Nasdaq drops 1% and the S&P 500 0.6%, but Bitcoin near $75k and Ethereum around $2.3k show crypto holding up better than U.S. tech — at least intraday.
Summary
- Nasdaq falls 1%, S&P 500 drops 0.6% and Dow slips 0.27% as U.S. stocks extend a choppy April
- At 9 a.m. EST, Bitcoin trades near $75,325 and Ethereum around $2,318, both up from early‑morning lows despite equity weakness
- Coinbase stock remains volatile after a steep year‑to‑date slide, underscoring how listed crypto proxies still trade like high‑beta tech
U.S. equities opened the week on the back foot, with Gate’s TradFi desk reporting that the Nasdaq fell roughly 1%, the S&P 500 dropped nearly…
