Bitcoin's price has fallen below $75,000, reaching an intraday low of $74,637 as of 2:47 AM EST. This decline marks a significant drop of over 12% today and reflects ongoing economic anxiety amid a broader downturn in financial markets.
Bitcoin has been struggling to recover, with its price recently dipping below $80,000, marking a significant loss. The downtrend intensified due to the broader market's weakness, particularly the impact of US President Trump's trade wars.
Ethereum (ETH), the flagship altcoin, has now plunged to its lowest level against Bitcoin (BTC) since February 2020.
Bitcoin could remain in a bear market for at least six months, according to CryptoQuant CEO Ki Young Ju, as on-chain data shows a lack of price movement despite rising capital inflows.
After hinting at possible stability last week, the wider crypto market – led by Bitcoin (BTC) – will be on the defensive side in the coming days. In the past 24 hours, the crypto market recorded heavy losses, with total forced liquidations of $1 billion, whereby the majority were long traders.
Twitter founder and Block Inc. CEO Jack Dorsey has recently shared his thoughts on why Bitcoin would fail if pursued only as a store of value of “digital gold”. Although BTC is often seen as a hedge to the equity market, it has largely moved in tandem with it and is still considered a risk-ON
Bloomberg's senior commodity strategist, Mike McGlone, is back in the spotlight with another bold take on the markets. After previously warning that Bitcoin could “lose a zero,” McGlone is now turning heads with his latest insights. This time, he's highlighting gold's growing strength as it challenges the dominance of traditional stocks.
Donald Trump's ‘Liberation Day' had a deadly impact on not only the crypto markets but also the global stock markets, including countries like China, Japan, Taiwan, the UK, Germany, etc. As the tariffs and the reciprocal tariffs escalated, the uncertainty increased, which has strengthened the bearish action.
Joe Weisenthal, the co-host of Bloomberg's "Odd Lots" podcast, has observed that significant XRP price spikes tend to mark a local top for Bitcoin.
Traders are scrambling to figure out if the sudden bitcoin price correction could escalate into a full-blown market crash
Trump, when asked about sliding markets, said sometimes you have to "take medicine."
Bitcoin fell sharply on April 7, dropping nearly 7% to a three-week low of $77,077. The decline occurred days after U.S.
Satoshi street is facing a massive bloodbath with the crypto market crash as global markets react to Trump's tariff war. Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE) prices have plumetted 6-12% today with over $900 million in liquidations in the last 24 hours.
Bitcoin dropped 6% on Monday as global markets tumbled following Trump's new tariffs, sparking fresh fears of a global recession. The post Bitcoin Tumbles 6% to $78K as US Markets Reel From Trump Tariff Shock appeared first on Cryptonews.
The global cryptocurrency market has taken a significant hit, with the total market cap dropping to $2.46 trillion, marking a 7.79% decrease in the last 24 hours. This downturn comes amid growing macroeconomic concerns, particularly rising interest rates, which have sparked fears of instability across financial markets.
Bitcoin fell under $80K, as market crash by liquidated $600 million in trades Stock markets dropped badly, having the worst week since 2020. Trump's new EU tariffs may cause a global trade fight as countries plan to strike back.
Bitcoin (BTC) has fallen below the $78,000 mark on Sunday, trading at $77,840, reflecting a 6% decline as investors react to significant volatility in broader financial markets. This drop follows the worst decline in US equities since 2020, triggered by President Donald Trump's announcement of restrictive global tariffs.
The Bitcoin network hashrate has topped 1 Zetahash per second (ZH/s) for the first time in Bitcoin's 16-year history, according to several blockchain data sources.Bitcoin's hashrate crossed the milestone on April 5 at a peak of 1.025 ZH/s, according to mempool.space data, while BTC Frame data said it hit 1.02 ZH/s a day earlier. Data from Coinwarz says that Bitcoin hashrate soared to as high as 1.1 ZH/s on April 4 at block height 890,915 — however, the same data indicates that Bitcoin first crossed 1 ZH/s on March 24.
Bitcoin plunged to a near one-month low early Monday as market turmoil deepened, fueled by escalating trade tensions after U.S. President Donald Trump imposed steep tariffs, triggering fears of a global trade war. The move decimated investor risk appetite, dragging both equity and crypto markets sharply lower.
Bitcoin is struggling to maintain upward momentum as macroeconomic pressures mount. After multiple failed attempts to break above the 200-day EMA, currently near $85,344, BTC has pulled back to $82,870.
Veteran economist Alasdair Macleod has sparked controversy by declaring that shorting Bitcoin is the most profitable strategy during the current bear market. His bearish stance has drawn strong reactions from the crypto community, with some urging him to act on his own advice.
As fears of a looming Black Monday grip the cryptocurrency market, a mysterious whale has transferred 1,928 BTCworth approximately $159.8 millionto U.S.-based crypto exchange Kraken. The massive transfer was flagged by Whale Alert and originated from an unidentified wallet beginning with bc1qcp.
Long-time Bitcoin advocate Samson Mow has stirred fresh debate by hinting that China could be preparing to adopt Bitcoinnot for public or corporate use, but as a strategic reserve. Mows cryptic social media post drew attention due to its timing and implications, especially amid rising U.S.-China tensions and shifting global economic dynamics.
Bitcoin (BTC) briefly showed signs of decoupling from traditional markets last week, with some labeling it a potential safe haven asset amid global economic uncertainty. However, that narrative may have been premature as crypto markets plunged alongside traditional assets over the weekend.
Bitcoin is flashing bearish signals despite increasing capital inflow, according to analyst Ju, who bases his analysis on the realized cap metric. This metric measures the total capital entering the Bitcoin market by calculating the average purchase price of coins when they enter a wallet, treating it as a buy.
Rumors suggesting that Cardano founder Charles Hoskinson is the mysterious Bitcoin creator Satoshi Nakamoto have resurfaced despite repeated denials. Hoskinson recently reaffirmed he had no involvement in Bitcoins creation, stating clearly he is not and has never claimed to be Satoshi.
Bitcoin (BTC) is experiencing a mild pullback as bulls fail to maintain momentum into the weekend, according to data from CoinMarketCap. Over the past 24 hours, the BTC price has declined by 0.45%, now trading at around $83,070.
Bitcoin price started a fresh decline below the $83,500 zone. BTC is consolidating losses and might start another decline below the $80,000 level.
Bitcoin fell 5.3% over the past 24 hours to trade below $79,000, while ether lost 11.8% to change hands below $1,600.
As Bitcoin (BTC), the market's leading cryptocurrency, continues to trend lower, recent insights from industry experts highlight critical factors influencing BTC's trajectory. According to Ki Young Ju, CEO of market intelligence firm CryptoQuant, the current Bitcoin bull cycle may be coming to an end.
Markets in Hong Kong, Shanghai, and Taipei were deep in the red upon opening on Monday.
Bitcoin dipped to an intraday low of $77,098, mirroring the downturn in futures markets as the Dow Jones Industrial average plunged more than 1,500 points. Dow Tanks 1,500 Points; Bitcoin Sinks as Economic Anxiety Spreads Between 5 p.m. and 8 p.m. on Sunday, Apr.
Bitcoin outperforms altcoins, showing resilience amidst volatility, as altcoin engagement and valuations significantly weaken.
The requirement for federal agencies to report crypto holdings could enhance transparency and influence future digital asset policies. The post White House official confirms Bitcoin, crypto holding reports are due tomorrow appeared first on Crypto Briefing.
With XRP down 39% since January, legal uncertainty, ETF prospects, and a looming global trade war weigh heavily on investor sentiment.
Bitcoin dropped below $80,000 on Sunday, falling over 3% in just two hours.
While stock markets are experiencing a historic loss, Bitcoin is losing ground and has fallen below 80,000 dollars. This decline, far from being trivial, reignites the debate about its safe haven function.
Ki Young Ju, the CEO of Cryptoquant, stated this weekend that bitcoin's bull cycle has concluded, citing a growing divergence between realized cap and market cap as evidence of a bear market.
Trump's latest tariffs have rattled global markets, with one analyst suggesting the president is following his Art of the Deal playbook.
Though technical and macroeconomic pressures are starting to build, Bitcoin has been maintaining key levels. After several unsuccessful attempts to break above the 200 EMA, which is located around $85,344, Bitcoin is currently exhibiting signs of weakness at $82,870.
The markets are getting smashed across the board this week after Bitcoin, Ether, XRP, the S&P 500, and the Dow Jones all dropped hard in the same breath. The crash followed a violent sell-off in U.S. equities tied directly to President Donald Trump's new global tariffs, which kicked in just days ago.
Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, sounded the alarm on Bitcoin address poisoning attacks, a social engineering scam that uses similar addresses from a victim's transaction history to fool them into sending funds to the malicious address.According to Lopp's Feb 6 article, the threat actors generate BTC addresses that match the first and last digits of addresses from the victim's transaction history. Lopp analyzed the Bitcoin blockchain history for this type of attack and found: "The first such transactions did not appear until block 797570, July 7, 2023, which had 36 such transactions.
Ethereum price plunged below $1,600 over the weekend as BTC's slide ignited sharp liquidations across major altcoins, including ETH. Ethereum (ETH) dips below $1,700 as BTC Weakness Spreads to Atcoin Markets Ethereum (ETH) sharply turned bearish over the weekend as bearish headwins from the US trade war extended towards the crypto sector.
Bitcoin price took a major hit to fall as low as $78,000 for the first time since the middle of March. There is speculation that the worst is yet to come for Bitcoin with Monday open tipped to herald fresh bearish sentiments.
"Black Monday" is trending on social media platform X as markets continue to react to the Trump tariff announcement.
fell below the $79,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump's restrictive global tariffs.
While bitcoin maintained its footing on Friday, hovering above the $84,000 threshold, the digital currency descended below the $80,000 mark by Sunday, erasing $4,600 in value over the course of the weekend. Bitcoin's Sunday Decline Triggers Deep Losses Across Digital Assets By Sunday evening, just before 5 p.m.
Bitcoin price dropped sharply over the weekend, declining 7% to a 25-day low amid rising trade tensions and fading market liquidity. Bitcoin trades $80,000 first time in 25-days as Trade Tensions worsen Bitcoin price fell sharply over the weekend, declining 7% to hit a 25-day low of $79,000 on Sunday, April 6.