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news-imageApril 6, 2025

Bitcoin Ditches The Pack: Risk Assets Down, BTC Holds Steady

Bitcoin has maintained its price above $80,000 despite a massive sell-off in US stocks last week, sparking debate about its changing relationship with traditional risk assets. Related Reading: Bitcoin's Safe, Saylor Says, While Trump Waves The Tariff Sword Bitcoin Holds Ground While Stocks Tumble The US stock market lost $2.85 trillion on April 3, followed by another staggering drop of $3.25 trillion by the end of Friday's trading session.
Publisher: NewsBTC
Sentiment: Positive
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Bitcoin Dips Below $75K As Markets Tremble: What's Going On?

Bitcoin prices fell below $75,000 on Monday, April 7, the lowest since mid-March as investors reacted to US-China trade relations tensions escalating. The digital currency shed about 6% in 24 hours, CoinMarketCap data revealed, as part of a broader sell-off across both crypto and traditional markets.

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Bitcoin Could Test $70K Amid Fears Of 'Black Monday' Panic, Says Analyst Van de Poppe, As Global Markets Slide On Trump Tariff Shock

Renowned cryptocurrency analyst Michaël van de Poppe warned Monday that Bitcoin (CRYPTO: BTC) could test the $70,000 level amid what he described as “Black Monday” panic selling, as global markets experience their worst selloff since March 2020. What Happened: “Black Monday, Bitcoin back to the lows,” van de Poppe wrote on X.

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