#BTCBelow80K As of April 7, 2025, Bitcoin (BTC) is experiencing a notable decline in its market value.
This downturn is part of a broader trend in the cryptocurrency market, influenced by escalating trade tensions between the U.S. and China. China's recent retaliatory tariffs have heightened investor concerns, leading to significant sell-offs in both traditional and digital asset markets. In the past 24 hours, approximately $1.2 billion in leveraged crypto positions were liquidated, reflecting the market's heightened volatility.