No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, October 2, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Bitcoin Dips Below $75K As Markets Tremble: What’s Goin On?

by TheAdviserMagazine
6 months ago
in Cryptocurrency
Reading Time: 4 mins read
A A
Bitcoin Dips Below K As Markets Tremble: What’s Goin On?
Share on FacebookShare on TwitterShare on LInkedIn


Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

Bitcoin prices fell below $75,000 on Monday, April 7, the lowest since mid-March as investors reacted to US-China trade relations tensions escalating. The digital currency shed about 6% in 24 hours, CoinMarketCap data revealed, as part of a broader sell-off across both crypto and traditional markets.

Related Reading

US-China Trade War Triggers Market Panic

The sharp decline comes after US President Donald Trump’s recent imposition of tariff hikes and countermeasures by Beijing. The trade tensions sent shockwaves through world markets, with Wall Street suffering its worst fall since the COVID-19 pandemic. On Friday, April 4, the S&P 500 dropped 6%, the Dow Jones Industrial Average fell 5.5%, and the tech-heavy Nasdaq Composite fell 5.8%.

Bitcoin loses its grip on the $75k handle. Source: Coingecko

Market commentator Charles Gasparino cautioned on Twitter that “Monday is shaping up to be the ultimate pain day,” and that investors should prepare for further selling pressure as markets open this week. That forecast seems to be coming to fruition as Bitcoin is trading between $74,000 and $75,000, far lower than last week’s levels.

Breaking: One major market analyst just told me “Monday is shaping up to be the ultimate pain day.” Another: “Some really nice buys out there particularly in financials.” As they say disagreement makes a market! Story developing

— Charles Gasparino (@CGasparino) April 6, 2025

Ethereum And Altcoins Hit Harder Than Bitcoin

As Bitcoin lost heavily, other cryptocurrencies plunged even deeper. Ethereum, which is the second-largest cryptocurrency, by market cap, lost 13% – more than double the percentage drop of Bitcoin. Other well-known altcoins fell hard as well, with SOL and DOGE losing more than 10% in one day. ADA went down by 10.40%, while XRP and BNB lost 7% and 6%, respectively.

Other top cryptocurrencies fell even deeper as Bitcoin took a beating. Source: CoinMarketCap

The worldwide cryptocurrency market capitalization is currently at $2.62 trillion as the majority of top coins fail to find support. Even with the price decline, Bitcoin’s 24-hour trading volume jumped to $26 billion – an 80% rise over the past 24 hours – indicating strong levels of market activity during the sell-off.

Total crypto market cap currently at $2.38 trillion. Chart: TradingView

Investors Turn To Government Crypto Reserves For Potential Relief

There is a possible silver lining in market chaos. According to Edul Patel, CEO and co-founder at Mudrex, US government agencies will disclose their crypto assets today. “A huge confirmation could lead to a relief rally,” Patel said.

Related Reading

Market sentiment remains weak with the Fear and Greed Index inching towards what experts term “Extreme Fear.” This indicator implies that panicked selling has been controlling recent market trends instead of sound investment choice.

According to market observers’ reports, Bitcoin now has a crucial technical test. “Bitcoin must retake the $80,000 level or it will retest its prior all-time high around $74,000,” Patel further added. This prior all-time high, previously hailed as a milestone, is now a possible support level that traders wish will stop further price declines.

Featured image from Gemini Imagen, chart from TradingView



Source link

Tags: 75KBitcoinDipsGoinmarketsTrembleWhats
ShareTweetShare
Previous Post

Audited Over Crypto? How to Respond Without Digging a Deeper Hole

Next Post

Tired of Feeling Broke? Here 7 Smart Low-Key Finance Advice

Related Posts

edit post
XRP Price Prediction: CTO Exit and Investor Sell Calls Clash With Bullish .70 Target

XRP Price Prediction: CTO Exit and Investor Sell Calls Clash With Bullish $4.70 Target

by TheAdviserMagazine
October 2, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP ended Q3 2025 with a 31%...

edit post
Sui introduces suiUSDe digital dollar token backed by digital assets with Ethena’s support

Sui introduces suiUSDe digital dollar token backed by digital assets with Ethena’s support

by TheAdviserMagazine
October 1, 2025
0

Key Takeaways Sui has introduced suiUSDe, a synthetic dollar stablecoin, on its blockchain. suiUSDe will be backed by digital assets...

edit post
Pi Network arms its testnet with a DEX and AMM for DeFi innovation

Pi Network arms its testnet with a DEX and AMM for DeFi innovation

by TheAdviserMagazine
October 1, 2025
0

Pi Network has rolled out two new capabilities on its testnet, including a decentralized exchange (DEX) and an automated market...

edit post
DEPIN Project Spacecoin Executes First Blockchain Transaction in Low Earth Orbit

DEPIN Project Spacecoin Executes First Blockchain Transaction in Low Earth Orbit

by TheAdviserMagazine
October 1, 2025
0

Spacecoin:- Turns out blockchain and space are long-lost siblings having a very public reunion. Between Justin Sun’s space jaunts and...

edit post
Telegram to Let Users Trade Tokenized U.S. Stocks Directly in Its Crypto Wallet

Telegram to Let Users Trade Tokenized U.S. Stocks Directly in Its Crypto Wallet

by TheAdviserMagazine
October 1, 2025
0

Telegram will soon allow users to trade tokenized U.S. stocks directly within its built-in crypto wallet, following a partnership with...

edit post
XRP Flips Green For First Time Since 2017, Pundit Predicts 500% Rally

XRP Flips Green For First Time Since 2017, Pundit Predicts 500% Rally

by TheAdviserMagazine
October 1, 2025
0

Crypto pundit Mikybull Crypto has revealed that XRP has flipped green for the first time since 2017. Based on this,...

Next Post
edit post
Tired of Feeling Broke? Here 7 Smart Low-Key Finance Advice

Tired of Feeling Broke? Here 7 Smart Low-Key Finance Advice

edit post
Israel can’t escape impact of tariffs

Israel can't escape impact of tariffs

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Market trading guide: Buy Hindustan Zinc, Fortis Health and 2 more stocks for up to 9% gains – Stock Ideas

Market trading guide: Buy Hindustan Zinc, Fortis Health and 2 more stocks for up to 9% gains – Stock Ideas

0
edit post
Biden’s Florida legacy: An economic boom, a magnet for immigrants and a solidly conservative red state

Biden’s Florida legacy: An economic boom, a magnet for immigrants and a solidly conservative red state

0
edit post
Warren Buffett Berkshire Occidental Oxychem

Warren Buffett Berkshire Occidental Oxychem

0
edit post
Shekel gains sharply amid optimism on Trump plan

Shekel gains sharply amid optimism on Trump plan

0
edit post
James Comey Is Not an Innocent Victim of the Lawfare He Helped to Create

James Comey Is Not an Innocent Victim of the Lawfare He Helped to Create

0
edit post
XRP Falls 2.3% As Ripple CTO David Schwartz Exits

XRP Falls 2.3% As Ripple CTO David Schwartz Exits

0
edit post
Biden’s Florida legacy: An economic boom, a magnet for immigrants and a solidly conservative red state

Biden’s Florida legacy: An economic boom, a magnet for immigrants and a solidly conservative red state

October 2, 2025
edit post
James Comey Is Not an Innocent Victim of the Lawfare He Helped to Create

James Comey Is Not an Innocent Victim of the Lawfare He Helped to Create

October 2, 2025
edit post
Warren Buffett Berkshire Occidental Oxychem

Warren Buffett Berkshire Occidental Oxychem

October 2, 2025
edit post
Market trading guide: Buy Hindustan Zinc, Fortis Health and 2 more stocks for up to 9% gains – Stock Ideas

Market trading guide: Buy Hindustan Zinc, Fortis Health and 2 more stocks for up to 9% gains – Stock Ideas

October 2, 2025
edit post
PepsiCo’s new challenge: Making its chips and sodas colorful without artificial dyes

PepsiCo’s new challenge: Making its chips and sodas colorful without artificial dyes

October 2, 2025
edit post
What CEOs are saying about the government shutdown

What CEOs are saying about the government shutdown

October 2, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Biden’s Florida legacy: An economic boom, a magnet for immigrants and a solidly conservative red state
  • James Comey Is Not an Innocent Victim of the Lawfare He Helped to Create
  • Warren Buffett Berkshire Occidental Oxychem
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.