Date: 2025-04-08
Bitcoin (BTC) danced around $80,000 at the April 8 Wall Street open as US stock markets staged a fresh recovery, but unresolved tensions between China and the US continue to put a damper on BTC’s upside. BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewHayes: Bitcoin can repeat historic China inflowsData from Cointelegraph Markets Pro and TradingView showed BTC price volatility cooling while the S&P 500 and Nasdaq Composite Index gained up to 4.3% in the first few hours of trading.Stocks built on a strong rebound that had accompanied the start of the week’s TradFi trading, alleviating fears of a 1987 “Black Monday” style crash. US trade tariffs nonetheless stayed top of the agenda for traders, who in particular eyed the ongoing war of...
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