#BTCvsMarkets

Bitcoin (BTC) deepens losses this Saturday (5) and trades at US$ 82 million

Bitcoin (BTC) is operating in the red this Saturday (5). At 3 PM (Brasília time), BTC is quoted at US$ 82,935.61, with a drop of 1.01% in the last 24 hours, according to data from CoinMarketCap.

Solana (SOL) and Ethereum (ETH) are also retreating today. SOL drops 2.87% in 24 hours, worth US$ 118.33, and ETH is down 1.20%, at US$ 1,790.66.

In recent days, global markets have been hit by the escalation of the trade war. The surge in risk aversion came after the United States announced the imposition of reciprocal tariffs on imported goods, based on the rates charged by its trading partners.

On Friday (4), in the US, the Nasdaq index, which includes the largest companies in the technology sector, entered a 'bear market', with a decline of 22% from the all-time highs — which were reached in December. The Dow Jones recorded its largest decline since June 2020 and the S&P 500 had its largest daily drop since March 2020.