Bitcoin Slightly Recovers After Dropping Below $76K
Bitcoin price tumbled below $76,000 earlier today but has slightly recovered to $76,737.68. Despite the rebound, BTC USD remains down 7.4% in the last 24 hours.
The decline follows US President Donald Trump’s sweeping tariffs, which triggered panic across financial markets. Crypto, stocks, and global indices plunged.
Bitcoin Price Fluctuations in the last 24 hours [CoinGecko]
Bitcoin and Altcoins Suffer Heavy Losses
Ethereum, Solana, and Cardano suffered steeper declines, losing over 15% each. Bitcoin has lost almost all gains made since Trump’s election.
The broader crypto market lost over $245 billion in a single day, as investors scrambled for safety.
Trump’s Tariffs Shake Global Markets
Trump’s trade policies have sparked fears of a recession. China retaliated with 34% tariffs on US goods, worsening the situation.
Japan’s Nikkei 225 index entered a bear market. The MSCI Asia Pacific Index posted its worst decline since 2008.
Also Read: Aussie Dollar Nosedives: Biggest Fall in 17 Years
Stock Markets Mirror Crypto’s Fall
Germany’s DAX index fell over 10% before slightly recovering. US futures for the S&P 500 and Nasdaq dropped about 4%.
The VIX, also known as the fear index, soared to levels last seen during the COVID-19 crash in March 2020.
Recession Fears Grip Investors
Market analysts are comparing the situation to Black Monday. Billionaire investor Bill Ackman called for a 90-day pause on tariffs.
“If Trump continues this path, we’re heading for an economic nuclear winter,” Ackman warned.
Bitcoin’s Volatile Year – A Rollercoaster Ride
Bitcoin price started November at $70,000 before soaring to $109,000 in January. Since Trump’s inauguration, it has dropped nearly 30%.
The recent plunge marks Bitcoin’s worst first quarter since 2015. Traders fear an early bear market could be underway.
Altcoins Hit Harder Than Bitcoin
Ethereum, measured in Bitcoin terms, dropped below 0.020 BTC, approaching all-time lows. The altcoin market crashed 28% in 2025.
Crypto analysts warn that the worst may not be over, especially if recession fears continue to rise.
Can Bitcoin Recover?
Despite today’s slight recovery, Bitcoin remains highly volatile. Historically, major crashes have led to strong rebounds.
However, if global markets continue to slide, Bitcoin could face more pressure in the coming weeks.
Final Thoughts
The Bitcoin price crash is part of a broader market turmoil. Trump’s tariffs, global recession fears, and investor panic are driving volatility.
Crypto traders are bracing for more turbulence. The question remains—will Bitcoin bounce back, or is a deeper fall coming?
