#BTCBelow80K On April 6, 2025, Bitcoin's price fell below the $80.000 threshold, trading around $79.000-a 5% decline over 24 hours. This drop is attributed to escalating U-S--China trade tensions and subsequent market volatility. The cryptocurrency market also faced significant liquidations with approximately $250 million in long positions closed as traders exited bullish bets amid declining prices Technical indicators, such as the formation of a "death cross" suggest potential further declines, with critical support levels at $74,000, $65.000 and $57.000.
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