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Cryptocurrency News Articles
Bitcoin Drops to $76K as MAGACOIN FINANCE Surges Toward 2,500% Growth
Apr 12, 2025 at 04:41 pm
With $5.8 trillion wiped out from U.S. stocks and Bitcoin crashing 15%, investors are hunting for fresh opportunities. MAGACOIN FINANCE has already proven it can swim against the tide
Bitcoin is facing renewed pressure after slipping to $76,000 following a 15% tumble linked to China’s shocking 84% tariff announcement on U.S. goods. The geopolitical ripple has seen global markets crumble, erasing $5.8 trillion from U.S. markets alone and prompting whispers of a Federal Reserve intervention.
However, while Bitcoin struggles and blue-chip cryptos are seeing outflows, a new contender is emerging to capture investor attention—especially as traders search for opportunities to multiply their capital in a week defined by widespread losses.
The U.S.–China standoff has triggered the largest market correction since the inception of the S&P 500. Stocks are sliding, fear is rising, and crypto isn’t immune. Bitcoin dipped as low as $74,500, while the global crypto market cap plunged from $3.66 trillion in January to just $2.45 trillion. The Crypto Fear and Greed Index has sunk to 18—its lowest since June 2022.
In contrast, MAGACOIN FINANCE is continuing to gain steam. With a token that now boasts more than 10,000 holders and is quickly becoming one of the Best Cryptos to Buy This Week for Exponential Returns, it’s managing to stay afloat amid the chaos. Analysts are also projecting 20x–30x gains by Summer 2025 for the token, making it a hot pick among those seeking huge returns.
Bitcoin Price Falls to $76K as China Pushes Up Tariffs to 84% in New Blow to U.S. Goods—Dow Futures Plummet 790 Points
Global markets are in freefall. On April 9, China announced sweeping 84% tariffs on U.S. goods, sparking a massive downturn. U.S. stock futures plunged—Dow down 790 points, S&P 500 down 1.8%, and Nasdaq down 1.5%. The S&P 500 has now lost $5.8 trillion in value over just four days, approaching bear market territory.
In response to the unfolding crisis, rumors of a Fed intervention began swirling. Reports claim that the Fed could intervene with interest rate cuts to salvage the floundering markets.
However, the escalating trade war is presenting a significant obstacle to the crypto market. After hitting highs of $109K in January, Bitcoin now trades at price levels last seen in December 2023. It currently stands at $76K, having touched lows of $74.5K in the last 24 hours.
The crypto market is feeling the heat as the U.S.–China standoff deepens. The Fear and Greed Index fell to 18, signaling “Extreme Fear” among traders.
But While Bitcoin Drops, Another Token Hits 10,000 Holders
As blue-chip cryptos like BTC and ETH struggle, another token is managing to rally despite the turbulent climate.
Clocking in at over 10,000+ ఇధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీరధీરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતીરતી
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