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Bitcoin has fallen below the $79,000 level as investors were mandated for more financial market volatility after experiencing the worst decline in President Donald Trump’s restrictive global tariff rollout since 2020.
Bitcoin prices have fallen 4% lower at $78,835.07 and 4% lower at $78,835.07 after excluding a few short blips under recent volatility, according to Coin Metrics. The all-time high in January was around 34%.
Flagship cryptocurrencies are usually traded like large tech stocks and are often seen by traders as a key indicator of market sentiment, but last week they took on a broader market meltdown.
Other cryptocurrencies suffered huge losses overnight. The tokens tied to ether and solana each fell about 10%.
The Bitcoin down move caused a long wave of liquidation as traders betting on price increases were forced to sell their assets to cover their losses. According to Coinglas, in the last 24 hours, Bitcoin has seen a long liquidation of over $181 million. Ether saw a long liquidation of $188 million over the same period.
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Bitcoin is trading for almost over $80,000 in 2025
Rattle investors abandoned their holdings of cryptocurrency trading 24 hours a day over the weekend as Trump’s retaliatory tariffs caused fears of a global recession and sold all the risks to investors.
In addition to custom tariffs on key trading partners, all import obligations have sparked concerns about a global trade war that could lead the US into a recession. There is growing concern about the widespread impact of tariffs sent by a shaking market around the world.
According to the S&P Dow Jones Index, in the two sessions after the tariff announcement, Global Stocks wiped out a $7.46 trillion market value based on the S&P Global Broad Market Index market capitalization, based on the S&P Global Broad Market Index market capitalization.
Those figures include $5.87 trillion lost in the US stock market in these two sessions and an additional $1.59 trillion in market value in other major global markets.
Bitcoin has fallen 15% in 2025, and without a crypto-specific catalyst, it is expected that it will continue to work in conjunction with stocks to overshadow regulations that the fear of a global recession is expected to benefit this year.
