing it back to $79,825, Bitcoin remains down 26% from its all-time high of over $109,000 recorded in January 2025.
The sharp rise in Treasury yields likely stems from the unwinding of basis trades and could trigger liquidity crisis, deepening the sell-off in risk assets.
Bitcoin has tumbled below the $75,000 mark for the second time this week, bringing its total weekly losses to over 11%. While the broader crypto market is also bleeding, the catalyst for this correction appears to be rooted in geopolitics and mounting fears of a recession.
According to a recent report, President Trump's new tariffs may fundamentally shift the dynamics of global Bitcoin (BTC) mining, making the US less competitive than other countries.
The very first Bitcoin acquisition of MicroStrategy back in September 2020 triggered a strong Bitcoin bull run, which surged high, marking a new ATH of $64,000. This was the first time that the institutional interest in the token received massive support from the bulls.
“For investors, the short-term outlook calls for caution, while a further drop to $70,000–$75,000 for Bitcoin is possible if trade tensions escalate,” one trader said.
Tensions between the US and China prompted a sharp drop in the yuan and renewed interest in Bitcoin as a safe haven.
The cryptocurrency market, along with traditional stock markets, experienced a significant downturn in the first quarter of 2025. This market downturn is attributed to both trade war fears and diminished user sentiment, as indicated by the declining net unrealized profit/loss.
Ethereum has only outperformed Bitcoin for 15% of all trading days since its launch almost a decade ago, according to analysts.Since Ether (ETH) began trading in mid-2015, it has underperformed against Bitcoin (BTC) 85% of the time, analyst James Check said in an April 8 X post. Data shared by Check shows that Ether significantly outperformed Bitcoin in its early years from mid-2015 to around mid-2017, and it had two short periods in late 2019 and early 2020 when the ETH to BTC ratio was in Ether's favor.
The wider Asian major stock indexes opened Wednesday in jitters following the United States bid to impose a 104 percent tariff against China. The Asia Dow, Nikkei 225, and Hang Seng had dropped around 2 percent during the late eastern financial trading session.
The corporate world's biggest Bitcoin holder has stopped buying more of the cryptocurrency as prices fell sharply last week. According to recent filings, Strategy reported a massive $5.91 billion unrealized loss for the first quarter of 2025, though this blow was softened by a $1.69 billion tax benefit.
The 10-year US Treasury yield has spiked, which is unusual in a bearish equity market. Typically, long-term yields fall in such conditions as the Fed prepares to cut rates to support the economy.
In a thread on X, business cycle analyst Tomas (@TomasOnMarkets) explains where the global economy currently stands and what that means for risk assets, including Bitcoin. Describing what he terms a “short and shallow” full business cycle that started in 2023, faded in 2024, and bottomed out in early 2025, Tomas believes this fleeting cycle was masked in part by a weak Chinese economy and a rapidly strengthening dollar.
Bitcoin and Ether extended losses on Wednesday as renewed US-China trade tensions and looming tariffs drove a broader 7% drop in the crypto market. The post Bitcoin, Ether Extend Losses as Investors Brace for Prolonged Tariff Impact appeared first on Cryptonews.
Bitcoin price came crashing down under $75,000 for the second time in the past week as Donald Trump's 104% tariff on China went into effect. Riskier assets like equities and crypto have been facing the most heat in this tariff war, with BTC extending its weekly losses to 11%, with altcoins led by Ethereum (ETH)