The storm falls on the crypto. During the night of April 7, 2025, Bitcoin collapsed under the symbolic bar of the $ 75,000, reaching an intrajurnal lower of 74,637 dollars! In the space of 24 hours, the first crypto lost more than 10 %, triggering a shock wave over the entire market.
Bitcoin falls suddenly at 74,637 dollars
Bitcoin lives a dark day. After a crypto krach yesterday that struck the entire market and caused the BTC fall at 79,000 dollars, Queen Crypto sinks even more into turmoil by falling under 75,000 dollars. This brutal dropout marks a turning point for the Crypto market, which seemed to be good despite the recent geopolitical and financial tensions.
This brutal fall is not a simple course accident: it reflects generalized economic anxiety, in a context of strong volatility on traditional markets, in particular with The catastrophic collapse of the Dow Jones. Since its historic record three months ago, Bitcoin has now lost more than 31 %! Thus revealing a strong correlation with the traditional markets, which proves that the BTC is not (yet) this refuge disconnected from the great financial centers that many hope.
The BTC $ 70,000 by Friday?
This deleterious climate promises to be the prelude of a restless week. Although the BTC has currently straightened to $ 76,277, the tension remains palpable, and the traders expect new tremors. After a fall of more than 10 % in just 24 hours, Bitcoin seems fragile and could fall again, especially since the crypto market continues to undergo pressures following global economic uncertainty.
If this decline dynamic persists and market conditions do not stabilize, we could see the BTC come back down and sink more. Following the same amplitude of falling, bitcoin could be found under $ 70,000 by Friday. However, everything will depend on the evolution of traditional markets and risk management by investors.
The BTC fights as best they can to maintain itself at $ 76,000, an important threshold to consider a possible increase. The next 48 hours will therefore be crucial to determining this bitcoin bullish potential, or consider a deeper collapse at $ 70,000. Investors will have to be vigilant.
Maximize your Cointribne experience with our 'Read to Earn' program! For each article you read, earn points and access exclusive rewards. Sign up now and start accumulating advantages.
