Bitcoin prices fell below $75,000 on Monday, April 7, the lowest since mid-March as investors reacted to US-China trade relations tensions escalating. The digital currency shed about 6% in 24 hours, CoinMarketCap data revealed, as part of a broader sell-off across both crypto and traditional markets.<\/p>\n
The sharp decline comes after US President Donald Trump\u2019s recent imposition of tariff hikes and countermeasures by Beijing. The trade tensions sent shockwaves through world markets,<\/a> with Wall Street suffering its worst fall since the COVID-19 pandemic. On Friday, April 4, the S&P 500 dropped 6%, the Dow Jones Industrial Average fell 5.5%, and the tech-heavy Nasdaq Composite fell 5.8%.<\/p>\n Market commentator Charles Gasparino cautioned on Twitter that \u201cMonday is shaping up to be the ultimate pain day,\u201d and that investors should prepare for further selling pressure as markets open this week. That forecast seems to be coming to fruition as Bitcoin is trading between $74,000 and $75,000, far lower than last week\u2019s levels.<\/p>\n Breaking: One major market analyst just told me \u201cMonday is shaping up to be the ultimate pain day.\u201d Another: \u201cSome really nice buys out there particularly in financials.\u201d As they say disagreement makes a market! Story developing<\/p>\n \u2014 Charles Gasparino (@CGasparino) April 6, 2025<\/a><\/p>\nEthereum And Altcoins Hit Harder Than Bitcoin<\/strong><\/h2>\n