Amid international financial uncertainty, Bitcoin's price continued its decline, falling below $82,000 for the first time in a long period. The drop is attributed to investor anxiety over anticipated changes in US trade policy.
Bitcoin Faces Mounting Pressure Amid Weak Technicals
Bitcoin is trading at approximately $81,800, reflecting a continued downtrend from its late March highs. Technical indicators show weak buying interest, as Bitcoin continues trading below significant exponential moving averages. The lack of substantial buying strength indicates potential further price decline.
Global Markets Brace for Policy Shock as Altcoins Slide
Amidst global recession and instability, altcoins initially held their positions but are also facing pressure due to overall market weakness. Market operators are monitoring US announcements on potential tariff changes, which may prompt responses from other nations.
Gold Rises as Safe-Haven Assets Outperform Crypto
Gold prices have reached new highs, surpassing $3,087, as investor interest in traditional safe-haven assets rises. This contrasts with Bitcoin's poor Q1 2025 performance. Gold price increases are driven by concerns about potential global recession, estimated at a 35% likelihood.
As macroeconomic uncertainty persists, pressure on Bitcoin and other digital assets is likely to mount. Investors continue to prefer safer assets like gold, awaiting stability in global markets.
