Bitcoin has fallen sharply to approximately $75,011 as of April 7, 2025, marking a 9.7% loss from the previous close. The cryptocurrency traded as high as $83,110 earlier in the day before sliding to a low of $74,561.
This dramatic decline follows renewed global trade tensions, with the U.S. imposing new tariffs on imports from China, Japan, and the EU. The news has shaken investor confidence, driving down risk assets across the board — including cryptocurrencies.
Analysts warn that the breach of the $80,000 support level may lead to further downside, especially as over $800 million in long positions were liquidated in the past 24 hours. The situation highlights how sensitive Bitcoin remains to macroeconomic and geopolitical developments.
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