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    MarketForces Africa » Cryptocurrency » Bitcoin Hits Fresh Low as Crypto Market Bleeds

    Bitcoin Hits Fresh Low as Crypto Market Bleeds

    Marketforces AfricaBy Marketforces AfricaApril 7, 2025 Cryptocurrency No Comments2 Mins Read
    Bitcoin Hits Fresh Low as Crypto Market Bleeds
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    Bitcoin Hits Fresh Low as Crypto Market Bleeds

    The trading price of the world’s largest digital asset, Bitcoin, fell sharply on Monday to hit a new low in 2025 amidst global uncertainty that is pushing investment interest towards safe haven investments.

    The sell pressures on top cryptocurrencies have a negative impact on the market value of all listed digital assets in the market today. Data showed that the global crypto market cap declined by 2.34% in the last 24 hours to settle at $2.5 trillion.

    The total crypto market volume over the last 24 hours spiked to $233.19 billion with mixed trading transactions, which makes a 351.49% increase. The total volume in DeFi printed at $13.82 billion, accounting for 5.92% of the total crypto market’s 24-hour volume.

    The volume of all stable coins is now $220.13 billion, according to data from CoinMarketCap.com, which is 94.40% of the total crypto market’s 24-hour volume.

    Bitcoin (BTCUSD) is trading at the $78,800 level at press time after losing more than 5% in the last seven trading sessions—down by 5.1% to around $74,835. The digital asset had lost 5% in 24 hours before it started its recovery journey.

    Ethereum is also under significant sell pressure, trading at $1,555 after it lost more than 15% in a week due to investors exiting their positions for safer investment assets.  #Bitcoin Hits Fresh Low as Crypto Market Bleeds Yield Slides on Post Auction Demand for Nigerian Treasury Bills

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