A widely followed crypto analyst says that Bitcoin (BTC) appears primed to move a leg up as its technical indicators remain bullish despite its most recent downtrend.

Shanghai-based Cango has signed definitive agreements to sell its China operations for $351.94 million in cash, marking a strategic shift towards cryptocurrency mining. Ursalpha Digital Limited, a British Virgin Islands-registered entity, will acquire Cango's PRC business.

On April 3, yields on long-term US government debt fell to their lowest levels in six months as investors reacted to growing concerns over the global trade war and the weakening of the US dollar. The yield on the 10-year Treasury note briefly touched 4.0%, down from 4.4% a week earlier, signaling strong demand from buyers.

Technical indicators alongside macro-economic factors are prompting analysts to predict further downward momentum for the SPDR S&P 500 ETF Trust (NYSE:SPY) and Bitcoin (CRYPTO: BTC). What Happened: In a podcast on Thursday, prominen analyst Benjamin Cowen warned that the S&P 500's decline could extend into April, resembling past market downturns that have had ripple effects across both equities and crypto.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Bitcoin continues to hover near the $82,000–$85,000 range as buyers struggle to regain momentum, while key on-chain data hints at interesting underlying dynamics.

Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report by The Miner Mag. Cango agreed to sell its legacy Chinese auto financing business to Ursalpha Digital Limited in a $352 million deal, according to the report.

The US markets are experiencing one of the massive pullbacks, with major stocks plunging by a huge margin. The crypto markets also heated up, recording more than $500 million in liquidation. The bearish waves rolled out within the markets due to Trump's tariffs impacting the global markets.

Bitcoin (BTC) may be on the verge of entering a bearish trend based on a historic market pattern signal, according to digital asset analytics firm Glassnode. Glassnode says that the one-month and six-month volume-weighted average price (VWAP) metrics are signaling that Bitcoin may enter a months-long downtrend.

How are the charts looking after this sharp drop? Here's an overview of the most relevant technical signals for Cardano, Ethereum (ETH), and Bitcoin (BTC) charts.

Bitcoin (BTC) and US stock markets all sold off sharply after US President Donald Trump shook up financial markets by announcing a list of reciprocal tariffs on several countries. On April 3, the S&P 500 saw a 4.2% drop at market open, its most significant single-day decline since June 2020.

Genius Group, an AI-driven education company, announced it must sell its Bitcoin holdings after a U.S. court order blocked the company from selling shares, raising funds, or purchasing Bitcoin. The U.S.

Despite the "Death Cross" signal, Bitcoin bulls remain hopeful for a potential rebound.

Cryptocurrency traders on social media are debating whether a hypothetical Harris presidency may have been a better long-term outcome for the sector, given the poor performance of cryptocurrencies since President Trump took office. What Happened: Pseudonymous trader Pickle outlined a "what-if" scenario in a post on X on Thursday, comparing how cryptocurrencies would have performed if Kamala Harris had won the presidency.

Crypto analyst Titan of Crypto has provided a bearish outlook for the Bitcoin price, predicting it could drop below $60,000. This comes amid Donald Trump's announcement of reciprocal tariffs, which could trigger this price crash.

In its most recent report, banking giant JPMorgan has noted that Bitcoin's "digital gold" narrative is falling apart due to the high level of correlation between the leading cryptocurrency and U.S. equities.

Bitcoin's $65,000-$71,000 support zone is crucial for stabilizing prices, with long-term investors likely accumulating.

Market volatility underscores the fragility of global economic stability, with potential long-term impacts on investor confidence and trade relations. The post Bitcoin drops 5% as Trump tariffs stoke trade war, recession fears appeared first on Crypto Briefing.

Bitcoin plunged after U.S. President Donald Trump announced a minimum of 10% tariffs of U.S. trading partners, stoking recession fears. Plus stablecoin legislation advances to the U.S. House of Representatives.

The group's director of business development, a speaker at this year's Consensus festival, says bitcoin miners are expanding into bitcoin pooling, hashrate hedging, AI and HPC.

Market analysts say President Donald Trump's newly announced global tariff regime is already reshaping investor sentiment, triggering sharp corrections across risk assets—including crypto. While digital currencies initially showed some resilience, experts caution that they remain exposed to broader macroeconomic shocks.

Gold continued to notably outperform so-called "digital gold."

The index of the 2000 biggest US companies, Russels 2000, is down 6% today while the Nasdaq stock index is down 4.5%.

The cryptocurrency market took a nosedive Thursday, with Bitcoin and its digital cousins feeling the heat after President Donald Trump dropped a surprise tariff bombshell that rattled investors worldwide.

Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets. BTC/USD 4-hour chart.

Dorsey has confirmed the Block is working on brining Bitcoin payments to some of its offerings.

From bitcoin as a capital preservation tool to some targeting a move toward the $70,000 level, here's how traders are reacting to U.S. tariffs.

The US markets are facing one of the biggest crashes, with over 4% loss in the SPX, which is extremely huge. Over $2 trillion has been wiped out of the markets as the Dow lost over 1500 points on the day.

The leading digital asset fell sharply after Trump's Wednesday tariff announcement and has since been languishing below $82K. BTC Dives as Trump's Tariffs Roil Markets President Donald Trump announced aggressive new U.S. tariffs on more than 100 countries on Wednesday afternoon, sending bitcoin ( BTC) plunging to $81K from yesterday's high of more than $88K.

Prominent crypto trader Tony “The Bull” hinted that Bitcoin is on the verge of forming a “Death Cross,” a signal that often worries traders. This pattern occurs when the 50-day moving average drops below the 200-day moving average, often seen as a bearish sign.

After the tariff announcement by United States President Donald Trump, the overall cryptocurrency market witnessed a massive sell-off. Amid this, Bitcoin (BTC), the world's largest cryptocurrency by market cap, sank over 6%, turned bearish, and is now poised for a significant price decline.

Some days, the market makes sense. Other days, it looks like two completely different stories unfolding at once.

Babylon Bitcoin stakers will receive 6% of BABY's 10 billion supply as a reward for early participation.

Investors' unease in the crypto market mirrored a tumultuous trading session on Wall Street, with Bitcoin, Solana, and other assets falling.

Global banking giant Standard Chartered published new five-year price projections for three leading cryptocurrencies: Avalanche (AVAX), Bitcoin (BTC), and Ethereum (ETH). According to these forecasts, Avalanche is poised to gain significant ground on both Bitcoin and Ethereum by 2029.

Bitcoin‘s price surge on Wednesday to the $87,000 threshold has reignited bullish sentiment in the market. However, the flagship asset's renewed upward strength has briefly weakened, dropping to the $85,000 level.

One in five American adults own crypto, with 76% viewing it as having a positive impact on their lives, according to a report conducted by the National Cryptocurrency Association. What Happened: The 2025 State of Crypto Holders Report surveyed 54,000 respondents between late January and early February 2025, showing that 49% of respondents cite increased financial independence as a benefit of cryptocurrency.

After a shaky start to 2025, newly listed tokens on crypto exchanges are defying broader market gloom, delivering stronger returns than traditional IPOs and outperforming benchmarks like gold, stocks—and even Bitcoin (BTC).

Can BitCoin be “trusted”? Will anyone accept bitcoins as payment?

How are Grayscale's two new Bitcoin ETFs planning to reshape the market?

Bitcoin mining firm MARA released robust production numbers for March 2025, with 829 BTC produced last month. This represents a 17% gain over February when 706 BTC was produced.

Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements to sell its China-based operations to Ursalpha Digital Limited for $351.94 million, accelerating its focus on global bitcoin mining. Cango Sheds PRC Operations to Fuel Mining Ambitions Cango's (NYSE: CANG) cash deal includes an initial payment of $210.

Bitcoin Magazine Post Wook: Surreal and Immersive Art on Bitcoin & the Future of Digital Expression Dennis Koch interviews Post Wook, an artist who will showcase her work at the Bitcoin 2025 conference in Las Vegas. This post Post Wook: Surreal and Immersive Art on Bitcoin & the Future of Digital Expression first appeared on Bitcoin Magazine and is written by Dennis Koch.

President Trump's ‘Liberation Day' tariffs yesterday wiped roughly $140 billion from the cryptocurrency market within a matter of hours. Notably, the announcement of the new duties being imposed caused an immediate sell-off from short-term Bitcoin (BTC) holders.

TL;DR Arthur Hayes warns that Bitcoin must stay above $76,500 until April 15 to avoid greater instability and potential declines. BTC fell to $82,000 after the new U.S. tariffs, while Ethereum dropped to $1,797. Uncertainty continues to impact the market.

President Donald Trump has formally invited El Salvador's President Nayib Bukele for an official meeting at the White House on April 14. Bukele confirmed the development in an April 3 post on X, formerly Twitter, where he revealed that the invitation came directly from the US President on April 1.

Welcome to the US Morning Crypto Briefing—your essential rundown of the most important developments in crypto for the day ahead.

The crypto market continues its strong downward trend as the fear and greed index slumped following Donald Trump's “Liberation Day” speech. Bitcoin (BTC) crashed by 3.5% in the last 24 hours as it approached the crucial support at $80,000.