Date: 2025-04-03
Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets.BTC/USD 4-hour chart. Source: Cointelegraph/TradingViewBitcoin gives early April gains as stocks plummetData from Cointelegraph Markets Pro and TradingView confirmed the first trip below $82,000 for BTC/USD since the start of the month.After initially surging as high as $88,580 as the US government unveiled reciprocal trade tariffs, Bitcoin soon ran out of steam as the reality of the stronger-than-expected measures hit home.US stocks then followed, with the S&P 500 down over 4% on the day at the time of writing.“Today's -3.7% drop puts the S&P 500 on track for its largest daily decline since the 2020 pandemic lockdowns...
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