Bitcoin's price has fallen below $80,000, marking a 3% drop since the week's start amidst concerns of a stock market crash similar to the 1987 Black Monday. The decline has been fueled by volatility in the markets due to US trade tariffs and recession fears, resulting in significant losses for major stock indices such as the S&P 500 and Nasdaq, which fell nearly 6% on April 4. Financial commentator Jim Cramer warned that an event akin to the October 1987 crash remains possible, despite market circuit breakers being in place. Meanwhile, optimism persists in Bitcoin circles, with some traders predicting a potential price surge, with Max Keiser suggesting BTC could rise to $220,000 if wealth flows into Bitcoin as a safe haven. Diverging sentiments among traders highlight the distinct behaviors of Bitcoin compared to traditional stocks, with some anticipating a possible recovery in the near future.

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