Finance News
By Steven Anderson
1 / 15
Markets Turn Ugly Fast. Stock markets crashed too. The S&P 500 went red after starting green, while Asia-Pacific…
2 / 15
Technical Picture Gets Murky. Bitcoin ended March with small gains but it's still down about 45% from its $126,000 peak.
3 / 15
Crypto Funds Feel Pain. Crypto hedge funds got hammered. Pantera Capital reported a 3.
4 / 15
Bitcoin crashed below $66,000 early Tuesday morning. President Trump's hints about possible military action against Iran sent shockwaves through global markets, with investors…
5 / 15
The selloff started right after Trump's Monday address, where he didn't rule out escalating tensions with Iran. Crypto traders got spooked pretty much immediately.
6 / 15
Stock markets crashed too. The S&P 500 went red after starting green, while Asia-Pacific stocks gave up all their morning gains.
7 / 15
Bitcoin's tie to traditional markets became crystal clear. Data shows a 0.75 correlation with the S&P 500 right now.
8 / 15
The crypto fear and greed index plunged to 28, deep in fear territory.
9 / 15
Bitcoin ended March with small gains but it's still down about 45% from its $126,000 peak. Now it's dancing around a critical support zone between $64,000 and $65,000.
10 / 15
Resistance sits at $68,000 and $70,000. Bitcoin needs to reclaim those levels to shift sentiment back to bullish.
11 / 15
Long-term holders control 80% of Bitcoin supply, which usually signals a late-stage bear market.
12 / 15
Companies like Riot Platforms and MARA Holdings started selling Bitcoin to manage cash flow. More selling pressure when the market's already weak. Not ideal timing.
13 / 15
Traders watched Bitcoin approach the psychological $60,000 level Tuesday. Many investors see that as a make-or-break point for short-term sentiment.
14 / 15
April 1 saw institutional sentiment shift hard. Several big funds adjusted crypto positions because of geopolitical worries.
15 / 15
The Chicago Mercantile Exchange reported Bitcoin futures volume spiked Tuesday. CME data showed open interest in Bitcoin contracts hit monthly highs.
The Currency Analytics
Want the full story?