---
title: "Bitcoin Price Crashes Below $80K in Anticipation of ‘Bloody’ Monday Open for Stock Markets"
url: https://diffcoin.com/bitcoin-price-crashes-below-80k-in-anticipation-of-bloody-monday-open-for-stock-markets/
description: "Bitcoin drops below $80,000, triggering a liquidation cascade of around $600 million in hours."
published: 2025-04-06
updated: 2025-04-06
author: "Mila"
site: "Diffcoin"
---

# Bitcoin Price Crashes Below $80K in Anticipation of ‘Bloody’ Monday Open for Stock Markets

Bitcoin’s price dropped suddenly in the past few hours, tanking from slightly less than $83,000 to below $79,000.

In doing so, the market saw a spike in liquidation levels, as leveraged positions worth almost $600 million were wiped off, according to data from CoinGlass.

Source: TradingView

The move comes following a few ‘calm’ days during which BTC was outperforming major indices, prompting many to outline its properties as digital store of value.

Commenting on the matter was Jonatan Randing, a popular analyst, who outlined that BTC appears to be on its way of hitting the Weekly 50 EMA, which has historically acted as a good level of support during bull markets, promptly asking the question if we are in a bull market at all.

> Bitcoin about to hit the Weekly 50 EMA – Historically a good level of support in bull markets.
> 
> But are we in a bull market? [pic.twitter.com/otbb0xUzpw](https://t.co/otbb0xUzpw)
> 
> — Jonatan Randin (@JonatanRLZ) [April 6, 2025](https://twitter.com/JonatanRLZ/status/1908960593542815758?ref_src=twsrc%5Etfw)

Meanwhile, the markets are under serious tension in anticipation of reciprocal tariffs on behalf of the European Union, following Trump’s decision to impose a 20% levies on EU imports.

It appears traders are bracing for a ‘bloody’ market open on Monday following what was the worst trading week for major indices such as the S&P 500, NASDAQ 100, and the DJI since the COVID crash in 2020.

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