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Bitcoin (BTC) continued its downward slide early Thursday, trading at $81,994.00 as of 8:59 am, Thursday, 3 April 2025 (Eastern Time). The world’s largest cryptocurrency fell $2,961.54 in the past 24 hours, marking a 3.49% decline.
The 24-hour high stood at $88,500.00, while the day’s low touched $81,889.30. Total daily volume hit 45,133.47 BTC, with over $3.83 billion in USDT traded across markets.
More notably, Bitcoin is now down 24.8% from its historical high of $109,114.88, reflecting the ongoing pressure on the crypto market amid broader macroeconomic uncertainties. The recent correction follows former U.S. President Donald Trump’s announcement on April 2 of sweeping new tariffs on imported goods—a move that has rippled across global risk assets, including cryptocurrencies.
Analysts say the sell-off may also be driven by profit-booking and cautious investor sentiment ahead of key economic data expected later this week.
Despite the decline, Bitcoin continues to show strong long-term fundamentals, with growing institutional interest and rising network adoption via innovations like the Lightning Network. However, the near-term outlook remains volatile.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are subject to market risks. Please conduct your own research before investing.