{"id":126715,"date":"2025-04-08T14:18:05","date_gmt":"2025-04-08T14:18:05","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126715"},"modified":"2025-04-08T14:18:05","modified_gmt":"2025-04-08T14:18:05","slug":"bitcoins-24-7-liquidity-double-edged-sword-during-global-market-turmoil","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126715","title":{"rendered":"Bitcoin\u2019s 24\/7 liquidity: Double-edged sword during global market turmoil"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBitcoin and other cryptocurrencies are often praised for offering around-the-clock trading access, but that constant availability may have contributed to a steep sell-off over the weekend following the latest US trade tariff announcement.<br \/>\nUnlike stocks and traditional financial instruments, Bitcoin (BTC) and other cryptocurrencies enable payments and trading opportunities 24\/7 thanks to the accessibility of blockchain technology.<br \/>\nAfter a record-breaking $5 trillion was wiped from the S&amp;P 500 over two days \u2014 the worst such drop on record \u2014 Bitcoin remained above the $82,000 support level. But by Sunday, the asset had plummeted to under $75,000.<br \/>\nSunday\u2019s correction may have occurred to due Bitcoin being the only large tradable asset over the weekend, according to Lucas Outumuro, head of research at crypto intelligence platform IntoTheBlock.\u00a0<br \/>\n\u201cThere was a bit of optimism last week that Bitcoin might be uncorrelating and fairing better than traditional stocks, but the [correction] did accelerate over the weekend,\u201d Outumuro said during Cointelegraph\u2019s Chainreaction live show on X, adding:<br \/>\n\u201cThere\u2019s very little people can sell on a Sunday cause most markets are closed. That also enables the correlation because people are panicking and Bitcoin is the largest asset they can sell over the weekend.\u201d<br \/>\nOutumuro noted that Bitcoin\u2019s weekend trading can also have upside effects, as prices often rally in calmer conditions.<br \/>\nRelated: Trump tariff negotiations are \u2018all about\u2019 China deal \u2014 Raoul Pal<br \/>\nBitcoin initially \u201cdecoupled\u201d from traditional assets after the US stock market saw a $3.5 trillion drop on April 4 as US Federal Reserve Chair Jerome Powell said the Trump administration\u2019s \u201creciprocal tariffs\u201d could significantly affect the economy and lead to higher inflation.<br \/>\nHowever, Bitcoin fell below $75,000 on April 6 as the panic from traditional markets spread to cryptocurrencies over escalating trade war concerns.<br \/>\nRelated: Bitcoin price can hit $250K in 2025 if Fed shifts to QE: Arthur Hayes<br \/>\nMost Bitcoin investors are \u201call in\u201d and overleveraged \u2014 Adam Back<br \/>\nAdding to Bitcoin\u2019s 24\/7 trading mechanics, numerous Bitcoin holders are overleveraged, according to Blockstream CEO Adam Back.<br \/>\nSpeaking during a fireside chat with Cointelegraph managing editor Gareth Jenkinson at Paris Blockchain Week 2025, Back said:<br \/>\n\u201cThe problem with the Bitcoin market is most of the people who are into Bitcoin are all in. So they&#8217;ve got no money. And worse, some of them are leveraged or overleveraged and it trades 24\/7.\u201d<br \/>\nAdam Back during a fireside chat with Cointelegraph\u2019s Gareth Jenkinson. Source: Cointelegraph\u201cOn a weekend, there\u2019s not much volume. So you have a worse risk of rapid sort of flash crashes or flash dips that get filled in again,\u201d he said.<br \/>\nBack also reiterated his belief that Bitcoin will rival gold over the next decade as a hedge against rising monetary inflation.<br \/>\nMagazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler\u2019s Digest, March 23 \u2013 29<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-24-7-liquidity-double-edged-sword-marketturmoil?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBitcoin and other cryptocurrencies are often praised for offering around-the-clock trading access, but that constant availability may have contributed to a steep sell-off over the weekend following the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126715"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126715"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126715\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126715"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}