Almost $300B Wiped Out of Crypto Markets as Bitcoin Plunged to 5-Month Low (Market Watch)
Many alts have plummeted by double digits in the past day.
Keep up with what's happening in the crypto world in real-time.
Many alts have plummeted by double digits in the past day.
Bitcoin plunges below $78,000 as Trump's global tariff announcement sparks fears of trade war and triggers massive market selloffs across all sectors.
Bitcoin (BTC) is turning back the clock this week as tariff mayhem drags BTC price action toward 2021. Bitcoin is giving up bull market support lines left and right as a new “death cross” completes on the BTC/USD daily chart.
Hayes remains defiant, joking about his credibility while maintaining that quantitative easing will ultimately send Bitcoin skyrocketing.
Strategy's cushion is narrowing, with an average bitcoin cost basis of $67,458.
Defying expert predictions, the Bitcoin price plummeted to a four-month low of $74k. Joining the broader trend of the global financial market, Bitcoin and other cryptocurrencies dipped, capping off an “ugly” Monday.
Jameson Lopp cautioned Bitcoin holders, stressing the recent surge in Bitcoin address “poisoning” attacks, where attackers mimic wallet addresses. The post Emerging Address Poisoning Attack on Bitcoin Blockchain, Casa Executive Warns appeared first on Cryptonews.
Bitcoin has fallen as much as 12% in the past day, falling below the $75,000 threshold amid Asian and European markets plunge in the aftermath of Trump's tariff announcement. According to data from crypto.
In an intervention rich with insights and vision at the prestigious MIT Bitcoin Expo 2024, Michael Saylor, co-founder and executive chairman of Strategy, clearly outlined his thesis in favor of the adoption of Bitcoin by companies. The speech, which attracted the attention of industry experts and cryptocurrency enthusiasts, reinforced Saylor's position as one of the main supporters of using Bitcoin as a corporate store of value. During his keynote, Saylor explained how his company, Strategy, has adopted a unique strategy to tackle inflation: accumulating Bitcoin as a primary asset on its balance sheet. According to the executive, Bitcoin represents an effective solution against the devaluation of fiat currency and the erosion of value over time, a problem that many companies face in managing their cash reserves.
Bitcoin registered prices below $75K on several cryptocurrency exchanges as various markets shed so-called ‘risk assets' in anticipation of the potential effects of a prolonged trade war between the U.S. and its key trade partners, such as China and Europe.
Bitcoin network's hashrate hitting the 1 ZH/s mark for the first time in history amid a massive 8% price dip.
Over $304 million worth of tokens are scheduled for release between April 7-14, 2025 with Aptos at the forefront as per data from Tokenomist.
Since the start of April 5, the cryptocurrency market has dropped by approximately 11.32%. During the weekend alone, the market slipped by over 7.16%. In the last 24 hours, almost all the top cryptos have seen serious declines. Bitcoin has plummeted by over 9.5%, Ethereum by 17.3%, XRP by 20.5%, BNB by 9.
A wave of fear has swept across the crypto world as Bitcoin and altcoins nosedive, sending shockwaves through investors. With the Crypto Fear & Greed Index plunging into extreme fear territory and billions wiped from the market overnight, traders are bracing for what could come next.
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.
Spot Bitcoin exchange-traded funds in the U.S. recorded a negative week once again amid escalating trade tensions following President Donald Trump's announcement of new tariffs, dubbed ‘Liberation Day' duties.
Bitcoin tumbled from $83,000 to $74,000 overnight, triggering over $1.36 billion in liquidations across digital asset markets, according to Coinglass. The sharp correction followed escalating trade tensions, with U.S. President Donald Trump announcing sweeping tariffs on nearly all major trading partners late Friday.
Notcoin (NOT) price has plunged over 12% as Bitcoin drops below $77,000 after a brief resilience following US retaliatory tariffs announced by President Donald Trump on ‘Liberation Day.' This dramatic decline underscores the fragility of smaller cryptocurrencies amid a turbulent economic landscape.
The tariff-sensitive currency has rebounded nearly 100 pips from the Asian session low, suggesting a potential nadir in the selling of risk assets.
A crypto strategist known for making timely Bitcoin calls says he sees a path for BTC to remain in bull territory, amid surging bearish momentum.
The leading coin, Bitcoin, has slipped below the $75,000 mark. As of writing, it is trading at around $74,800, the levels last seen during November 2024.
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.
