Bitcoin and other cryptocurrencies are often praised for offering around-the-clock trading access, but that constant availability may have contributed to a steep sell-off over the weekend following the latest US trade tariff announcement.

Unlike stocks and traditional financial instruments, Bitcoin (BTC) and other cryptocurrencies enable payments and trading opportunities 24/7 thanks to the accessibility of blockchain technology.

After a record-breaking $5 trillion was wiped from the S&P 500 over two days — the worst such drop on record — Bitcoin remained above the $82,000 support level. But by Sunday, the asset had plummeted to under $75,000.

Sunday’s correction may have occurred to due Bitcoin being the only large tradable asset over the weekend, according to Lucas Outumuro, head of research at crypto intelligence platform IntoTheBlock. 

“There was a bit of optimism last week that Bitcoin might be uncorrelating and fairing better than traditional stocks, but the [correction] did accelerate over the weekend,” Outumuro said during Cointelegraph’s Chainreaction live show on X, adding:

“There’s very little people can sell on a Sunday cause most markets are closed. That also enables the correlation because people are panicking and Bitcoin is the largest asset they can sell over the weekend.”

Outumuro noted that Bitcoin’s weekend trading can also have upside effects, as prices often rally in calmer conditions.

Related: Trump tariff negotiations are ‘all about’ China deal — Raoul Pal

Bitcoin initially “decoupled” from traditional assets after the US stock market saw a $3.5 trillion drop on April 4 as US Federal Reserve Chair Jerome Powell said the Trump administration’s “reciprocal tariffs” could significantly affect the economy and lead to higher inflation.

However, Bitcoin fell below $75,000 on April 6 as the panic from traditional markets spread to cryptocurrencies over escalating trade war concerns.

Related: Bitcoin price can hit $250K in 2025 if Fed shifts to QE: Arthur Hayes

Most Bitcoin investors are “all in” and overleveraged — Adam Back

Adding to Bitcoin’s 24/7 trading mechanics, numerous Bitcoin holders are overleveraged, according to Blockstream CEO Adam Back.

Speaking during a fireside chat with Cointelegraph managing editor Gareth Jenkinson at Paris Blockchain Week 2025, Back said:

“The problem with the Bitcoin market is most of the people who are into Bitcoin are all in. So they’ve got no money. And worse, some of them are leveraged or overleveraged and it trades 24/7.”

Adam Back during a fireside chat with Cointelegraph’s Gareth Jenkinson. Source: Cointelegraph

“On a weekend, there’s not much volume. So you have a worse risk of rapid sort of flash crashes or flash dips that get filled in again,” he said.

Back also reiterated his belief that Bitcoin will rival gold over the next decade as a hedge against rising monetary inflation.

Magazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29

Dubai’s real estate and crypto regulatory authorities have signed a new agreement aimed at expanding digital asset adoption in the real estate sector.

On April 6, the Dubai Land Department (DLD) announced an agreement with the Virtual Assets Regulatory Authority (VARA). According to the announcement, the agreement will link Dubai’s real estate registry with property tokenization through a governance system. 

The agreement aims to improve digital infrastructure and attract global investment by enhancing market liquidity and property management efficiency.

It also aims to support Dubai’s broader economic strategy, which includes a goal of doubling the city’s gross domestic product over the next decade.

Related: Mantra and Damac sign $1B deal to tokenize Middle Eastern assets

New real estate model opens up Dubai’s market to global investors

The new development follows the DLD’s recent project pilot to convert real estate assets into blockchain-based digital tokens. 

On March 20, the DLD announced the pilot phase of its real-estate tokenization project. The tokenization launch made DLD the first real-estate registration entity in the United Arab Emirates to tokenize property title deeds. The DLD expects the initiative to drive growth in real estate investment, aiming to reach a value of over $16 billion by 2033. 

Scott Thiel, the co-founder and CEO of real-word asset (RWA) tokenization platform Tokinvest, told Cointelegraph that the new development shows a clear message from the UAE government: 

“In just three weeks, Dubai has gone from pilot launch to strategic execution and the message is loud and clear: the future of real estate investment is onchain.”

Thiel also said that the two agencies working hand in hand will create a smarter model that opens Dubai’s real estate market to a global pool of investors. “This isn’t just another MOU. It’s the playbook for Real Estate 2.0,” Thiel told Cointelegraph. 

The executive urged investors across the globe to observe what the UAE is doing in terms of tokenization. Thiel said this is “what the future of real estate looks like.”

Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

The Chicago Board Options Exchange (Cboe) has announced the launch of a new Bitcoin futures derivative product.

According to an April 7 announcement, Cboe plans to launch the FTSE Bitcoin Index futures on April 28, which is based on the VanEck Bitcoin Strategy ETF (XBTF), if approved by regulators.

The new product will be cash-settled, and like XBTF, it will represent one-tenth of the value of the FTSE Bitcoin Index. The futures will settle on the last business day of each month.

This is the first product that was launched as a result of Cboe’s collaboration with the London Stock Exchange Group’s index subsidiary, FTSE Russell. The new Bitcoin derivative product is reportedly meant to complement its recently launched Bitcoin options offerings Bitcoin US ETF Index Options (CBTX) and Bitcoin US ETF Index Options (MBTX). Catherine Clay, global head of derivatives at Cboe, said:

“This launch comes at a pivotal time as demand for crypto exposure continues to grow and market participants are increasingly seeking more capital-efficient and versatile ways to gain and manage that exposure.”

Related: Largest ever CME gap has just printed in Bitcoin futures

Cboe continues crypto product development

Cboe is a major player in the worldwide financial landscape and a historic institution founded in 1973. The exchange is also a provider of Bitcoin (BTC) products, having launched its first Bitcoin futures contracts on Dec. 10, 2017.

Now, Cboe continues to innovate the traditional markets that appear so glacial in their evolution to crypto natives. In early February, the exchange further shrank the gap between crypto and traditional finance by announcing plans to roll out a 24-hour trading day — but only on weekdays.

Related: Cboe files amended applications to list Bitcoin, Ethereum options in US

Bitcoin futures are not a thing of the past

Despite the introduction of Bitcoin exchange-traded funds (ETFs), Bitcoin futures are still widely traded and discussed among crypto market participants. In late March, Bitcoin futures leveraging led to a $10 billion open interest wipeout.

Product development is also still ongoing in the segment. In March, Coinbase announced that it plans to offer 24/7 trading for Bitcoin and Ether futures to US residents.

Also in March, Singapore Exchange (SGX), the largest exchange group in Singapore, was reported to plan to debut Bitcoin perpetual futures in the second half of 2025.

Magazine: Bitcoin heading to $70K soon? Crypto baller funds SpaceX flight: Hodler’s Digest, March 30 – April 5