The US Securities Market lost more value during the trading day on April 4 more than the entire cryptocurrency market, as concerns about US President Donald Trump’s tariff continue.
On April 4, the US stock market lost $ 3.25 trillion – about $ 570 billion more than the entire encryption market rated $ 2.68 trillion at the time of publication.
Nasdaq 100 now “in the bear market”
Among the wonderful stocks 7, Tesla (TSLA) led the losses per day at a decrease of 10.42 %, followed by NVIDIA (NVDA), a decrease of 7.36 % and Apple (AAPL), a decrease of 7.29 %, According to To TradingView Data.
The significant decrease in all fields indicates that NASDAQ 100 is now “in the bear market” after it decreases by 6 % during the trading day, commercial resource account Kobeissi message He said On April 4. This is the biggest daily decline since March 16, 2020.
He added: “American stocks have now wiped a huge amount -11 trillion dollars since February 19, with the possibility of recession exceeding 60 %.” The Kobesi message said that Trump’s introductory announcement on April 2 was “historically” and if the tariff continued, the “stagnation” would be impossible to avoid.
source: Anthony Scarmocchi
On April 2, Trump signed an executive order that creates a mutual tariff for trade partners and a 10 % foundation tariff for all imports from all countries.
Trump said the mutual definitions will be about half of the price of commercial partners in the United States imposed on American goods.
Related to: Bitcoin Bulls defends the support of 80 thousand dollars, as “World War 3 of Commercial Wars” crushes the shares of the United States
Meanwhile, the encryption industry indicated that while the stock market continues to decline, Bitcoin (BTC) is still stronger than expected.
Markus Crusion Plan Duplicate In a post on April 4 x that while the entire stock market is “tanks”, Bitcoin keeps it.
source: Jeff Dorman
Even some skeptics of encryption referred to the contrast between the performance of Bitcoin and the US stock market during the recent period of uncertainty in the macro.
The hero is the stock market in the stock market He said His followers are 203,200 x that “hated Bitcoin in the past, but seeing his tank while the stock market is interesting to me.”
At the same time, the technical trader Urkel He said Bitcoin “does not seem to be a little interested in the wars of tariffs and markets.” Bitcoin is trading at 83,749 dollars at the time of publication, a 0.16 % decrease over the past seven days, According to To CoinmarketCap data.
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