Yesterday,


April 2, 2026, was a tough day for the crypto markets as Bitcoin took a noticeable hit, sliding nearly 2.4% to settle around the $66,500 mark.

The volatility was largely driven by a "risk-off" sentiment following escalating geopolitical tensions, specifically fresh headlines regarding potential military actions and new trade tariffs that sent jitters through global markets. We saw $BTC lose its grip on the $68,000 level early in the session, eventually dipping to an intraday low near $65,700 before finding some minor stability.
It’s a classic reminder of how closely Bitcoin is currently tracking with traditional equities—the correlation with the S&P 500 is sitting high right now, meaning when macro uncertainty hits, BTC feels the burn just like tech stocks.
For those of us watching the charts, the focus has shifted to whether we can hold the $64,000–$65,000 support zone; if that snaps, we might be looking at a retest of the $60k psychological floor.

It’s definitely a "wait and watch" environment as the market tries to digest these external shocks.
BTC0,77%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin