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Big Fear Strikes: Bitcoin Plunges to $87,500 on Martial Law

Posted on April 21, 2025

Bitcoin fell to $87,500 on April 20, 2025, a 1% drop, driven by speculation of Trump invoking martial law, per CNBC updates from market closes. The decline, with Ethereum at $1,800, reflects investor caution as the 90-day deadline from Trump’s January order nears, compounded by stock market losses. Analysts predict a rebound to $89,000 if tensions ease, but a drop below $87,000 could test $85,000.

Web discussions show a split—bulls see a buying opportunity tied to the Bitcoin Reserve, while bears warn of deeper corrections if martial law fears materialize. Traders are advised to watch Trump’s evening statement, as this could dictate short-term trends. The interplay of policy uncertainty and market sentiment will shape trading strategies today.

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