Will CME Gap Save BTC USD? Over $1Bn Liquidated in 1 Hour Ahead of Crypto Black Monday

Over $1.16 billion in crypto liquidations have occurred in the past 24 hours, with over $70 million wiped out in just the last hour as of 8 a.m. UTC.

It seems the crypto markets have front-run the traditional financial markets, as many are anticipating one of the worst Monday openings for the stock market in recent times due to the fallout of President Trump’s tariffs.

Total 24hr Crypto liquidations now sits at $1.16B.

$70.44M just in the last hour. 🤯 pic.twitter.com/xOrULH6QiE

— James (@JamesEastonUK) April 7, 2025

Shining Light For Bitcoin? CME Gap At $84,500 Giving Bulls Hope For A Reversal

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Even with Bitcoin (BTC) currently trading at around $75,900 as President Trump looks to have brought on the bear market with his idiotic tariffs, there is some hope for crypto bulls.

There is a belief that once the US stock markets open in around five hours, there will be blood everywhere, with many calling it Black Monday. However, once the fallout has settled, some crypto analysts believe there could be a rally for digital assets.

Bitcoin showed late last week that it can de-coupled from the TradFi markets, as it briefly turned green while TradFi was bleeding heavily. If Trump continues to kill the stock market, there could be a flight to Bitcoin via the many ETF products on the market and spot buying from exchanges.

BREAKING 🚨

There is a CME gap on Bitcoin at $84,500.

Reversal coming ? pic.twitter.com/8ceIvrwQow

— BITCOINLFG® (@bitcoinlfgo) April 6, 2025

Another reason to be optimistic about crypto is the Bitcoin CME gap at $84,500. Bitcoin CME gaps are the difference in price between the closing price on a given trading day and the opening price on the following trading day on the Chicago Mercantile Exchange.

Historically, CME gaps can get filled quickly and act as a catalyst to continue upward or downward momentum. With the Bitcoin flush to sub $75,000 and over $1b wiped out across the markets, open interest rates have reset and could potentially give BTC a clear path to fill the CME gap.

If the CME gap is filled over the next 24 hours while the TradFi markets stay wrecked, this will highlight Bitcoin as the green light amidst a sea of red. If BTC hits $84,500, it could potentially flip the CME gap level to support and begin a run back toward $90,000.

(COINGECKO)

Is BTC Bull (BTCBULL) The Perfect Beta Play For Bitcoin Maxi’s Who Believe A Reversal Is Coming?

For those who believe the Bitcoin CME gap will be filled and investors within crypto and TradFi will flock to the digital gold as a store of value, BTC Bull (BTCBULL) looks to be the perfect beta play.

BTCBULL is a meme coin project backed by some juicy utility, and the utility is the reason the presale is about to raise $4.5m.

At a time when even established crypto projects have done nothing but paint red candles on charts, BTC Bull has seen healthy inflows to its ongoing presale.

With its strong branding, depicting a strapping bull wearing a Bitcoin logo T-shirt, it has been the perfect signal of hope during crypto’s rocky period.

The reason for its huge success thus far is owed to more than just genius branding. The BTCBULL team will be airdropping its holder’s Bitcoin for every pre-determined price milestone for BTC.

Starting once BTC hits $150,000, BTCBULL holders will receive the leading digital asset straight into their wallets. The more BTCBULL one holds, the bigger the BTC airdrop.

The Bitcoin airdrops aren’t a one-time thing. They will be repeated at every $50,000 interval, all the way up to BTC becoming a seven-figure asset, which many believe will happen within the next five years.

This means that for anyone who believes in Bitcoin’s long-term success, simply stacking and holding BTCBULL will grow your Bitcoin bag every time Bitcoin hits a new price target.

Utility for BTC Bull doesn’t stop there. Starting at $125,000 per BTC, the team has also included a burn mechanism, meaning BTCBULL tokens will be burned at $125k, $175, $225k, and so on.

So, not only will holders be receiving BTC airdrops, but BTCBULL itself will become more scarce along the way, potentially creating a supply shock whereby demand outweighs supply.

How To Buy BTCBULL – What Is The Best Wallet For Tracking Your Bitcoin Airdrops?

BTC Bull is the perfect play for those who believe that the bottom is in for Bitcoin, and that the CME gap at $84,500 being filled is a foregone conclusion. That means securing BTCBULL tokens now could be crucial for those looking to unlock this unique earning potential.

Visit the BTC Bull Token website to purchase using ETH, USDT, or a bank card.

For the best experience, consider using Best Wallet – the recommended option that fully integrates $BTCBULL’s Bitcoin rewards feature.

By holding your BTCBULL tokens in Best Wallet, you’ll automatically qualify for Bitcoin airdrops delivered directly to your BTC wallet address within the app.

Best Wallet is available on Google Play or the Apple App Store.

Stay connected with the BTC Bull Token community on X and Telegram for the latest updates.

Visit BTC Bull Website

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Alex Ioannou

On-Chain Journalist

Chasing dreams under the Cypriot sun, Alex is an up-and-coming writer focusing on the more degen side of the crypto market. Always on the lookout for the next hot narrative, meme coin pump, or meta trend. Alex has been actively... Read More

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