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Bitcoin price drops below $80K as stocks face 1987 Black Monday rerun

cryptoweekly by cryptoweekly
April 6, 2025
in bitcoin, News
0

BTC price predictions diverge from stocks as Bitcoin shows surprising resilience to market downside over US trade tariffs — traders see that continuing next week.

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. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping below $80,000 on the day, down 3% since the start of the week.

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Bitcoin falls below $80K — Will PI, OKB, GT and ATOM outperform BTC and altcoins?

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Recent Posts
  • SEC approves conversion of Grayscale's large-cap crypto fund into ETF
  • SOL ETF news gain evaporates, while chart warns of another 20% drop
  • Bitcoin at risk of deeper drop as BTC slips below key support levels
  • US regulator considers simplified path to market for crypto ETFs
  • Connecticut governor approves law prohibiting crypto use in government
  • Bitcoin analysts say market quickly absorbs selling, paving way for a bullish July
  • Connecticut Governor signs bill banning public officers from using BTC and other crypto assets

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