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Bitcoin bulls defend $80K support as ‘World War 3 of trade wars’ crushes US stocks

cryptoweekly by cryptoweekly
April 4, 2025
in bitcoin, News
0

Bitcoin bulls aim to hold the $80,000 level to prevent BTC from following the record-breaking losses seen across US equities markets.

Bitcoin (BTC) price dodged the chaotic volatility that crushed equities markets on the April 4 Wall Street open by holding above the $82,000 level.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed erratic moves on Bitcoin’s lower timeframes as the daily high near $84,700 evaporated as BTC price dropped by $2,500 at the start of the US trading session.

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Recent Posts
  • Is Bitcoin about to go parabolic? BTC price targets include $160K next
  • AI's GPU obsession blinds us to a cheaper, smarter solution
  • Why crypto’s next breakthrough could start in the classroom — Animoca’s Yat Siu
  • Institutional investors continue to scoop up Bitcoin above $100K
  • Senator Tim Scott slams partisan politics for failed stablecoin bill
  • TapSwap on Telegram: Is it legit or a scam?
  • Gemini to launch crypto derivatives in Europe with new license

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