Nigeria, April 7 -- Bitcoin has continued its downward slide, dropping to $79,750.58 as of 8:25 PM, based on price data from CoinMarketCap.

This marks a significant downturn for the world's leading cryptocurrency, which began 2025 at $94,419.76. With this decline, Bitcoin has lost approximately 15.54% of its value year-to-date, translating to an estimated $291 billion in evaporated investor capital.

The latest drop also represents a 4.49% loss from its last closing price of $83,504.80 on Saturday, April 5, 2025. According to insights from Dow Jones Market Data, this trend adds to mounting concerns among investors as Bitcoin records its weakest first-quarter performance since early 2018.

Political and Economic Pressures Drag on Bitcoin...