Bitcoin Price Crashes Below $80K in Anticipation of ‘Bloody' Monday Open for Stock Markets
Bitcoin drops below $80,000, triggering a liquidation cascade of around $600 million in hours.
Keep up with what's happening in the crypto world in real-time.
Bitcoin drops below $80,000, triggering a liquidation cascade of around $600 million in hours.
By 3 p.m. ET on April 6, 2025, bitcoin ( BTC) had dipped further to $78,639, deepening its retreat from recent peaks and indicating a market still gripped by caution. This added pullback builds on the morning's downturn, hinting at dwindling momentum as Wall Street prepares to reopen Monday.
Bitcoin, the world's largest cryptocurrency by market value, was down by around 5% at $78,892.92 at 1855 GMT on Sunday.
As Bitcoin (BTC) consolidates above $80,000 amid a broader equity market sell-off, a renowned cryptocurrency analyst has shared a cautiously optimistic outlook for the asset this April.
The dip comes as international markets begin to reopen following a weekend where President Trump gave no signal he's backing down on tariffs.
Bitcoin (BTC) turned up volatility into the April 6 weekly close as fears of a stock market crash contrasted with bullish BTC price targets. BTC/USD 1-hour chart.
Bitcoin's price receded by 2.6% today, dipping below the $81,000 mark in a subtle yet thought-provoking shift. This pullback may serve as a cryptic overture to Monday's Wall Street open, stirring quiet apprehension among market participants.
A similar attack caused an Ethereum user to mistakenly send $71 million to a hacker last year, though the sum was later recovered.
Veteran economist Alasdair Macleod has opined that shorting Bitcoin is the most profitable way to navigate this bear market.
Bitcoin's hashrate has soared to unprecedented heights, hitting an astonishing 900 exahash per second (EH/s) as of April 6. 900 EH/s Milestone: Bitcoin's Security Fortress Grows Stronger Merely a day earlier, at block 891,072, the network's difficulty adjusted upward from 113.76 trillion to 121.51 trillion—a striking 6.81% leap.
Bitcoin is facing critical selling pressure amid ongoing macroeconomic uncertainty, with bulls unable to reclaim the $90,000 level and bears repeatedly failing to break below the $81,000 support. The market remains caught in a tight range, reflecting broader investor caution as global financial conditions remain unstable.
In a surprising turnaround from his recent bearish outlook, popular Bitcoin veteran Davinci Jeremie has issued a bold prediction for Solana (SOL), suggesting the crypto asset could experience a staggering twenty-fold price surge during the current market cycle.
Former BitMEX co-founder Arthur Hayes has outlined a scenario in which the Federal Reserve's monetary policy could drive Bitcoin to the unprecedented price of $1 million per coin.
The slowing Tether reserves and inability of capital to drive Bitcoin prices higher meant a bearish market outlook was warranted.
BTC fell 11.7% in Q1 2025, its weakest first quarter since 2015, as investors sold into economic uncertainty.
The cryptosphere observes an enigmatic yet significant event: the 50th birthday of Satoshi Nakamoto, the elusive creator of the Bitcoin network.
Most notable for his book “Rich Dad Poor Dad”, Robert Kiyosaki, an investor and educator in the finance industry, has taken to X, formerly Twitter, to share his thoughts on the current state of the market.
The charts are showing warning signs, and traders are getting nervous. A big move could be just around the corner.
While United States equities took a historic beating this week after President Donald Trump's sweeping new tariffs, one major asset class barely flinched—Bitcoin (BTC).
In the last two months, Bitcoin price has plunged by over 23% in a prolonged market correction. Significant portions of this decline have been attributed to a series of new US tariffs announced in February, March, and most recently April.
The publicly traded FAT Brands is now accepting Bitcoin for franchisee royalty payments—and won't rule out other assets or customer payments.
Bitcoin's price is reaching a pivotal moment as it coils within a tightening triangle pattern that could soon resolve in a dramatic breakout. The ongoing consolidation around $80,000 to $85,000 is part of a classic technical setup that can cause strong directional moves in the market.
It's not often that a widely-followed altcoin like XRP enters a stretch of performance so flat and directionless that the only thing really moving is its technical support line — but that is roughly where things stand now, particularly when viewed against Bitcoin.
Short-term holders are taking the brunt of the hit.
