As of April 12, 2025, Bitcoin has slipped below the $80,000 mark, trading around $78,000. The drop follows heightened global market volatility sparked by new tariffs announced by President Trump, which triggered a wave of sell-offs across risk assets — including cryptocurrencies.
According to market data, over $1.2 billion in bullish crypto positions were liquidated in the past 24 hours, with much of the activity driven by China’s retaliatory trade measures. Analysts point to forced liquidations and margin calls, especially among leveraged institutional investors, as the key drivers behind the downturn.
Despite the drop, some industry voices remain positive. MicroStrategy CEO Michael Saylor has reaffirmed his long-term bullish stance on Bitcoin, calling volatility a normal part of the growth cycle.
Stay informed with market insights and updates at bitcoin24.com.
