Bitcoin bulls defend $80K support as ‘World War 3 of trade wars’ crushes US stocks

Date: 2025-04-04

Bitcoin (BTC) price dodged the chaotic volatility that crushed equities markets on the April 4 Wall Street open by holding above the $82,000 level.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewUS stocks notch record losses as analysts predict “long trade war”Data from Cointelegraph Markets Pro and TradingView showed erratic moves on Bitcoin’s lower timeframes as the daily high near $84,700 evaporated as BTC price dropped by $2,500 at the start of the US trading session.Fears over a prolonged US trade war and subsequent recession fueled market downside, with the S&P 500 and Nasdaq Composite Index both falling another 3.5% after the open.S&P 500 1-day chart. Source: Cointelegraph/TradingViewIn ongoing market coverage, trading resourc...

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