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Why Is the Crypto Market Down Today? Bitcoin Drops to $82K as Traders Flee Risk Assets Amid Macro Worries

Summary by Coin Desk

Cryptocurrency prices have experienced a sharp decline over the last few hours, with bitcoin (BTC) now being down around 3% over the last 24 hours, while major altcoins including XRP, BNB, and SOL are down between 4% and 5% over the same period.The broader cryptocurrency market, represented by the CoinDesk 20 Index (CD20), lost around 3.3% of its value over the period. The sharp drop brings BTC’s performance down 1.7% for the week, while CD20 is…

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Why Is the Crypto Market Down Today? Bitcoin Drops to $82K as Traders Flee Risk Assets Amid Macro Worries

2 days ago·Manila, Philippines

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CryptoPanic

XRP, SOL, DOGE Take Spotlight, Long Sellers In Distress

The slight decline in the digital currency ecosystem has triggered a major liquidation in the broader crypto market. At the time of writing, data from CoinGlass has pegged the current liquidations at $449. 38 million

2 days ago

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Coingape

ADA, PEPE, LINK, SHIB Price Prediction as Crypto Market Cap Drops $160B in 2 Days

Cryptocurrencies edged lower on Saturday after a hotter-than-expected inflation rate spooked investors. Bitcoin fell to $83,000 while most altcoins hit their weekly lows. This article offers an ADA, PEPE, LINK, and SHIB price prediction after macroeconomic fears saw the crypto market cap shed $160 billion in value within two days. Crypto Market Cap Sheds $160B in 2 Days Data from Tradingview shows that the total crypto market cap has dropped f…

2 days ago

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TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide

April 2 Trump Tariffs Crash Stocks and Crypto, Markets Bleed

April 2 Trump tariffs risk a market crash, hitting stocks and crypto. Crypto markets are bleeding, with major sell-offs across the board. Trade wars threaten crypto growth with stricter regulations. Donald Trump tariffs that imminent “Liberation Day” announcement on April 2 is causing shockwaves in global markets, with talk of a devastating crash hanging over both traditional stocks and cryptoassets. The past two days have seen the market respon…

2 days ago

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Crypto News Wire - Latest Crypto News And Analysis

Inflation Fears and Trade Turmoil Push Bitcoin's Price Below $84K

Bitcoin hit $83544 on Friday, a low catalyzed by upheavals in financial markets amid Trump's proposed tariffs on pharmaceutical companies. Source link The post Inflation Fears and Trade Turmoil Push Bitcoin's Price Below $84K first appeared on Crypto News Wire.

3 days ago

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Bitcoin.com

Inflation Fears and Trade Turmoil Push Bitcoin’s Price Below $84K – Markets and Prices Bitcoin News

Bitcoin tumbled to $83,544 on Friday, a low catalyzed by upheavals in financial markets amid Trump’s proposed tariffs on pharmaceutical companies. Concurrently, March’s consumer sentiment data illuminated the loftiest projections for long-term inflation in over three decades. Wall Street Wipeout Hits Bitcoin: Crypto Economy Tumbles 4.14% as Global Markets Recoil from Trump’s Tariff Blitz Cryptocurrency […]

3 days ago

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