Why did the encryption market decrease today? The market loses $ 250 billion with Bitcoin approaching

Tldr
- The price of Bitcoin is close to the “Death Cross” pattern, decreased to $ 81,500 with Nasdaq and S&P 500 shows similar technical patterns
- Global markets witnessed great losses last week, as S&P eradicated $ 2 trillion in the investor wealth
- The maximum Crypto market fell $ 250 billion a week, as Altcoins offer two numbers losses
- Trump’s planned tariff and recession pays uncertainty in the market and risk alienation
- Bitcoin miners sold more than 2,400 BTC (about $ 220 million) last week, which increases the pressure pressure
Bitcoin price decreased to 81,500 dollars The levels are collected as the technical patterns and trends of the global market and geopolitical factors to create a declining pressure in the encryption markets.
The largest cryptocurrency in the world decreased by approximately 8 % over the past week, as it decreased from the last levels of $ 8,800.
The low prices come at a time when Bitcoin is approaching, along with major stock indicators such as S&P 500 and NASDAQ, what analysts call “Death Cross”. This artistic composition occurs when the average movement in the short term crosses less than that long -term, which often indicates more than one side.
BTC price
Market data shows that the encryption market has lost approximately $ 250 billion in the total value during the past week. The total market ceiling is now about $ 2.75 trillion, a decrease from the last summits of more than $ 3 trillion.
Bitcoin problems reflect the wider market trends. S&P 500 wiped about $ 2 trillion of investor wealth during trading sessions last week. After the markets were closed on Friday, the futures contracts decreased in the S&P 500, which led to an additional $ 120 billion in minutes.
Bitcoin tried to raise 90,000 dollars earlier in March, but faced a strong rejection of about $ 89,000. The Trump’s announcement of the car tariff soon reflected by 25 % of the market gains, with more customs tariffs on Russia with additional pressure on prices.
Economist Peter Chef used the market’s decline to criticize Bitcoin’s “digital gold”. He pointed out that although gold has reached new standard levels above $ 3,090, risk assets such as stocks and bitcoin were selling.
On Martinez’s highly important trend may affect bitcoin prices. According to Martinez, the width of the global money has already decreased by about $ 1 trillion over the past two weeks, which contradicts the liquidity -based growth forecast.
One of the current Saudi novels is that #Bitcoin $ BTC It will collect with the growth of global liquidity.
But what does not tell you is that the global offer has decreased the number of trillion dollars in the past two weeks! https://t.co/fvwzeikzqw pic.twitter.com/wheweug65k
Ali (ali_charts) March 30, 2025
Bitcoin miners were also selling their property. The data indicates that miners have emptied more than 2,400 BTC during the past week, at a value of approximately $ 220 million at current prices.
The pressure pressure comes Amid increasing concerns about the planned tariffs. The Wall Street Journal reported that Trump is considering the high tariffs against up to 25 countries, at potential rates of 20 % for individual countries.
Trump is scheduled to reveal his plans for mutual trade definitions on April 2. The possibility of these definitions has created uncertainty in the markets, which greatly led to a positive feeling from Trump in the past of the Bitcoin Reserve.
Goldman Sachs recently raised the possibility of the United States to 35 % of 20 % over the next 12 months. The Investment Bank pointed to the uncertainty about the Trump tariff, constant inflation and signs of consumer and commercial morale.
The recent losses of Bitcoin decreased by approximately 40 % of the standard levels that it reached soon from Trump’s opening in January. Specific assets such as cryptocurrencies often low -performance during times of economic uncertainty.
Altcoins has taken a more difficult blow than Bitcoin. ethereumand Xrpand Kardano, Chainlink, Avalanche, Hedra and Litecoin have published declines in two -number price prices.
XRP seems to be the worst performance among large coins in the market. Its price has been largely eradicated by all the gains made after the Supreme Education Council dropped its case against the source ripples under the Trump administration.
As of the time of the press, Bitcoin is trading a little $ 82,000 with daily trading sizes about $ 17.2 billion. BTC Futures’s open interest decreased by 2.7 %, as it decreased to less than $ 53 billion, while references for 24 hours reached $ 64 million.
https://coincentral.com/wp-content/uploads/2025/02/red-crash.jpg