The stock market just took a beat, and it’s a sight to behold. On April 4, the U.S. stock market lost $3.25 trillion, more than the entire crypto market’s worth.
Meanwhile, Bitcoin is just chillin’, not tanking like the rest of the financial world.
Tariffs
The culprit behind this chaos? None other than President Donald Trump’s tariff bombshell.
On April 2, he signed an executive order slapping reciprocal tariffs on trading partners and a 10% baseline tariff on all imports.
The market’s response? Panic. The Nasdaq 100 fell into a bear market, with a 6% drop that day, the largest since March 2020.
Tesla led the pack with a 10.42% plunge, followed by Nvidia and Apple, both down over 7%.
Tick-tock next block
Surprisingly, while stocks are hemorrhaging value, Bitcoin is holding steady. It’s down a mere 0.16% over the past week, trading at around $83,500 in the time of writing. Even crypto skeptics are taking notice.
Dividend Hero, a stock market commentator, admitted that Bitcoin’s resilience is very interesting given the stock market’s free fall.
I will be 100% honest here
I have hated on Bitcoin in the past but seeing it not tank while the stock market does is very interesting to me
— Dividend Hero (@HeroDividend) April 4, 2025
Technical trader Urkel summed it up, and said Bitcoin doesn’t appear to care one bit about tariff wars and markets tanking.
1 Bitcoin = 1 Bitcoin
It’s a strange time when Bitcoin looks like the stable kid on the block. The stock market has erased $11 trillion since February 19, with recession odds now above 60%. Yet, Bitcoin remains a beacon of calm in a sea of uncertainty.
Imagine President Harris taking $10 trillion out of the global stock markets in the first 80 days of her residency what the Fox News people would be doing right now!!!!
— Anthony Scaramucci (@Scaramucci) April 4, 2025
So, what does this mean for investors? Maybe it’s time to rethink where you’re putting your money.
After all, in a world where stocks are tanking, Bitcoin’s steady heartbeat might just be the safe haven you need.
Have you read it yet? PayPal announced that Solana and Chainlink join the party
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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