The world’s largest cryptocurrency, Bitcoin (BTC), has experienced a sharp decline, falling from $83,000 to below $80,000, down nearly 3% in just a few hours. At the time of writing, BTC is trading at $79,600, down 3.93% on the day. Chart showing the decline in BTC price in the last 24 hours. The sudden drop comes amid a broader risk-off sentiment and ongoing liquidity shifts in global markets ahead of Wall Street’s opening bell, after BTC showed resilience when markets across the board were slumping following the U.S. tariff announcement last week. Over $390 million worth of crypto positions were liquidated in the past 24 hours, including $325 million in long positions, according to CoinGlass data. Bitcoin accounted for $121.4 million of those liquidations, followed closely by Ethereum (ETH) with $108.6 million. Related News: Massive Whale Dumped Binance-Listed Altcoin: Price Plunges South Korea’s leading exchange Upbit is currently listing Bitcoin at a 1.83% premium, while the overall crypto market cap has fallen to $2.59 trillion. Ethereum has been particularly hard hit, falling to its lowest level since October 2023. ETH is currently down 65% from its all-time high, further weighing on investor sentiment. “After a delayed reaction on Friday, cryptocurrencies are finally starting to crack,” said economist and longtime crypto skeptic Peter Schiff. “Bitcoin just hit a weekly low of $81,000. It could be a long day for those stuck in Bitcoin ETFs.” Other major altcoins also took a hit, with Solana (SOL) seeing $19.5 million in liquidations, XRP $8.6 million, and Dogecoin (DOGE) $7.8 million. *This is not investment advice. Continue Reading: HOT MOMENTS: Bitcoin Price Drops Below $80,000, Huge Liquidation Wave – Here’s The Reason For The Drop and Peter Schiff’s Comments
Bitcoin’s Unexpected Resilience Amid Stock Market Turbulence As global markets react to escalating trade tensions, Bitcoin (BTC) has demonstrated considerable resilience against downside pressures, instigating a brewing optimism among traders
Bitcoin ( BTC ) turned up volatility into the April 6 weekly close as fears of a stock market crash contrasted with bullish BTC price targets. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView CNBC’s Cramer: 1987 crash not “off the table yet” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping below $80,000 on the day, down 3% since the start of the week. The days in between had seen several bouts of flash volatility as US trade tariffs and recession concerns stoked major losses across risk assets. US stocks in particular recorded significant losses , with both the S&P 500 and Nasdaq Composite Index finishing the April 4 trading session down nearly 6%. “Trump's tariff announcement this week has wiped out $8.2 TRILLION in stock market value — more than was lost during the worst week of the 2008 financial crisis,” author and financial commentator Holger Zchaepitz summarized in a response on X. Bloomberg World Exchange Market Capitalization chart. Source: Holger Zschaepitz/X The poor close caused some to wonder how the coming week would open, with comparisons to the “Black Monday” 1987 crash surfacing across social media. “It's tough to build a new, weaker, world order on the fly,” Jim Cramer, host of CNBC’s “Mad Money” segment, argued on X over the weekend. “Frantically trying to do it but don't see anything yet that takes the October 87 scenario off the table yet. Those who bottom-fished are sleeping with the fishes ...so far.” S&P 500 1-day chart. Source: Cointelegraph/TradingView Cramer had previously warned over a 1987 scenario playing out live on air, but subsequently reasoned that control mechanisms in the form of market circuit breakers “could slow things down.” Bitcoin circles also saw some daring predictions of how markets would behave in the short term. Max Keiser, the popular yet controversial Bitcoin supporter, even called for BTC/USD hitting a giant $220,000 before the end of the month. “A 1987 style mega crash will push Bitcoin to $220,000 this month as trillions in wealth seek the ultimate safe haven: Bitcoin,” he wrote in part of an X response to Cramer. Bitcoin resists copycat BTC price dive Among traders, the diverging sentiment over Bitcoin and stocks was increasingly apparent . Related: Bitcoin crash risk to $70K in 10 days increasing — Analyst says it’s BTC’s ‘practical bottom’ After withstanding the worst of the tariff shock last week, many argued that the coming days could even result in pronounced BTC price upside. $BTC - #Bitcoin : Ofcourse we can go lower first. However I think we will see the last push of this cycle soon. pic.twitter.com/dp6otpgE16 — Crypto Caesar (@CryptoCaesarTA) April 5, 2025 Bitcoin is gearing up for a breakout next week — the $150K run might just be starting! $BTC #Bitcoin pic.twitter.com/jNWNoiHnwo — @CryptoELlTES (@CryptooELITES) April 5, 2025 “$BTC Volatility going lower and lower while the $VIX (Volatility Index) on Stocks has closed at the highest level since the Covid Crash in 2020,” popular trader Daan Crypto Trades acknowledged in his latest analysis. “This is pretty unheard off and due to this compression I'm pretty confident a large move for crypto is going to occur next week as well. Whether it's up or down comes down to whether stocks can find a bottom early in the week or not I'm assuming.” BTC/USD vs. VIX volatility index chart. Source: Daan Crypto Trades/X Fellow trader Cas Abbe suggested that recent $76,000 lows on BTC/USD may end up as a classic fake breakdown. “This looks no different than the post-ETF dump and August 2024 crash,” he told X followers. “I'm waiting for a weekly reclaim of $92,000 to confirm the uptrend.” BTC/USDT 1-week chart. Source: Cas Abbe/X This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
BTC Drops Below $80,000 Once Again 💰Coin: BTC ( $BTC ) $80,046.20
Pi Network price has left investors puzzling over a steady decline that saw Pi Coin nearly sink to $0. 3. To prevent a repeat of the steep drop, the pseudonymous Satoshi Nakamoto is making a case for a decentralized market stabilization mechanism for the Pi Network. A Community-Driven Liquidity Pool For The Pi Network The pseudonymous Satoshi Nakamoto theorized on X that a community-driven liquidity pool (CDLP) will provide a range of benefits for Pi Network. According to his post, CDLP will operate as a decentralized market stabilization mechanism focused on Pi Coin price performance. The plan, leaning on the Dollar-Cost Averaging (DCA) buying strategy, will require participants to commit to purchasing a fixed amount of Pi monthly. Each user participating in the CDLP will have full control of the Pi coins in their wallets without the need for any intermediaries. Per Nakamoto, users purchasing Pi coins each month will form a “massive” CDLP capable of preventing steep price drops. The CDLP achieves this by increasing Pi liquidity, reducing circulating supply while demand continues to increase. “This pool increases market depth, cushions sharp price drops, and promotes a more stable price structure,” said Nakamoto. Nakamoto says the CDLP is not a short-term strategy to prop up Pi Network as it advocates for long-term holding. In the short term, Dr Altcoin wants Pi Network to burn tokens as a near-term solution to falling prices. The Entire Ecosystem To Benefit From CDLP Apart from stabilizing the Pi Network price, the CDLP will have an impact on the broader ecosystem. First, Nakamoto says developers building projects will have a stable environment without the hassle of sharp price drops. The Pi Network has previously come under fire after PiDAOSwap launched NFTs on BSC over lengthy KYB delays Furthermore, a stable price will be an incentive for businesses to accept Pi as a payment mechanism. Nakamoto says Pi holders will be rewarded by future decentralized applications (DApps) building on the network. “This doesn’t just stabilize the price – it transforms Pi’s visibility, strengthens the community, and attracts more developers and real-world use cases,” said Nakamoto. Nakamoto says the CDLP is viable and sustainable as it does not require whales to support the price. Nakamoto claims that a $10 monthly commitment to buy Pi will result in a “steady $100 million inflow” into PI that is user-controlled without third-party risks. Centralized exchanges like Binance sidelining Pi in listing processes have affected community sentiments, triggering a bearish sentiment for Pi. The post Expert Reveals Decentralized Strategy To Stabilize Pi Network Price appeared first on CoinGape .
TL;DR Binance futures traders are highly bullish on the two large-cap altcoins, according to recent data. However, both assets have headed south in the past day or so, which raises the question of whether too much optimism among crypto traders doesn’t lead to actual corrections. 70.33% of Binance traders with open $XRP futures positions are betting on a price increase! pic.twitter.com/pkoEmI3Ho4 — Ali (@ali_charts) April 6, 2025 Remember the infamous words of Warren Buffett – be greedy when others are fearful and vice versa? If the Oracle of Omaha is to be trusted, and his massive success rate and longevity certainly say so, then XRP investors should worry about the asset’s future price performance. Moreover, Ripple’s cross-border token has already started to correct, and its price is close to the coveted $2 support line. According to analysts, this level holds particular significance in determining XRP’s upcoming moves. A bounce-off above could propel a surge to $2.6, but the opposite scenario envisions a massive drop to $1.2/3 if it fails. 67.61% of traders on Binance Futures with open #Cardano $ADA positions are betting on a price increase! pic.twitter.com/IjgmvPF9yU — Ali (@ali_charts) April 6, 2025 The situation with ADA is quite similar, as the token has attracted a substantial wave of big bullish trades on Binance futures. Similar to XRP, Cardano’s price has tumbled by 5-6% in the past day (26% on a monthly scale), and now struggles to remain above $0.6. The current level is also an important support line that could lead to a crash below $0.5 if it’s broken to the downside. Oh, aside from Buffett, Santiment has also outlined countless times in the past that too much emotion in either direction usually leads to price moves in the opposite. The post Binance Traders Bet Big on XRP and ADA: Should You Be Worried? appeared first on CryptoPotato .
Bitcoin’s price receded by 2.6% today, dipping below the $81,000 mark in a subtle yet thought-provoking shift. This pullback may serve as a cryptic overture to Monday’s Wall Street open, stirring quiet apprehension among market participants. Market on Edge: Bitcoin Retreats as Global Liquidity Clouds the Outlook On April 6, bitcoin’s valuation declined, landing at
As cryptocurrency trading continues to evolve, experts are raising alarms about the increasing prevalence of address poisoning attacks on blockchain networks. Recent analysis reveals that low transaction fees have facilitated
Dogecoin (DOGE) is currently trading at $0.1572, experiencing a 2.9% pullback on the 15-minute chart. The broader structure shows a strong upward push followed by profit-taking and consolidation. Despite this temporary bearish bias, underlying momentum suggests potential recovery if key levels hold. Key Support and Resistance Levels Immediate Support: $0.1660 This level has acted as a base during recent consolidation. A break below may push DOGE to $0.1640, where demand previously stepped in. Major Resistance: $0.1720 – $0.1740 DOGE tested this supply zone multiple times but failed to close above it, forming a short-term double top. This area must be reclaimed to resume bullish momentum. Secondary Resistance: $0.1700 Psychological and technical level; flipping this into support would strengthen the bullish case. MACD Indicator (12, 26, Close) The MACD histogram has begun turning green after an extended red phase, indicating weakening bearish pressure. The MACD and signal lines are converging , hinting at a bullish crossover. If confirmed with rising price action, this crossover may trigger renewed buying interest. Trend and Pattern Analysis The chart structure shows a rounded top, signaling exhaustion at higher levels. However, current price action is forming higher lows, suggesting a possible bullish reversal pattern if the structure maintains. On the 15-min chart, price recently bounced from a local low near $0.166 and is attempting to reclaim $0.168. Volume remains relatively stable, though not explosive—implying slow accumulation. In higher timeframes (1H/4H), DOGE maintains a bullish structure, with the 200 EMA below current price. The retracement seen now fits within a healthy correction rather than a reversal. Daily Projection & Price Action If DOGE holds above $0.166 and confirms a bullish MACD crossover, the next move targets the $0.170 – $0.172 zone. A break above $0.172 opens the door to $0.175+, especially if volume expands. Failure to hold $0.166 may lead to a drop toward $0.163 – $0.150, aligning with recent support zones on the hourly chart. However, a bullish engulfing candle around $0.166 could spark a short squeeze. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Fundamental Perspective Dogecoin continues to benefit from its strong community, meme-driven hype, and potential payment utility. Elon Musk’s continued endorsement and speculation around integration with X (formerly Twitter) drive speculative demand. While lacking native smart contract capabilities, Dogecoin’s low transaction fees and network simplicity make it attractive for micro-transactions. In Q1 2025, Dogecoin’s on-chain activity showed moderate growth. Whale accumulation has been noted, with larger wallets increasing exposure during dips—indicating long-term bullish sentiment. Prediction DOGE remains in a neutral-to-bullish position in the short term. The MACD is nearing a bullish cross, and price is consolidating above a key support zone. If bulls maintain momentum, expect a short-term push toward $0.172. For the daily session, watch for a bullish close above $0.168 to confirm upside continuation. Projected daily target: $0.168 Breakdown risk level: $0.155 A move above $0.172 could set the stage for a retest of $0.175 – $0.180 in the coming days. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Dogecoin (DOGE) at a Critical Turning Point as Key Levels Dictate Its Next Move appeared first on Times Tabloid .
Dogecoin price holds steady above $0.16, showing resilience amid Tesla’s $30B stock decline and broader market volatility this week. Dogecoin Price Stabilizes as Tesla Loses $30 Billion Amid Trump’s Tariff Shock Dogecoin (DOGE) has stabilized above the $0.16 level, showing notable resilience despite broader volatility in the crypto and equity markets. After briefly dipping to $0.12 last Wednesday, following former President Donald Trump’s surprise announcement of sweeping tariffs, DOGE rebounded and currently trades 4% higher from that weekly low. Dogecoin price action, April 6 | Source: CoinMarketCap DOGE resilient price performance aligns with a broader trend: top cryptocurrencies increasingly decoupling from the volatility that plagues traditional equities and commodities. Tesla Takes $30 Billion Hit as Elon Musk Faces Political Pressure Tesla (TSLA) stock has emerged as one of the most heavily impacted assets in the wake of Trump’s trade announcement. U.S. equities suffered a dramatic selloff, with the Dow Jones Industrial Average plunging over 3,000 points and the S&P 500 falling by 8% within five trading sessions. As expected, Tesla (TSLA) stock price took a major hit due to Elon Musk’s prominent role in the Trump administration’s newly-formed Department of Government Efficiency. Tesla (TSLA) stock loses $30B after Trump’s tariff, April 6 2025 | Source: NASDAQ With the electric vehicle giant thrust into political and economic crossfire, Tesla shares currently trade at $239, down 4% on the week and 10% over the past 30 days. At a current market cap of $750 billion, over $30 billion in shareholder value has been erased since the tariffs were announced. Is Dogecoin Price Finally Decoupling from Elon Musk’s Influence? Against this backdrop, Dogecoin’s stability above $0.15 has raised questions: is DOGE beginning to decouple from Elon Musk’s influence? 1. Musk’s Influence on DOGE Is Fading Elon Musk, long seen as a de facto mascot for the Dogecoin community, has historically had influence over DOGE price action. In past years, events such as Tesla’s earnings calls, SpaceX launches, and even cryptic tweets from Musk often triggered short-term rallies in DOGE price . But recent events suggest a shift in sentiment. In January 2025, DOGE price briefly tested yearly timeframe peaks above $0.40 after Musk’s government office teased a DOGE logo on its official site. Speculation quickly spread that Dogecoin might be adopted for government-related transactions. However, Musk personally clarified last week that the administration has “no current intention” of adopting DOGE for official use—promptly quashing those rumors. 2. Trump Administration’s Crypto Strategy Excludes Dogecoin Another key factor behind Dogecoin’s decoupling from Elon Musk’s influence is Trump’s private crypto interests In March, the administration announced its “Crypto Strategic Reserve,” which conspicuously excluded Dogecoin. The move was seen by many as a sign that DOGE would not receive institutional or governmental support. Adding to the sentiment, Trump launched his own memecoins—TRUMP and MELANIA—during his inauguration. These tokens, alongside WLFI, a pro-Trump crypto PAC, have since dominated the altcoin narrative, effectively crowding out Dogecoin from the political meme coin arena. This exclusionary stance diminishes the likelihood that Dogecoin will receive direct endorsements or adoption from the current administration, despite Musk’s presence within it. 3. Dogecoin Remains Insulated from Tesla’s Trade War Risk Dogecoin’s price resilience also stems from its insulation from the economic risks now weighing on Tesla. While Tesla faces serious exposure to retaliatory tariffs from major trade partners like China and Canada—threatening its supply chain and Q2 earnings—Dogecoin operates independently of such traditional business cycles. The memecoin’s lack of ties to physical goods, manufacturing, or logistics shields it from geopolitical shocks that affect multinational corporations. As a result, DOGE appears increasingly insulated from Tesla’s financial performance and the broader trade war fallout. DOGE Price Forecast: $0.15 support cluster must Withstand Short-term Risks Dogecoin’s stable price action this week, despite Tesla losing $30 billion in market value, signals a maturing market dynamic. Investors are beginning to view DOGE as an asset less exposed to Elon Musk’s influence and more driven by its own market fundamentals. From a technical standpoint the current Dogecoin price forecast signals lean neutral-to-bearish. After a brief 5.14% recovery over three sessions the two consecutive red candles that followed now put the immediate support at $0.15 at risk. Since closing Friday at $0.16, Dogecoin struggles to hold above the 20-day EMA resistance at $0.17. This rejection at the moving average signals insufficient buying pressure to drive the next leg-up. Dogecoin price Beyond that, Dogecin trading volumes remains flat at 402.82 million DOGE, showing weak conviction from bulls. The True Strength Index (TSI) also slipped to -0.82, a clear sign of continued bearish momentum. With TSI below the zero line, a downside continuation is likely if demand doesn’t resurface soon. If bears push below $0.15, the next downside target lies at $0.142—where DOGE last found support on April 3. On the upside, bulls must reclaim the $0.17 level to target the stronger resistance cluster between at $0.20, near the 50-day EMA. The post Dogecoin Price Defies Tesla’s $30B Wipeout: Is DOGE Decoupling from Elon Musk? appeared first on CoinGape .