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Bitcoin sags toward $80K as US dollar strength bounces off 12-week low

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

The start of US trade tariffs produces a fresh headache for Bitcoin bulls, with BTC price action increasingly aiming for a rematch with $78,000 lows.

Bitcoin (BTC) stayed volatile at the March 4 Wall Street open as weak crypto markets weighed the impact of US trade tariffs.

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

Data from Cointelegraph Markets Pro and TradingView showed new local lows of $82,037 for BTC/USD on Bitstamp.

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Recent Posts
  • New York AG urges Congress to bolster protections in crypto bills
  • US sanctions crypto wallet tied to ransomware, infostealer host
  • 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

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