The price of Bitcoin today remains at around US$82,500
on Saturday 05/04/2025, after days marked by marked instability in the market. The main cryptocurrency faced strong fluctuations influenced by economic decisions with global impact, including renewed tensions in the United States Trade War.
The week began with BTC falling to $81,200, but the asset quickly reacted, reaching over $88,000 after news that Elon Musk had distanced himself from Donald Trump’s closest political circle. However, new tariffs imposed by the US government caused the market to react negatively, with the price falling more than $6 in a few hours.
Over the weekend, other nations responded with similar economic measures, which added even more instability. The support at $81 was tested more than once and now the bears are once again trying to push the price closer to $80.
With this, Bitcoin ends the period quoted at US$82,500, maintaining a market capitalization of approximately US$1.66 trillion. The cryptocurrency’s dominance over altcoins registered a slight drop, falling below 60%.
Among the altcoins, Pi Network stood out as it showed signs of recovery after a long period of losses. The PI token appreciated 30% in the last 24 hours and was quoted close to US$0.89, now trading at US$0.65, still up 25% in the last 24 hours. Despite the one-off increase, the monthly performance is still negative, with an accumulated drop of 64%.
OKB also saw a positive result, rising more than 9% to surpass $51. Conversely, the TON cryptocurrency recorded the biggest loss among large-cap assets, falling 7%. LEO and ICP also saw declines.
Other assets such as SOL, XRP and DOGE saw more modest gains, while BNB, ADA and TRX saw slight losses on the day. The total cryptocurrency market cap is up by around $60 billion from yesterday’s low, reaching $2.78 trillion.