Bitcoin price retakes $80K as US stocks avoid ‘Black Monday’ meltdown
Bitcoin appears to find its footing, rallying above $80,000 and copying stocks by bouncing back from its initial tariff-induced losses.
Bitcoin (BTC) sought a relief rally into the April 7 Wall Street open as US stocks rebounded from a 4%+ loss.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed the area around $80,000 forming a focus for BTC/USD after the pair hit five-month lows.
