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news-imageApril 8, 2025

Bitcoin Plunges Below $75,000 As Tariff Anxiety Creates Fresh 2025 Low

Bitcoin prices dropped to their lowest value of the year today, falling below $75,000 as tariff concerns roiled global markets.
Publisher: Forbes
Sentiment: Negative
BTC

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Positive
cover-imageCoinPedia
April 8, 2025

Best Altcoins To Buy Now as Bitcoin Leads a Crypto Recovery

The wider altcoin market followed Bitcoin (BTC) in a mild bullish recovery during the past 24 hours after opening the week in an extremely choppy mode. The total crypto market cap gained around 2 percent to hover about $2.6 trillion on Tuesday, during the early London trading session.

Positive
cover-imageThe Cryptonomist
April 8, 2025

New Bitcoin Futures coming: Cboe announces the launch of XBTF

Cboe Global Markets, the largest global network for the exchange of derivatives and securities, has announced the launch of a new product: the Cboe FTSE Bitcoin Index Futures, scheduled to debut on the Cboe Futures Exchange (CFE) on April 28, 2025, pending regulatory approval. The new contracts result from collaborative work with FTSE Russell, a well-known entity for structuring market indices, and will be based on the FTSE Bitcoin Reduced Value Index (ticker: XBTF), equivalent to one-tenth of the main FTSE Bitcoin index value. For some time now, Cboe has been consolidating its position in the derivatives market on digital assets, and the introduction of XBTF futures represents a significant evolution. These cash-settled contracts are designed as the ideal complement to the options already active on the Cboe Bitcoin U.S. ETF index, completing an ecosystem that offers investors greater versatility, capital efficiency, and above all, new ways to navigate Bitcoin volatility. The XBTF contracts will be cash-settled, expiring on the last business day of each month, in the afternoon (time slot ‘P.M.'). A key point is that they will be managed by OCC, the same entity that already handles clearing for options on CBTX and MBTX, further strengthening the guarantee structure around these products.

Positive
cover-imageCoinPedia
April 8, 2025

Crypto News Today : Hyperliquid Crypto, BTC Value, Ethereum Price, Pi Network News

April 8, 2025 05:47:45 UTC Why Crypto Market is Up Today? Crypto prices rallied today driven by investor optimism, rising institutional demand, and positive macro signals. Despite a sharp 5.5% dip, Bitcoin bounced back near $80K. Around $1.5B in bullish crypto bets were sold—the highest in 2025—raising concerns of continued option market pressure.

Neutral
cover-imageNewsBTC
April 8, 2025

Bitcoin Whipsaws On Fake Tariff Bombshell News

Speculation over a purported White House plan to pause tariffs for ninety days on all countries except China sent markets into a frenzy earlier today, triggering abrupt price reversals across equities, Bitcoin and cryptocurrencies. In a quick-fire series of conflicting updates, the rumor initially floated at around 10:10 AM ET, sparked momentum in risk assets, and was eventually deemed “fake news” by the White House.

Positive
cover-imageCoingape
April 8, 2025

Arthur Hayes Bets Big On Chinese Money Coming to Bitcoin

The escalating US-China trade war has sent global markets into a frenzy, with BitMEX co-founder Arthur Hayes believing that Chinese money could soon be entering Bitcoin. BTC price has already bounced back from yesterday's lows of $74,400, and is currently trading north of $80,000 levels as of press time.

Negative
cover-imageTokenpost
April 8, 2025

Bitcoin ETFs See $151.8M in Outflows Amid Market Bloodbath

Bitcoin exchange-traded funds (ETFs) faced significant outflows on April 7, with over $151.8 million withdrawn, according to on-chain analytics shared by @lookonchain on X. The downturn affected nine out of ten U.S.-listed Bitcoin spot ETFs, coinciding with a sharp correction in the crypto market that saw Bitcoin plunge well below the $80,000 mark.

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