"Black Monday" is trending on social media platform X as markets continue to react to the Trump tariff announcement.
Ethereum just suffered one of its worst daily drops in recent months, plunging below key support levels. With the broader crypto market in freefall and heavy outflows hitting exchanges, what's next for ETH?
fell below the $79,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump's restrictive global tariffs.
While bitcoin maintained its footing on Friday, hovering above the $84,000 threshold, the digital currency descended below the $80,000 mark by Sunday, erasing $4,600 in value over the course of the weekend. Bitcoin's Sunday Decline Triggers Deep Losses Across Digital Assets By Sunday evening, just before 5 p.m.
Bitcoin price dropped sharply over the weekend, declining 7% to a 25-day low amid rising trade tensions and fading market liquidity. Bitcoin trades $80,000 first time in 25-days as Trade Tensions worsen Bitcoin price fell sharply over the weekend, declining 7% to hit a 25-day low of $79,000 on Sunday, April 6.
Ethereum market dominance has reached a five-year low, dropping to below 9.4% at the time of writing. The number-two crypto faces mounting challenges in maintaining its position as the King of altcoins in the rapidly evolving digital asset space.
Ethereum is down 55% from its December high, reflecting the broader weakness that has hit the crypto market amid escalating global uncertainty. Much of the recent pressure comes from US President Donald Trump's aggressive tariff policies and unpredictable economic stance, which have rattled investor confidence and driven a risk-off sentiment across financial markets.
Bitcoin Magazine Strategy CEO Makes the Case for Corporate Bitcoin Adoption in MIT Keynote Strategy CEO Phong Le makes the case for corporate Bitcoin adoption and explains how it helped MSTR outperform every major market benchmark. This post Strategy CEO Makes the Case for Corporate Bitcoin Adoption in MIT Keynote first appeared on Bitcoin Magazine and is written by Nick Ward.
Bitcoin fell below the $80,000 mark on Sunday as investor sentiment weakened across global markets. The move came alongside a spike in daily liquidations, which totaled $590 million.
Last week, Bitcoin (BTC) began showing early signs of decoupling from the US stock markets. Bitcoin was relatively flat over the week, while the S&P 500 plunged by 9%.
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.
Cryptocurrency prices were mixed last week after President Donald Trump announced his reciprocal tariffs and Federal Reserve Chairman Jerome Powell warned about stagflation.
The price of Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has collapsed by 10%, according to data provided by CoinGecko.
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.
The price of Ethereum has been bouncing back and forth between the $1,750 support and the $2,100 resistance as shown by the moving average lines.
Both assets have actually retraced in the past 24 hours.
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.
XRP moved 275,000 tokens during Bitcoin's stagnation, signaling potential market shift or upcoming sell-offs.
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.
The leading cryptocurrency exchange, Coinbase, is seeking to explore the possibilities of introducing an XRP futures contract to its customer base. In an announcement on X, formerly Twitter, Coinbase derivatives disclosed that it had filed to self-certify XRP-based futures.
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.
XRP holds steady at $2.05, with a market capitalization of $119 billion and a 24-hour trading volume of $1.87 billion. Over the past day, it has fluctuated between $2.05 and $2.16, while the weekly range spans from $1.97 to $2.19.
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.
Blockchain firm Ripple has called on UK policymakers to seize the moment and position the country as a global leader in digital assets.
Ripple's decline has stalled at the critical $2 support level, with price action remaining subdued. This suggests low market activity, leading to a short-term consolidation phase.
Bitcoin has been consolidating above the crucial $80K support level, going through substantial uncertainty. However, this range is expected to hold, potentially leading to a bullish reversal.
Ethereum prices rounded the first quarter of 2025 down by half: -45% from $3,330 on Dec. 31 to $1,824 on Mar. 31. A massive UK bank expects the altcoin to reach $10,000 by 2029.
As the cryptocurrency market prepares for what many believe will be a "Black Monday," one of the largest exchanges in the U.S., Kraken, is stunned by a Bitcoin (BTC) transfer worth $159,832,873. According to a message from Whale Alert, 1,928 BTC were recently transferred to Kraken from an unknown wallet with the address "bc1qcp.
When a long-time Bitcoin (BTC) advocate who is known for pushing the $1 million BTC narrative casually floats the idea that China, of all countries, could be preparing to adopt Bitcoin, it's the kind of comment that does not just slip through unnoticed — especially when it's backed up by a mix of current energy strategy, export dynamics and geopolitical tension.
Ethereum continues to disappoint investors as its decline deepens, sparking growing fears of further selling pressure across the market. The second-largest cryptocurrency by market cap has failed to hold key support levels, and analysts are increasingly warning of a potential drop below multi-year lows near $1,750.