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Crypto Market: Bitcoin Approaches $80,000, Other Cryptos Show Gains

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by Giorgi Kostiuk

9 days ago


After the sharp decline on April 7, the crypto market is showing signs of recovery, while investors continue to exercise caution.

Bitcoin at the Head of a Fragile Recovery

Bitcoin is once again approaching the symbolic mark of $80,000, trading at $79,675 with a 2.74% increase in the last 24 hours. This rebound follows a significant drop triggered by new tariffs announced by President Donald Trump.

Crypto Market Remains Cautious Despite Recovery

Despite the recovery, the fear and greed index remains low at 19 points, signaling 'extreme fear'. Investors continue to favor Bitcoin, which retains its dominant position, while trading volumes have surged by 18%, reaching $82 billion.

Overall Sentiment and Forecasts

Experts caution of potential volatility in the coming days as the market continues to assess the impact of the economic measures announced by Trump on the entire crypto sector.

The crypto market shows signs of recovery, but investors remain cautious amid ongoing volatility and uncertainty.

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