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Bitcoin News
Coinjournal
1w
351
Bitcoin crashes 10% as crypto market wipes out $1.3 trillion in value since January
- Bitcoin's sharp decline over the weekend has put the broader cryptocurrency market on edge, with traders now gauging the fallout from Donald Trump's proposed global tariffs and the potential for further losses.
- The leading digital asset fell below $77,000, marking a drop of more than 10 percent from its record high of almost $90,000 just a week earlier.
- The broader concern is whether the current correction signals a deeper crisis for digital assets tied to mounting macroeconomic pressures.
- The fall in bitcoin's price has resulted in a loss of $1.3 trillion in the crypto market since January, raising concerns about the impact of Trump's tariff policies and the potential for a global trade shock and recession-like conditions.
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21 Likes
Pymnts
1w
377
Image Credit: Pymnts
From Fringe to Financial Infrastructure: How Blockchain Became Bankable
- Blockchain technology is maturing and its potential for compliant, mainstream use is growing.
- Stablecoins have played a significant role in transforming blockchain from a niche technology to a mainstream component of financial infrastructure.
- Challenges remain around global policy frameworks and the integration of concurrent advances such as artificial intelligence into on-chain ecosystems.
- Efforts have been made to combat the use of cryptocurrencies and stablecoins for illicit activities, resulting in a decline in associated transactions.
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22 Likes
TronWeekly
1w
197
Image Credit: TronWeekly
Bitcoin’s Death Cross Returns: Why Even Whales Are Panicking
- A bitcoin whale incurred a loss of $2.53 million after panic-selling 778.5 BTC on Binance.
- $1 billion was liquidated from the crypto market in the last 24 hours, with Bitcoin falling below $77K and altcoins losing over 14%.
- Bitcoin's death cross, with the 50-day SMA dipping below the 200-day SMA, indicates a potential shift from bullish momentum to bearish.
- Recession fears and tariffs have contributed to the market downturn, with the Fear & Greed Index at 23 signifying extreme fear.
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11 Likes
Coinpedia
1w
218
Image Credit: Coinpedia
Why the Crypto Market is Going Down: Bitcoin, Ethereum, & Altcoins Hit by Trump Tariffs
- The cryptocurrency market has dropped by approximately 11.32% since the start of April 5, with a decline of over 7.16% during the weekend alone.
- Bitcoin has plummeted by over 9.5% and Ethereum by 17.3% in the last 24 hours.
- Altcoins, including XRP, BNB, and Dogecoin, have also suffered significant declines, with XRP dropping by 20.5% and Dogecoin by 19% in the last 24 hours.
- The market decline is attributed to the aggressive trade tariff policy by the Trump administration, causing global market panic and economic instability.
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13 Likes
Coinpedia
1w
73
Image Credit: Coinpedia
Crypto Fear & Greed Index Crashes to 17 as Bitcoin Tanks to $75K
- A wave of fear has swept across the crypto world as Bitcoin and altcoins nosedive, sending shockwaves through investors.
- The crypto sell-off was triggered by rising fears of a global tariff war, dragging Bitcoin down over 9% and major altcoins down up to 14%.
- The Fear and Greed Index dropped into “extreme fear” at 17 as Bitcoin tumbled to $75,000, causing the total crypto market cap to drop nearly 10% to $2.4 trillion.
- Federal agencies are expected to reveal their crypto holdings, and a strong disclosure could spark a much-needed relief rally.
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4 Likes
TheNewsCrypto
1w
179
Image Credit: TheNewsCrypto
Will Cardano (ADA) Survive the Crypto Market Meltdown Triggered by Global Tariffs?
- Cardano (ADA) has experienced a significant drop in price, falling to $0.5511, close to its November 2024 low.
- The recent tariffs imposed by the U.S. have triggered a sell-off, affecting Cardano and the broader crypto market negatively.
- ADA is currently priced at around $0.5574 with a market cap of $19.66 billion.
- Technical indicators suggest a bearish trend for Cardano, with potential support around $0.48 to $0.50 and a possible death cross formation.
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10 Likes
Coindoo
1w
30
Image Credit: Coindoo
Bitcoin Price Action Hour by Hour (6th April – 7th April, 2025)
- Bitcoin experienced significant price fluctuations between April 6th and April 7th, 2025.
- The price hit a high of over $83,000 and dipped to around $74,000.
- The drop in value can be attributed to market corrections, shifts in investor behavior, and global financial trends.
- Bitcoin's price declined steadily, indicating a bearish sentiment during the analyzed hours.
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1 Like
Coin Telegraph
1w
42
Image Credit: Coin Telegraph
Tried automating crypto trades with Grok 3? Here’s what happens
- Grok 3, an AI model from xAI, offers automated crypto trade capabilities, adjusting predictions based on real-time data patterns and sentiment analysis.
- Backtesting strategies with historical data is crucial for refining conditions and improving performance, although human oversight remains necessary in volatile markets.
- Grok 3's flexible design allows it to analyze diverse data sources, identify market sentiment trends, recognize hidden patterns, and provide flexible analysis based on prompts.
- Traders use Grok 3 to create automated systems that can scan price action, trigger trades, write portfolio rebalancing scripts, and simulate positions under varying conditions.
- Grok 3's response to prompts can generate structured outlines for high-frequency trading bot frameworks tailored to specific tokens and strategies.
- Setting up Grok 3 for AI-powered crypto trading automation involves choosing a compatible platform, integrating with third-party tools, defining trading strategies, backtesting, implementing risk management controls, and ongoing monitoring.
- Despite its strengths, Grok 3 has limitations including data loss, lack of direct exchange integration, forgetfulness, bias, slower execution speed, and prompt dependence.
- Traders should exercise caution when relying on AI systems like Grok 3 for automated trading, ensuring data quality, strategy testing, and human oversight to mitigate risks and adapt to market shifts.
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2 Likes
Coinjournal
1w
257
EC vs Ripple case pressures XRP price ahead of April 10 meeting and CPI release
- The Securities and Exchange Commission (SEC) is expected to hold a closed meeting on April 10 to discuss the case against Ripple Labs.
- XRP's price has been significantly affected by the uncertainty surrounding the SEC's appeal.
- XRP has dropped 39% since January, with a sharp 10.38% decline on April 6.
- The reintroduction of US trade tariffs and global macroeconomic pressures have further weighed on XRP's price.
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15 Likes
TechJuice
1w
38
Bitcoin Slides 10% as Global Markets React to Trump’s Tariff Bombshell
- Bitcoin's price has dropped nearly 10% following Trump's announcement of global tariffs.
- The cryptocurrency fell to around $77,500, marking a 7% plunge in 24 hours.
- The total decline of nearly 10% since the tariffs were unveiled.
- This downturn is attributed to increasing investor anxiety following the tariffs and its impact on global equity markets.
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2 Likes
Coindoo
1w
318
Image Credit: Coindoo
Crypto Market is Bleeding – Bitcoin Drops Below $77,000
- The sudden market downturn comes as investors react to the economic uncertainty sparked by the new trade restrictions, resulting in significant losses across the crypto sector.
- Bitcoin, the leading cryptocurrency, saw its value plummet by 7.75% to $76,800, with its market cap shrinking to $1.52 trillion.
- Ethereum faced a significant blow, shedding 14.5% of its value to trade at $1,544.
- The increased volatility also triggered widespread liquidations, totaling over $1 billion in the past 24 hours.
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19 Likes
Coin Telegraph
1w
235
Image Credit: Coin Telegraph
Ethereum whale liquidated for $106M on Sky amid crypto bloodbath
- An Ether investor on Sky lending platform has been liquidated for over $100 million as the price of Ether crashed.
- The investor lost 67,570 ETH when the asset crashed by around 14% on April 6, liquidating the collateralized debt position on Sky.
- The Sky lending protocol uses overcollateralization ratio and automatically liquidates positions if the collateral ratio falls below the minimum requirement.
- Over the past 24 hours, ETH prices have fallen 14.5%, with many DeFi users at risk of being liquidated unless they provide more collateral.
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14 Likes
Coinpedia
1w
385
Image Credit: Coinpedia
‘Black Monday’ Strikes the Crypto Market as Bitcoin Plunges Below $77,000—Has the Bear Market Begun?
- 'Black Monday' strikes crypto and global stock markets as tariffs and reciprocal tariffs escalate, leading to a second-day 10% drop.
- Crypto market becoming more centralized with major companies holding large amounts of BTC, raising concerns of correlation with stock markets.
- Bitcoin's price in real danger as it tests key support levels, signaling a potential bear market and triggering fears of a further plunge.
- Extreme fear in the market, suggesting holding as a strategy rather than panic selling, while awaiting improved conditions for Bitcoin's rebound.
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23 Likes
Cryptonews
1w
222
Image Credit: Cryptonews
Analysts Discuss Trump Tariff Fallout for Crypto, Remain Divided Over Future Direction
- Market sentiment remains fearful after Trump’s tariff announcements, with analysts split on whether the bottom is in or more pain is ahead.
- Raoul Pal of RealVision remains bullish despite the chaos, suggesting investors prepare cash to “buy the dip” as he believes the bull market is far from over.
- Asian and Australian markets opened deep in the red on Monday, with Taiwan’s index dropping nearly 10%, the Nikkei falling 7.35%, and ASX 200 losing 4%.
- Bitcoin and Ethereum ETFs continue to see outflows, with Ether funds experiencing three consecutive days of net outflows totalling US$58.5 million and Bitcoin funds losing US$164.7 million on Thursday and Friday.
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13 Likes
TronWeekly
1w
4.1k
Image Credit: TronWeekly
Trump’s Tariffs May Boost Bitcoin and Crypto Markets
- Trade wars and inflation risks from Trump’s tariffs could drive greater adoption of Bitcoin and cryptocurrencies.
- Global debt and trade imbalances may trigger stagflation and destabilize the financial system, according to Ray Dalio.
- Trump's strategy of lowering interest rates by shaking markets could boost crypto and risky asset values.
- Increased economic uncertainty due to trade disputes may lead to higher demand for Bitcoin as governments resort to inflationary tactics.
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15 Likes
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