Bitcoin’s price movements took a minor detour yesterday when the asset slipped to $82,400, but it managed to recover most losses and now sits above $83,000 once again. The altcoins are also quite sluggish on a daily scale, aside from PI, which has maintained its recovery session. BTC Calm at $83K The primary cryptocurrency went through a highly volatile trading week , which began with a price slip to $81,600 on Monday. It bounced off almost immediately and went on the offensive hard by Wednesday. At the time, reports that Elon Musk might leave US President Trump’s inner circle sent the asset flying and BTC touched $88,500 for the first time in about a week. Later that day, though, the POTUS introduced the latest tariffs against countless countries, which had an immediate and violent effect on bitcoin’s price. In just an hour or so, the cryptocurrency plunged to $82,400 and to $81,200 by Thursday. Another volatile session transpired on Friday when China responded with tariffs on its own, and BTC went from $84,800 to $81,600 in minutes. It recovered some ground by the time the weekend had arrived and has remained relatively still since then at just over $83,000, despite a minor correction yesterday. As of now, its market cap is $1.650 trillion, while its dominance over the alts is 59.8% on CG. BTCUSD. Source: TradingView PI Recovers Hard After the recent price slide, PI finally started to recover some ground on Friday evening, and it has continued ever since. Following the ATL marked two days ago, the asset has regained more than 50% of its value and now sits at around $0.65. OKB is the other notable gainer from the larger-cap alts, having surged by another 5.5% to $54. In contrast, most other alts are with minor losses today. AVAX has dumped the most (over 4%), followed by CRO, HBAR, LTC, XLM, DOGE, TON, and ADA. ETH, XRP, BNB, SOL, LEO, and LINK are also in the red but in a less painful manner. The total crypto market cap has lost around $20 billion daily and is below $2.770 trillion on CG now. Cryptocurrency Market Overview. Source: QuantifyCrypto The post Pi Network’s Price Skyrockets by 40% Daily as Bitcoin Maintains $83K (Weekend Watch) appeared first on CryptoPotato .
According to COINOTAG News on April 6th, significant developments were reported in the realm of Bitcoin mining. Data from Cloverpool indicates that the Bitcoin mining difficulties experienced an adjustment at
Summary Bitcoin's recent divergence from stock market trends suggests that a risk-off environment is not accurately reflected in the current price of Bitcoin. The current market downturn likely reflects changing fundamentals, not a buying opportunity, with institutional investors selling and a negative medium-term outlook for BTC-USD. Bitcoin's speculative nature and sensitivity to interest rates make it unlikely to rise in a risk-off environment, suggesting a bearish medium-term outlook. Introduction For a long time, crypto enthusiasts have claimed that Bitcoin (BTC-USD) is a safe haven kind of asset, while crypto enemies referred to the high correlation between the two assets. Nevertheless, this week, crypto, especially Bitcoin, stayed flat while markets crashed, raising the question of why this is and what the implications are. Historic correlation As I have already mentioned, Bitcoin has always been somewhat correlated to the market. Figure 1 shows the correlation of BTC-USD and SPDR S&P 500 ETF Trust ( NYSEARCA: SPY ) during the crashes in 2020 and 2022. Additionally, it shows the performance of both BTC-USD and SPY. Although the correlation is not very high, the returns show that BTC-USD has historically crashed when SPY fell. Figure 1 - Correlation and Performance of BTC and SPY During 2020 and 2022 (Data Source: Yahoo Finance; Table Self-Created ) What Happened This Week And Its Implications This week, however, this historical trend has not continued, as Figure 2 shows. While the market fell almost 10%, Bitcoin even gained 1.7% and did not show enhanced volatility. Figure 2 - Correlation and Performance of BTC and SPY Last Week (Data Source: Yahoo Finance; Table Self-Created ) Another difference between the assets can be seen in the different Fear & Greed Indices shown in Figures 3 and 4. While stock markets are at the bottom range of extreme fear at a value of 4, cryptos are at an F&G level of 30, suggesting only a bit of fear. Figure 3 - Stock Market Fear and Greed Index (CNN) Figure 4 - Crypto Fear and Greed Index ( Alternative.me ) So what are the implications of this? The facts presented clearly show that, as crazy as it sounds, we are not in a risk-off environment at the moment, or at least the market does not perceive it as such. From this particular view, the current downturn in stock only reflects changing fundamentals as the likelihood of a continued trade war has increased, which should not impact cryptos. This interpretation can also be seen in credit spreads shown in Figure 5, which are up but still historically low. Also, iShares 20+ Year Treasury Bond ETF ( NASDAQ: TLT ) as a proxy for bonds is barely above its 200d moving average, showing that there currently is at least no strong flight to safety happening. All of this leaves two conclusions: either some market segments, such as bonds and crypto, do not correctly reflect the current risk of a bear market, or the current market crash is not a buying opportunity but simply reflects the worst outlook. As I have already shown in my recent article on why we are likely in a crash, I believe more in the first theory due to many factors, such as (still) high valuations. Also, volatility is autocorrelated, meaning that volatile days are often followed by more volatile (mostly down) days. Another factor in favor of this thesis is that retail investors have already bought stocks 2 days ago, while the market still lost more than 6% yesterday. This leaves the conclusion that institutional investors are selling at the moment, making a quick rebound unlikely. What follows from this is a negative medium-term outlook for BTC-USD and other cryptos as risk-on assets. The same goes for stocks, although they are less at risk since they already fell by 10% this week and might experience a short-term rally. Should the second thesis be correct, it would still not mean something positive for the crypto sector but rather a continuation of its current sideways trend. BTC-USD is still below its 200d simple moving average, suggesting lower returns and higher volatility. For stocks, the second thesis could mean the same. Nevertheless, it implies that a quick recovery is unlikely. Figure 5 - BBB Bond Treasury Spreads ( Longtermtrends ) Could BTC-USD Be a Safe Haven This Time? At this point, many crypto enthusiasts will likely say that BTC-USD could rise even in a high-risk environment. In my opinion, this is highly unlikely, as Bitcoin is considered a speculation for many. In times when people see their portfolios fall 6% in one day, they often tend to try to negate risk, not increase it. Also, a rising crypto market during a crash would imply that investors still have cash, which they often do not have as the market would not crash otherwise. Additionally, crashes often coincide with high valuations, again proving the point of low cash reserves. The last factor is interest rates. As we have learned during the 2020 and 2022 crashes, Bitcoin is interest rate sensitive. Nevertheless, likely, the FED will not start cutting rates due to the possible inflationary impacts that Jerome Powell himself has acknowledged recently. Conclusion While the current divergence of Bitcoin could be seen as bullish, it might rather be bearish over the medium term. As the market falls, they will try to offset risk, which will likely decrease the price of Bitcoin. For SPY, the news might either mean that the recent crash was only a change in fundamentals, which would mean no crash but also no buying opportunity, or it could lead to a bear market, in which case SPY would still be a better hold than BTC-USD.
ADA shocked the market with a 200% move in 2021, establishing itself as one of the cycle’s biggest stories. But in 2025, a different token is catching that same kind of attention—MAGACOINFINANCE. With a fast-moving rollout and strong early traction, many traders are asking if it can repeat ADA’s success in even less time. As attention shifts, solid players like Bitcoin, Ethereum (ETH), Solana (SOL), Chainlink (LINK), and Hedera (HBAR) continue developing core infrastructure that supports both innovation and investor confidence across the market. CLICK HERE TO JOIN THE BILLION DOLLAR PROJECT MAGACOINFINANCE – Rapid Growth With Retail on Its Side MAGACOINFINANCE has crossed the $5.3 million mark in funding and continues to move quickly toward full token allocation. Built with clarity and fairness at its core, the project operates with a 100 billion token cap, no insider access, and zero private allocations—making it one of the most transparent rollouts of the year. Unlike many launches that favor large investors or closed-door deals, MAGACOINFINANCE has been fully open to the public from day one. That model has brought in thousands of wallet holders and drawn attention from early-stage traders who value a clean entry at a low price point. With community engagement rising and token availability shrinking, momentum is building fast—and many now believe it could match or even exceed previous high performers in a fraction of the time. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH CO-DE MAGA50X USE CO-DE MAGA50X – CLAIM 50% MORE WHILE YOU STILL CAN For those entering now, the MAGA50X promo is still available and gives buyers a 50% bonus on their token allocation. With final supply moving fast, this is one of the last chances to secure a significant early position ahead of the upcoming listing phase. ETH, SOL, LINK, and HBAR Stay Solid in 2025 Ethereum (ETH) continues to anchor smart contract ecosystems worldwide. Solana (SOL) maintains strong performance in high-speed, scalable blockchain use. Chainlink (LINK) remains critical to smart contract data reliability across protocols. Hedera (HBAR) builds enterprise-grade networks with speed and sustainability in mind. JOIN A BILLION DOLLAR PROJECT — THIS IS YOUR EARLY ENTRY BEFORE EXCHANGE LAUNCH Conclusion ADA’s rise in 2021 showed what’s possible when structure and timing align—and in 2025, MAGACOINFINANCE is shaping up as the latest contender. With a transparent token model, community-first launch, and fast-growing visibility, it’s gaining serious traction. Meanwhile, foundational projects like ETH, SOL, LINK, and HBAR continue building the frameworks that support this next generation of market movers. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $10 to $10,000 Portfolio? XRP, Solana, and Bitcoin (BTC) Could Make It Happen
Crypto-friendly billionaire investor Bill Ackman is considering the possibility that US President Donald Trump may pause the implementation of his controversial proposed tariffs on April 7. "One would have to imagine that President Donald Trump's phone has been ringing off the hook. The practical reality is that there is insufficient time for him to make deals before the tariffs are scheduled to take effect," Ackman, founder of Pershing Square Capital Management, said in an April 5 X post. Trump may postpone tariffs to make more deals, says Ackman "I would, therefore, not be surprised to wake up Monday with an announcement from the President that he was postponing the implementation of the tariffs to give him time to make deals," Ackman added. On April 2, Trump signed an executive order establishing a 10% baseline tariff on all imports from all countries, which took effect on April 5. Harsher reciprocal tariffs on trading partners with which the US has the largest trade deficits are scheduled to kick in on April 9. Ackman — who famously said "crypto is here to stay" after the FTX collapse in November 2022 — said Trump captured the attention of the world and US trading partners, backing the tariffs as necessary after what he called an "unfair tariff regime" that hurt US workers and economy "over many decades." Following Trump’s announcement on April 2, the US stock market shed more value during the April 4 trading session than the entire crypto market is currently worth. The fact that crypto held up better than the US stock market caught the attention of both crypto industry supporters and skeptics. Source: Cameron Winklevoss Prominent crypto voices such as BitMEX co-founder Arthur Hayes and Gemini co-founder Cameron Winklevoss also recently showed their support for Trump's tariffs. Related: Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec Ackman said a pause would be a logical move by Trump — not just to allow time for closing potential deals but also to give companies of all sizes "time to prepare for changes." He added: "The risk of not doing so is that the massive increase in uncertainty drives the economy into a recession, potentially a severe one." Ackman said April 7 will be "one of the more interesting days" in US economic history. Magazine: New 'MemeStrategy' Bitcoin firm by 9GAG, jailed CEO's $3.5M bonus: Asia Express
The crypto market has closed yet another week, keeping traders and investors cautious with sluggish price performances. Bitcoin (BTC) price held the $83K level with no major gains in the past seven days. Whereas, Ethereum (ETH), Solana (SOL), and XRP prices mimicked a sluggish action. Notably, the latest announcement by Donald Trump about reciprocal tariffs has rattled global markets, with even risk assets encountering some macro heat. Mentioned below are some of the top market updates reported by CoinGape Media over the past week. Crypto Market Faces Macroeconomic Pressure This week saw a couple of concerning macro developments that sparked a cautious sentiment among traders and investors. CoinGape reported that the manufacturing PMI and JOLTS data came in weaker than expected this week. The March PMI data dropped to 49, below expectations of 49.5 and lower than the 50 recorded in February. Also, the U.S. JOLTS job openings for February stood at 7.568 million, coming short of the expected 7.690 million and lower than the 7.762 million recorded in January. This macro data pointed toward a bearish outlook for the broader market. In turn, even the crypto market saw a stalled movement, with Bitcoin & Ether prices negating any major gains over the past seven days. In addition, Donald Trump’s Liberation Day , which is the tagline for his proposed reciprocal tariffs on other countries, has added to the pressure on broader markets. Bitcoin, Ether, & Other Coin Prices Over The Week BTC price witnessed a marginal 0.5% jump in the past seven days and closed in at the $83K level. In the past 7 days, the flagship crypto stooped as low as $81K whilst also touching a $87K high. ETH price saw a drop of nearly 2% weekly and exchanged hands at the $1,800 level. Ethereum hit a bottom of $1,700 whilst also nearing a high of $2,000 this week SOL price fell by roughly 5% over the week to reach $120. The crypto’s weekly high and low was $135 and $112, respectively. XRP price mimicked the broader crypto market trend, dipping over 2% in seven days to $2.13. Ripple’s coin is consolidating despite speculations of an imminent settlement of the lawsuit against the U.S. SEC. The post Crypto Market This Week: Bitcoin Holds $83K Despite Macro Heat, What’s Happening? appeared first on CoinGape .
As XRP continues to recover, trading around $2.15, early investors can’t help but reflect on its historic run to $10 valuations in speculation. That same conversation is now being had about MAGACOINFINANCE, currently sitting at $$0.0002757, with growing chatter that it could be the next big move in 2025. At the same time, blockchain projects like Bitcoin, TON, AVAX, and SUI are building out performance layers and adding real functionality to their ecosystems—making them essential watchlist components. CLICK HERE TO JOIN THE BILLION DOLLAR PROJECT MAGACOINFINANCE – Positioned for a Serious Climb MAGACOINFINANCE has officially surpassed $5.3 million raised and continues to draw investors thanks to its simple, clean, and community-first design. With a hard-capped 100 billion token supply, no private allocations, and no early-access insiders, every buyer has had the same opportunity from day one. Now priced at $0.0002757, the token has already rewarded early participants while still offering a steep potential path to its $0.007 listing target—and many believe that’s just the start. With wallet activity rising and mentions spreading across major social platforms, demand is ramping up fast. As MAGACOINFINANCE continues to gain traction, it’s not just retail momentum driving the project. It”s the combination of transparency, fairness, and timing that has traders looking at it as a real contender for one of the most watched tokens of the year. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH CO-DE MAGA50X USE PROMO CO-DE MAGA50X – GET 50% BONUS TOKENS NOW The MAGA50X is still active, allowing buyers to receive 50% more tokens with every purchase. This bonus window is quickly closing as token allocation nears full capacity ahead of official listings. TON, AVAX, and SUI Continue Building Momentum TON is developing its mobile-first ecosystem with a focus on communication-integrated apps. Avalanche (AVAX) is holding around $41.18, driving growth through flexible scaling solutions. SUI is gaining recognition for its fast transaction layer and developer-friendly architecture. JOIN A BILLION DOLLAR PROJECT — THIS IS YOUR EARLY ENTRY BEFORE EXCHANGE LAUNCH Conclusion With MAGACOINFINANCE now at $0.0002757, the question many traders are asking is whether it could follow in XRP’s footsteps. While no two projects are identical, the early-stage positioning, transparent distribution, and rapidly growing demand are putting it firmly in the spotlight. As TON, AVAX, and SUI continue evolving, the rise of MAGACOINFINANCE may be one of the defining stories of this cycle. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: 3 Coins That Could Replace XRP, But Bitcoin (BTC) Is Still King
Bitcoin ETFs recorded a $65 million outflow on Friday with no offsetting inflows, led by exits from GBTC, ARKB, and BITB. Ether ETFs, on the other hand, saw a small inflow of $2 million, breaking their multi-day outflow trend. Bitcoin ETFs Bleed for Second Day While Ether ETFs Show Signs of Life Investors slammed the
COINOTAG reported on April 6th that recent data from Coinglass reveals significant trends in the cryptocurrency spot market over the past week. Notably, the FDUSD has experienced the highest net
With Bitcoin (BTC) climbing to $60,000 and Ripple (XRP) holding at $0.62, it’s clear the market is gaining strength. But the real story is unfolding at the micro-cap level—where MAGACOINFINANCE is still trading under $0.02, despite raising millions and drawing comparisons to early-stage giants. Ethereum (ETH), Bitcoin (BTC), and Solana (SOL) Drive the Market—But MAGACOINFINANCE Offers the Multiple While Ethereum (ETH) and Solana (SOL) continue delivering performance through scalability and smart contract innovation, newer players like MAGACOINFINANCE are quietly delivering the kind of ROI that established coins simply can’t match anymore. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE – NEXT STAGE PRICING JUST HOURS AWAY Unprecedented Growth Potential MAGACOINFINANCE – MAGACOINFINANCE has already raised over $5.3 million and is accelerating fast. With a limited 100 billion token supply, its current pricing still offers an incredible opportunity for those positioning before its exchange debut. Use MAGA50X for 50% BONUS – ROI Climbs to 3,782% At a current pre-sale price of $0.0002704 and listing at $0.007, MAGACOINFINANCE offers a base 2,488% ROI, or 25.88x return. With promo code MAGA50X, your entry drops to $0.0001803, increasing ROI to 3,782%, or 37.82x return. That means even a $250 position could grow to $94,550, while the token still trades well under $0.02. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X SOL, ADA, ETH, and HBAR: Strong Coins, But MAGACOINFINANCE Dominates in ROI Potential Solana (SOL) trades at $125.88, continuing to lead in transaction speed.Cardano (ADA) sits at $0.71, gradually expanding its smart contract ecosystem.Ethereum (ETH) holds at $3,218, powering decentralized platforms globally.Hedera (HBAR) trades at $0.092, serving enterprise blockchain use cases. CLICK HERE TO JOIN THE NE-XT BILLION DOLLAR PROJECT Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC), Ripple (XRP), and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $1 Crypto Watchlist: XRP, MAGACOINFINANCE, and Bitcoin (BTC) Are Surging