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Bitcoin falls toward $80K and prints ‘death cross’ as US stocks mimic 2020 COVID-19 crash

cryptoweekly by cryptoweekly
April 3, 2025
in bitcoin, News
0

Bitcoin’s pre-reciprocal US tariff gains evaporated as the S&P 500 prints intra-day losses not seen since the height of the COVID-19 sell-off in mid-2020.

Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets.

BTC/USD 4-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView confirmed the first trip below $82,000 for BTC/USD since the start of the month.

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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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