Crypto Markets Rattle As Bitcoin Slides Below $80K Amid Global Sell-Off, Tether Tops in Trading Volume
Crypto Markets Rattle As Bitcoin Slides Below 80K Amid Global Sell-Off, Tether Tops in Trading Volume (Image Source: AI-Generated)
On April 7, Bitcoin had made a slight recovery from its opening levels, trading around $75,495.53 each at 2 pm, yet still down by 8.97% over the last 24 hours. Bitcoin’s market capitalisation stands at $1.49 trillion, down by 9.38%, with a trading volume of $59.77 billion, according to CoinMarketCap data. On April 7, Bitcoin’s share in the cryptocurrency market stands over 62%, rising by 0.57% throughout the day.
US President Donald Trump’s reciprocal tariffs hit markets globally. Cryptocurrencies also faced the heat as the markets saw a sharp sell-off at Asia open, according to a report by Bloomberg….
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