The US stock market faces an incredible loss of $ 3.25 billion on April 4, an amount that exceeds the total value of the entire cryptocurrency market.
The great drop in the market occurred because investors were concerned with recently announced tariff policies of President Donald Trump, which some people believe they could boost the economy and cause a slowdown.
All Crypto market capitalization remained at $ 2.68 billion at the time of the deceleration of the US stock market; The stock market lost around $ 570 million more in a day than the total value of all combined cryptographic sectors.
This big difference has made people look again how strong digital assets such as Bitcoin can be when regular financial markets are in trouble.
Nasdaq 100 joins Bear’s market as tariffs disturb the feeling of investors
The Nasdaq 100 Technological Heavy, which includes many technological companies, received the greatest success on April 4, falling 6% in a single day and falling enough so that experts now officially call it a bears market.
This is the largest drop in a single day for the index since the accident caused by COVID-19 on March 16, 2020. Out of the ‘magnificent seven actions’, Tesla (TSLA) was the worst performance, falling 10.42%. Nvidia (NVDA) was the following with a fall of 7.36%, and Apple (AAPL) dropped 7.29%.
The broad losses show that investors are more concerned about how Trump’s new policies will affect the economy. Kobeissi’s letter, a source of popular information, revealed That the US stock market has lost $ 11 billion combined since February 19.
He also said that there are now more than 60% chances of a recession, mainly due to Trump’s main tariff policies.
According to reports, there was an advertisement on April 2 that Trump’s new order adds a basic 10% rate on all imported goods and establishes taxes that coincide in countries that charge high taxes on US exports.
Trump said the new rules aim to make things fair and balanced, claiming that the import taxes of the United States will be approximately that what other countries charge on US assets.
Bitcoin remains strong as the interruption of the US market
While the US stock market. Uu. Billones lost, Bitcoin was still surprisingly stable, strengthening its reputation as a possible way of protecting against great economic problems. The Markus cryptographic merchant plan said on social networks that, although the entire stock market is falling, Bitcoin remains strong.
Even people who did not prefer Bitcoin before starting to observe. Dividend Hero, an expert in the stock market with more than 200,000 followers in X, said that although he used to blame Bitcoin, his strength during current financial problems has caught his attention.
A key moment for market view?
This difference is starting larger conversations about how decentralized finances could help in a world dealing with commercial barriers and unstable money systems.
Although the US stock market is still sensitive to current policy changes, the encryption market seems to be in a more stable course, at least for a short time.
Read also:- JPMORGAN predicts that the US can reach the recession in 2025 due to the aggressive Trump tariff walks
Discharge of responsibility: In Bitcoinik.com we present the most recent information in the encryption market. However, this information should not be considered as financial advice, and viewers must consult their financial advisors before investing.
