Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Stocks plummet, but Bitcoin stays cool

Stocks plummet, but Bitcoin stays cool

KriptoworldKriptoworld2025/04/03 16:00
By:By kriptoworld

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.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ZA Miner Introduces Free Cloud Mining Platform for Bitcoin and Dogecoin

ZA Miner, a UK-based cloud mining provider, has officially launched a new platform to make cryptocurrency mining more accessible to a broader audience.

DeFi Planet2025/04/25 22:11
ZA Miner Introduces Free Cloud Mining Platform for Bitcoin and Dogecoin

OSC Warns of Surge in AI-Driven Crypto Scams as Canadian Fraud Losses Climb to $640 Million

According to the Globe and Mail report, the Ontario Securities Commission (OSC) is raising red flags over a sharp rise in cryptocurrency fraud across Canada, as scammers now weaponize artificial intelligence to swindle unsuspecting investors.

DeFi Planet2025/04/25 22:11
OSC Warns of Surge in AI-Driven Crypto Scams as Canadian Fraud Losses Climb to $640 Million

Arkansas City Planning Commission Rejects Crypto Mining Proposal Amid Strong Community Backlash

The Vilonia Planning Commission has unanimously turned down a proposed cryptocurrency mining facility within city limits, following weeks of vocal opposition from residents.

DeFi Planet2025/04/25 22:11
Arkansas City Planning Commission Rejects Crypto Mining Proposal Amid Strong Community Backlash