Bitcoin and other cryptocurrencies are sometimes praised to supply access to trade in trade. However, this constant availability could have contributed to a steep sale over the weekend after the recent announcement of the US trade tariff.
In contrast to stocks and traditional financial instruments, Bitcoin (BTC) and other cryptocurrencies make payments and industrial options across the clock as a consequence of the accessibility of blockchain technology.
After a record lack of $ 5 trillion was worn out of the S&P 500 over two days-the worst such a decline-Bitcoin remained above the support level of $ 82,000. But by Sunday the asset had dropped to lower than 75,000 US dollars.
According to Lucas Outumuro, head of the Krypto Intelligence Platform Intotbeblock, the correction on Sunday on Sunday on the weekend could have been the one major tradable capital on the weekend.
“Last week there was a little bit of optimism that Bitcoin could also be incorporated and disguised as traditional stocks, however the [correction] I accelerated over the weekend, ”said Outumuro through the Chainreaction Live show from CoinTelegraph on X and added:
“There are only very small individuals who can sell on a Sunday.
Outumuro found that Bitcoin's weekend trade may also have upward element effects, since prices often gather under quieter conditions.
Bitcoin “decoupled” from traditional assets initially, after the US stock market recorded a decrease of three.5 trillion US dollars on April 4, because the US chairman of the US federal rate, Jerome Powell, said that the “mutual tariffs” of the Trump government could significantly influence the economy and result in the next inflation.
However, Bitcoin fell below 75,000 US dollars on April 6, because the panic of traditional markets spread to cryptocurrencies as a consequence of escalating trade war concerns.
Most Bitcoin investors are “all in” and exaggerated – Adam back
According to Adam Back, CEO from Blockstream, quite a few Bitcoin owners are exaggerated to Bitcoin's 24/7 Trading Mechanics.
During a Fireside chat with cointelegraph editor Gareth Jenkinson within the Paris Blockchain week 2025 said:
“The problem with the Bitcoin market is most people who find themselves fascinated with Bitcoin. So they haven’t any money. And worse, a few of them are levered or exaggerated and it’s traded across the clock.”
Adam Back during a Fireside chat with Gareth Jenkinson from CoinTelegraph. Source: cointelegraph
“There just isn’t much volume on a weekend. So you’ve gotten a worse risk of rapid style of lightning crashes or lightning sections which might be filled out again,” he said.
Back also confirmed his conviction that Bitcoin will sustain with gold in the following decade as a protection against increasing money inflation.
