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BTC Slips to $78.6K in Major Sunday Drop

BTC Slips to $78.6K in Major Sunday Drop

Bitcoin.comBitcoin.com2025/04/06 23:33
By:Bitcoin.com

By 3 p.m. ET on April 6, 2025, bitcoin ( BTC) had dipped further to $78,639, deepening its retreat from recent peaks and indicating a market still gripped by caution. This added pullback builds on the morning’s downturn, hinting at dwindling momentum as Wall Street prepares to reopen Monday.

BTC Slips to $78.6K in Major Sunday Drop image 0

BTC/USD 1H chart via Bitstamp on April 6, 2025.

While bitcoin’s trading volume has seen a slight uptick, the flow remains largely driven by selling, pointing to a lackluster appetite on the buy side. With liquidations in the derivatives market on the rise and regional pricing gaps lingering, bitcoin’s Sunday trajectory may continue to offer insight into the broader appetite for risk as the new week begins.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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