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Bitcoin Drops Below $80K As Market Panic Spreads

2h35 ▪ 4 min read ▪ by Luc Jose A.
Getting informed Bitcoin (BTC)

While stock markets are experiencing a historic loss, bitcoin is losing ground and falls below 80,000 dollars. This retreat, far from being trivial, reignites the debates on its function as a safe haven. At a time when trade and political tensions are reshaping the global economy, the boundary between traditional assets and cryptos is fading. A moment of truth is therefore approaching for BTC and for investors’ allocation strategies.

The cracked Bitcoin coin falls from the sky in an apocalyptic atmosphere, heightening the dramatic tension of the drop below ,000.

The fall of bitcoin : an economic climate under high tension

On April 4, bitcoin slipped below the symbolic threshold of 80,000 dollars, marking a weekly decline of 3 %. This fall occurred against a backdrop of a sharp downturn in the American stock markets, whose indices have plunged in an atmosphere reminiscent of major financial crises.

Several elements have fueled fears of a systemic chain reaction:

  • A simultaneous decline of BTC and stocks : both the S&P 500 and the Nasdaq Composite fell by nearly 6 % in a single day. This drop occurred as “Trump announced a new wave of tariffs”, reigniting the specter of a global trade war, according to Holger Zschaepitz.
  • The massive loss of value in markets : Zschaepitz stated on platform X (formerly Twitter) on April 6, 2025, that “8.2 billion dollars of market value have been wiped out”, a loss greater than that recorded during the worst week of the 2008 crisis.
  • Alarmist reactions from traditional analysts : Jim Cramer mentioned on social network X on April 5 an unprecedented situation in over three decades. “I have never seen such panic since 1987, and for now, nothing allows us to rule out a return of such shock.”

These factors suggest that cryptos, historically seen as decoupled from traditional markets, are now exposed to their shocks. The fall of bitcoin in this specific context fuels doubts about its role as a safe haven in times of global economic crisis.

Altcoins and optimistic predictions : a resistance forming?

Beyond the correction of Bitcoin, attention is now turning to certain altcoins that seem to want to make their mark. Some observers identify tokens like PI, OKB, GT, and ATOM among the projects likely to outperform BTC in the coming weeks.

Their technical dynamics and the interest they spark among some investors could allow them to withstand the current volatility better. This perspective is based on a hypothesis of sector rotation within the crypto market itself, where capital would shift from major assets to more targeted projects.

In parallel, influential figures in the crypto sector continue to display marked optimism. Max Keiser, a fervent advocate of bitcoin, maintains on April 5 on platform X his bold forecast:

BTC will reach 220,000 dollars by the end of the month. Investors are desperately seeking safe havens.

This statement contrasts with the nervousness of traditional markets and reflects the increased confidence of a segment of the crypto community in the rebound potential of bitcoin.

Whether the coming days will confirm or deny these expectations, this sequence reveals a profound transformation of the correlations between cryptos and conventional asset classes. Altcoins are increasingly appearing as potential performance relays, in a market that is no longer content to wait for a bullish signal from BTC. In the short term, caution remains advisable, but strategic positioning could redraw the balance of power within the crypto ecosystem.

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Luc Jose A. avatar
Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.