Bitcoin market analysis from April 7 to April 8, 2025


On the evening of April 7, the Bitcoin market experienced a "black Wednesday," with the price falling from $78,710 to below $75,000, a daily drop exceeding 7%, marking the largest daily decline in nearly two years. This sudden crash was caused by three main factors: first, new US customs policy triggered shocks in global financial markets; second, miners were forced to sell Bitcoin due to declining profits; third, market liquidity continues to shrink, and investors are exhibiting high caution.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt