Bitcoin fell sharply on Tuesday, sliding 4% to $76,159, as a wave of market volatility swept through global markets following US President Donald Trump’s newly announced tariffs. The broader sell-off last week pushed US equities to their steepest decline since 2020. The ripple effect quickly spread to digital assets.

The leading cryptocurrency, which had mostly hovered above $80,000 throughout 2025, broke below the key $78,000 level for the first time in weeks. BTC’s decline was not isolated as stocks tumbled and gold fell.

Other cryptocurrencies suffered more considerable losses overnight. Ether and the token tied to Solana tumbled about 5%.

Bitcoin Tracks Tech Stocks as Global Sell-Off Deepens.

The drop puts Bitcoin roughly 28% off its January all-time high. Other major tokens also saw steep losses. Ethereum retraced to $1,444, XRP dropped nearly 6%, and Solana hit a low of $102.

Bitcoin’s behavior in recent months has increasingly mirrored that of major tech stocks, often moving in sync with indices like the S&P 500 and Nasdaq. Analysts recorded a weekly correlation of 0.88 between Bitcoin and the equities market in March. That alignment has held, as last week’s sell-off across Wall Street, driven by fears of a global trade war, pulled Bitcoin down with it.

Crypto Liquidations Spike, Yet Long-Term Outlook Remains Positive.

These price swings may rattle speculators, but ultimately, this is just noise,” said Gadi Chait, investment manager at Xapo Bank. “Bitcoin has always been and always will be a long-term play; its value lies in its inherent sovereignty, decentralization, and finite nature, not short-term volatility. We’ve been here before, and we’ll likely be here again, but Bitcoin’s long-term trajectory remains undeniable.”

Despite the reassurance, signs of stress were clear in derivatives markets. Coinglass data showed $976m in crypto positions were liquidated on Monday. Long positions accounted for $842.2m of that total.

Additionally, more than 318,000 traders were liquidated, showing how quickly sentiment can shift in turbulent times. Traders are now watching the $76,600 level closely.

A break below it could signal a deeper correction is on the horizon. For now, however, Bitcoin remains within a broader trading range, with bulls hoping this is just another temporary shakeout in an otherwise resilient market.