- Bitcoin trades at the $83,700 price level while the stock market has lost over $3.5 trillion.
- Crypto experts and market analysts are celebrating as Bitcoin decouples from the traditional stock market.
Donald Trump’s Presidency has brought significant changes to the crypto industry in terms of market prices and regulation. After the announcement of Trump’s win in 2024, the crypto market went on a short bull run where Bitcoin and several altcoins recorded all-time highs. However, the anticipated extension of the bull run is not happening in 2025.
Trump’s crypto regulation initiatives are beneficial for broader crypto adoption. But his tariff announcements are not helping the market prices. Bitcoin price took a hit last month and lost its $90K price level. The largest crypto by market cap has been trading at the same price range of $87,000 – $81,000.
Bitcoin Price in the Last Week (Source: CoinMarketCap)
BTC is trading at $83,640 with a 2.32% rise at press time. The cryptocurrency recorded weekly and monthly price movements of +1.70% and -8.49% respectively. While its market cap is hovering around $1.65 trillion, 24-hour trading volume dropped by 17.76%.
Bitcoin Shows Resilience While Stock Market Plunges
The much-anticipated Trump’s reciprocal tariffs were announced on the Liberation Day. As expected by market leaders and experts, these tariffs impacted US stock markets negatively.
Market Analyst platform Watcher.Guru reported that the stock market lost $3.25 trillion earlier today, while only $5.4 billion was added to the market. S&P 500 lost $5.4 trillion in market cap in the last couple of days.
The BTC market showed strong resilience in contrast to the stock market. BTC market price recorded a seven-week low of above $81K on April 3, but quickly regained its $83K price level. Bitcoin’s ability to hold on to its previous price range without dropping further is garnering attention across the market.
#bitcoin decoupling finally. was thinking the coupling was fake. maybe market makers using bitcoin market shortage of fiat liquidity to auto-correlate bitcoin, noticeable on US market open.
— Adam Back (@adam3us) April 4, 2025
Bloomberg analyst James Seyffart made a post on X expressing his shock over Bitcoin’s resilience. He didn’t think BTC floats above the $80K price level under present market conditions. The founder of Blockstream, Adam Back, replied to this post, stating that BTC is decoupling from the traditional stock market.
Back also said that he always thought the coupling between BTC and the traditional stock market was fake. His post read, “Maybe market makers using Bitcoin market shortage of fiat liquidity to auto-correlate Bitcoin, noticeable on US market open.”
What’s Next For Bitcoin Price?
The resilience of the Bitcoin market price is making investors and traders anticipate its next course of action. Some people still cannot believe Bitcoin is decoupled from the traditional stock market. BTC is raising hopes of investors for a further price rally by staying firm on its price level.
Renowned market analyst Ali Martinez made a post earlier today regarding the Bitcoin market price. Based on his analysis, Bitcoin is going for a major resistance cluster at the $87,000 price level. The 50-day MA, 200-day MA, and descending trendline from Bitcoin’s ATH value all seem to converge at this price level.
If Bitcoin succeeds in breaking the resistance at $87K, we can anticipate a further price rally. Even though Bitcoin decoupled from the traditional stock market, global macroeconomic conditions must support it to sustain its price rally.
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