Bitcoin price retakes $80K as US stocks avoid 'Black Monday' meltdown

Bitcoin appears to find its footing, rallying above $80,000 and copying stocks by bouncing back from its initial tariff-induced losses.

Bitcoin (BTC) sought a relief rally into the April 7 Wall Street open as US stocks rebounded from a 4%+ loss.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed the area around $80,000 forming a focus for BTC/USD after the pair hit five-month lows.

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