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Bitcoin Drops Below $79K as Cryptos Plunge, Stock Futures Fall Another 5%

CoinDesk LogoCoinDesk2w ago

Bitcoin Drops Below $79K as Cryptos Plunge, Stock Futures Fall Another 5% - CoinDesk

Quick Summary:

Hedge funder Bill Ackman called President Trump's tariff plan "economic nuclear war" and urged a Monday pause.

The 10-year Treasury yield is down 14 basis points from its Friday close at 3.85%.

"Alternatively, we are heading for a self-induced, economic nuclear winter, and we should start hunkering down".

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Bitcoin Drops Below $79K as Cryptos Plunge, Stock Futures Fall Another 5% - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Stephen Alpher

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-06 @ 21:35:02 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 302 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27632688

View Article Analysis

About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Year Established: 2013

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

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The story "Bitcoin Drops Below $79K as Cryptos Plunge, Stock Futures Fall Another 5%" was covered 2 weeks ago by CoinDesk, a news publisher based in United States.

How trustworthy is 'CoinDesk' news outlet?

CoinDesk is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 0 news stories per day.

It's most recent story was published 1 days ago.

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  • News ID: #27632688
  • URL: https://biskek.beamstart.com/news/bitcoin-drops-below-79k-as-17439789359643

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