$BTC As of April 7, 2025, Bitcoin ($BTC) is trading at approximately $78,158, reflecting a 4.43% decline from the previous close. The day's trading range has seen a high of $81,781 and a low of $74,561.

This downturn aligns with broader market instability, notably influenced by escalating tariff tensions between the U.S. and China. The recent imposition of tariffs has heightened fears of a global trade war, prompting investors to retreat from risk assets, including cryptocurrencies.

In the past 24 hours, approximately $1.2 billion in bullish cryptocurrency positions were liquidated. Analysts attribute this to margin calls and institutional investors reaching their risk thresholds amid the market pullback.

Despite the current decline, some industry leaders maintain a positive outlook. Michael Saylor