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news-imageApril 7, 2025

Bitcoin Strengthens Against ‘Magnificent 7' Stocks as Wall Street Quakes

The leading cryptocurrency has been holding near its Election Day price, while the world's most valuable tech stocks have wavered.
Publisher: Decrypt
Sentiment: Positive
BTC

More News Articles

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Bitcoin exchange-traded funds (ETFs) faced significant outflows on April 7, with over $151.8 million withdrawn, according to on-chain analytics shared by @lookonchain on X. The downturn affected nine out of ten U.S.-listed Bitcoin spot ETFs, coinciding with a sharp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.

Negative
cover-imageNewsBTC
April 8, 2025

Bitcoin Flashes ‘Death Cross' Amid Tariff-Induced Market Turmoil – Is Further Decline Inevitable?

The global equity and cryptocurrency markets experienced significant downturns earlier today, as US President Donald Trump's country-specific reciprocal tariffs are set to take effect on April 9. The leading cryptocurrency, Bitcoin (BTC), has declined by more than 7% in the past 24 hours, and analysts predict further near-term challenges for the digital asset.

Negative
cover-imageCryptonews
April 7, 2025

Michael Saylor's Strategy Suspends Bitcoin Buying

Michael Saylor's company, Strategy, paused Bitcoin acquisitions during escalating U.S. trade tensions and a 10% BTC drop. The move hints at a shift in Strategy's approach amid $5.91B in unrealized losses. The post Michael Saylor's Strategy Suspends Bitcoin Buying appeared first on Cryptonews.

Negative
cover-imageCointelegraph
April 7, 2025

Corporate Bitcoin treasuries drop more than $4B on US tariff hike impact

Corporate Bitcoin (BTC) treasuries collectively shed more than $4 billion in value after US President Donald Trump's tariffs triggered a global market sell-off, data shows. As of April 7, corporate Bitcoin holdings are worth approximately $54.5 billion in the aggregate, down from roughly $59 billion before April 2, according to data from BitcoinTreasuries.net.

Neutral
cover-imageCoindesk
April 7, 2025

Will the Economic Crisis Push Bitcoin to New Heights?

Veteran trader and YouTube creator Bill Noble joins CoinDesk to discuss the "Black Monday" market crash that took place in 1987 and its similarities to the recent volatility across major cryptocurrencies. Plus, insights into the macroeconomic conditions and the future of digital assets.

Neutral
cover-imageCNBC Television
April 7, 2025

Bitcoin hits $74K level as rising trade tensions keep pressure on global markets: CNBC Crypto World

On today's show, Bitcoin briefly drops to the $74,000 level as investors started dumping their crypto holdings over the weekend reacting to President Trump's tariffs, which raised global recession fears. And, the SEC clarifies that most stablecoins are not considered securities, while Hong Kong unveils new rules allowing staking for crypto firms and ETFs.

Negative
cover-imageBitcoin
April 7, 2025

Strategy Reports $5.91B Unrealized Bitcoin Loss in Q1 2025

Strategy, the enterprise software firm formerly known as Microstrategy, disclosed $5.91 billion in unrealized losses on its bitcoin holdings for Q1 2025 under a new accounting rule requiring crypto assets to be marked to market. Strategy Posts Q1 Loss Strategy, rebranded from Microstrategy Incorporated, reported a $5.

Negative
cover-imageCointelegraph
April 7, 2025

Bloomberg analyst predicts Bitcoin could sink back to $10,000

Diving into the chaos of global markets, Bloomberg Senior Commodity Strategist Mike McGlone warns more turmoil could be on the way.In an exclusive interview with Cointelegraph, McGlone points to deepening market sell-offs, intensified by US President Donald Trump's ongoing tariff wars, and forecasts a sharp correction in crypto assets. He predicts Bitcoin could tumble to $10,000, citing excessive speculation and overvaluation within the digital asset space.

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