From Cointelegraph
April 5, 2025 1:54 am:

The US stock market lost $3.25 trillion on April 4, exceeding the entire crypto market’s valuation of $2.68 trillion. The Nasdaq 100 is now considered to be “in a bear market” after a 6% drop. Trump’s recent tariff announcement could lead to a recession, erasing $11 trillion in US stocks since February 19.

On April 2, Trump imposed reciprocal tariffs and a 10% baseline tariff on all imports, aiming for lower rates than those imposed on US goods. Despite the stock market decline, Bitcoin remains resilient. Crypto experts note Bitcoin’s strength amidst market turmoil, with Bitcoin trading at $83,749 currently.

Even as the stock market falters, Bitcoin remains steady, prompting some skeptics to acknowledge its resilience. Bitcoin seems unfazed by tariff wars and market volatility, trading at $83,749 and showing a 0.16% decrease over the past week. Bitcoin’s stability amidst market chaos raises eyebrows and garners interest from various sectors.

Read more at Cointelegraph: Wall Street’s one-day loss tops the entire crypto market cap