Bitcoin Continues To Weaken Below The $80,000 Mark
The Bitcoin (BTC) price fell to a low of $74,501 on April 7.
Keep up with what's happening in the crypto world in real-time.
The Bitcoin (BTC) price fell to a low of $74,501 on April 7.
Stocks and cryptocurrencies have been punched hard amid fears of economic fallout from President Donald Trump's sweeping tariff measures. Even so, Bitcoin, the world's largest cryptocurrency by market capitalization, has fared better than some of Wall Street's tech behemoths.
Bitcoin could begin to take market share from gold over the next decade as a hedge against inflation and geopolitical uncertainty, according to Blockstream CEO Adam Back.Speaking during a fireside chat with Cointelegraph managing editor Gareth Jenkinson at Paris Blockchain Week 2025, Back said rising inflation and monetary instability across global economies will drive broader Bitcoin (BTC) adoption. He compared the cryptocurrency to gold, noting its scarcity and growing recognition as a store of value despite its 30% correction from its all-time high above $109,000.
The People's Bank of China is allowing a free float on the yuan, a move that may fuel a rapid breakout of Bitcoin price.
Anziani also spoke about crypto.com's evolution, the Trump deal, and more.
BlackRock CEO Larry Fink issued a stark warning about the US economy, saying that the country is likely already in a recession. Since the start of April, 2025, the S&P 500 index has declined by 10.11%. Currently, it sits at $5,062.24. Fink predicts that the stock market could fall another 20%.
The downfall of Mount Gox, once the biggest cryptocurrency exchange, is a lesson in what can go wrong. It took 10 years after the platform's collapse for creditors to start getting their compensation.
Crypto and financial markets, in general, are reeling from renewed volatility and mounting geopolitical pressure. As a result, speculation is intensifying around whether the Federal Reserve (Fed) will pivot back toward Quantitative Easing (QE).
Bitcoin recovers to near $80,000 after four-month low as Trump's impending tariffs continue to create uncertainty in cryptocurrency markets.
Crypto Market Update: Bitcoin, Ether, and other altcoin prices have embarked upon a significant upward trajectory following the recent volatility stirred due to Donald Trump's tariffs. BTC price witnessed a 6% uptick in the past 24 hours, closing in at the $79K level.
A single false report about Trump's tariff plans caused a $2.4 trillion market swing and Bitcoin to briefly hit $80,000 before crashing.
Bernstein analysts argue that Bitcoin's current drawdown has been much more resilient than those during previous crises.
For many crypto investors, it might seem impossible that Bitcoin (BTC 4.22%) could come roaring back to life and skyrocket higher in 2025. After all, Bitcoin is down almost 30% from an all-time high of $109,000 in January, and the intensifying global trade war threatens to cut any nascent crypto rally short.
Following a disastrous Black Monday, the Bitcoin price has surged past $80k, reigniting optimism across the crypto market. While BTC's dip below $75k sparked widespread anxiety, the crypto's resurgence has invoked enthusiasm and confidence.
Given the huge turmoil experienced in traditional markets during the last few days, Bitcoin (BTC) has shown hints of strength, and did not fall precipitously as might have been expected of a risk asset. However, it did dip under $75,000 before recovering.
The total crypto market cap has added over $100 billion since yesterday's low.
With China threatening strong retaliation against Trump's tariff demands, Bitcoin might be primed for a breakout, following its history of thriving amid geopolitical turmoil.
Popular quant analyst PlanB says that one key indicator suggests a Bitcoin (BTC) bull market is now forming. In a video update, the pseudonymous analyst tells his 209,000 YouTube subscribers that a combination of 200-week means suggests Bitcoin may soon enter an explosive uptrend based on historical precedent.
Bitcoin bounced back to flirt with the $80K level during Tuesday's early hours, taking advantage of the favorable session experienced by the major Asian bourses despite the tariff menace. Other assets like ether, XRP, and solana also recovered, but tariff risks may continue to affect market performance in the coming days.
James Murphy, an American lawyer, has taken legal steps to learn whether a federal agency once met with people behind the creation of Bitcoin BTC.
Bitcoin stabilizes at $74K with support from 50,000 BTC holders. What's next on the cards for BTC?
On-chain data shows the Bitcoin Hashrate has shot up to a new all-time high (ATH), despite the fact that BTC has continued its bearish trajectory.
Crypto analyst Michael van de Poppe, based in Amsterdam, has published a tweet to comment on Bitcoin's recent attempt to surge back above the $80,000 level. The attempt has not been successful yet, and BTC has been pushed back to the $79,400 zone.
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.
