Bitcoin Shows Resilience Amid Market Turmoil, Eyes $80K Amid Volatility
Bitcoin has demonstrated a modest recovery following a turbulent week marked by President Donald Trump’s aggressive tariff policies and rising bond yields. After briefly dipping below $75,000, the cryptocurrency has climbed back toward the $80,000 mark, posting a 3% gain in the last 24 hours. However, analysts warn of continued volatility as investors navigate uncertain macroeconomic conditions.
Bitcoin Recovers Slightly Amid Rising Bond Yields and Trump’s Tariff Policy
President Donald Trump’s aggressive new tariff policy last week has sent markets reeling, with crypto investors feeling the pain after trillions of dollars were wiped from global stock indices. On Monday, Bitcoin’s price recovered slightly after dropping below $75,000 during early morning trade. The crypto is hovering near $80,000, up 3% over the last 24 hours. Still, more volatility is expected as investors try to navigate a new global economic order under Trump. Paying attention to the U.S. bond markets is key, as bond yields jumped while the stock market plunged. Crypto investors and Bitcoiners should pay attention to these changes as they can impact the cryptocurrency market.
Markets Volatility Returns: Stocks and Bitcoin Collapse
The last 72 hours have seen stocks collapsing and Bitcoin dropping 25% from its highs. Tariff chaos is affecting global markets, causing volatility to return. Understanding these changes is crucial for investors. B.R.O. (Blockhead Research Office) offers a curated newsletter for investors who want deeper insights into macro trends and market movements, including tariff shocks, policy pivots, and institutional flows across digital assets.
Strategy Reports $5.91 Billion Unrealized Loss on Bitcoin Holdings
Strategy, formerly MicroStrategy, reported massive unrealized losses in Q1 of 2025. The firm revealed $5.91 billion in unrealized losses on its Bitcoin (BTC) reserves due to the widespread decline in digital asset markets. On March 31, Strategy held 528,185 BTC, worth more than $43 billion, which makes up nearly 3% of the total Bitcoin supply. Since 2020, Strategy has invested about $36 billion to acquire Bitcoin at an average price of $67,458. Bitcoin purchases were paused after Q1 as BTC prices dipped below $84K, positioning the company as a major player in the digital assets sector despite the losses.
US Government’s Crypto Holdings Drop 25% in Value Since Trump Took Office
The US government’s crypto holdings have declined by 24.77%, from $21.15 billion to $15.911 billion, since Donald Trump took office. The majority of these assets are in Bitcoin, seized through law enforcement actions, with no new purchases made. The market crash and new tariff policies are believed to be the main drivers of this sharp valuation drop. Prior to becoming president, Trump’s campaign promises to make the US a crypto-friendly nation sparked discussions among crypto investors about potential government purchases of cryptocurrencies.
Cboe to Launch FTSE Bitcoin Index Futures on Apr. 28
Cboe Global Markets plans to launch a new Bitcoin futures product, the Cboe FTSE Bitcoin (BTC) Index Futures, on Apr. 28, subject to regulatory approval. The futures contract will be based on the FTSE Bitcoin Index and will be cash-settled, with a value reduced to a tenth of its original. It will trade under the XBTF ticker and settle on the last business day of each month. The product aims to provide traders with greater control over their exposure to Bitcoin without requiring them to hold the actual asset. Cboe says the new futures product complements its recently launched options tied to Bitcoin exchange-traded funds.