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Bitcoin ( BTC ) has plunged below $80,000 for the first time in weeks, sparking concern that the crypto bull cycle may be losing steam. Over the weekend, BTC dropped as much as 11% to a 25-day low of $74,660 amid intensifying global trade tensions, following U.S. President Donald Trump’s announcement of steep new tariffs on key U.S. trading partners. This broader macro shock triggered a global market rout, with the S&P 500 tumbling 6% on April 4, its worst performance since the pandemic-driven crash in March 2020 and nearly $300 billion in crypto liquidations over the weekend , mostly from overleveraged long positions . As of press time, the leading cryptocurrency is trading at $75,643, down more than 8% over the past 24 hours. BTC one-day price chart. Source: Finbold Is the Bitcoin bull market over? The recent downturn in Bitcoin’s price has reignited debate over whether the current bull cycle has already peaked. While price volatility raises concerns, deeper signals from on-chain data suggest a more sustained shift in momentum, according to CryptoQuant CEO Ki Young Ju. Ju recently highlighted a growing disconnect between two critical on-chain metrics—Realized Cap and Market Capitalization, as evidence that Bitcoin may have already entered a bearish phase. BTC Market Cap vs Realised Cap. Source: CryptoQuant/X Realized Cap accounts for the price at which each unit of BTC last moved on-chain, offering a view of the actual capital entering the market. Meanwhile, Market Cap reflects the market’s valuation based on current prices and total supply, often swinging sharply with shifts in buy-sell dynamics. When Realized Cap rises while Market Cap stays flat or falls, it suggests that although capital is flowing in, it’s being absorbed by heavy sell pressure, an indicator of bearish sentiment. On the flip side, if Market Cap surges without a corresponding rise in Realized Cap, it usually means small capital inflows are pushing prices higher, typical of bullish conditions. With current data showing the former scenario playing out, analysts warn that a quick recovery is unlikely. Historically, similar patterns have taken several months to reverse, suggesting that Bitcoin could face an extended period of consolidation of at least six months before any meaningful rebound. Featured image via Shutterstock The post Bitcoin crashes under $80k: Is the BTC bull cycle over? appeared first on Finbold .
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Investors Brace for Federal Reserve’s Actions as Market Volatility Surges
Investors are concerned about potential Fed interventions affecting financial markets. Expectations for interest rate cuts are influencing market risk perceptions significantly. Continue Reading: Investors Brace for Federal Reserve’s Actions as Market Volatility Surges The post Investors Brace for Federal Reserve’s Actions as Market Volatility Surges appeared first on COINTURK NEWS . Finbold
Cathie Wood’s ARK Invest Buys Coinbase Dip, Grows Total COIN Holdings to $448,700,000
Hedge fund manager Cathie Wood has doubled down on shares of Coinbase (COIN) amid the tariff-induced stock market crash. According to Cathiesark.com , Ark Invest placed three buy orders for Coinbase stock on April 4th, amounting to over $13 million, making COIN the second-largest holding in all its combined exchange-traded funds (ETFs). COIN is currently trading at $161, about 54% down from its December 2024 high. In a recent video update, Wood says that she expects Bitcoin ( BTC ) to begin outperforming gold in the coming months. According to the investor, the BTC to gold ratio hasn’t broken its long-term uptrend. “Gold has had a good run against Bitcoin. Bitcoin did very well relative to gold in 2023 and 2024, but not so this year. Nonetheless, we do think over time, Bitcoin will appreciate relative to gold, and as you can see, it has not broken the uptrend line.” Source: Ark Invest/YouTube While bullish on Bitcoin and Coinbase, Wood said last month that she expects many other crypto assets to go to zero, particularly tokens in the memecoin space. In an interview with Bloomberg, Wood predicted that “millions” of memecoins would become worthless. “What we think will happen is there will be some fearsome declines in the prices of some of these meme assets, and there’s nothing like losing money for people to learn. Now learn that the SEC and regulators are not taking responsibility for these memecoins… The millions of memecoins will probably end up worthless. When we’re talking about the big three – Bitcoin, Ethereum, Solana, the use cases for those are multiplying, and we think they’re going to become very important in the years ahead. Memecoins, not so.” Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Cathie Wood’s ARK Invest Buys Coinbase Dip, Grows Total COIN Holdings to $448,700,000 appeared first on The Daily Hodl . Finbold
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US Markets Face Turbulent Times as Key Officials Speak Out
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