Bitcoin and Crypto Hold Strong as US Stock Market Loses $1.5T at Open Amid Renewed Crash
Bitcoin and the broader crypto market have surprisingly held strong despite a massive crash in the U.S. stock market amid another round of declines.
The U.S. stock market plunged again on Friday, April 4, 2025, erasing $1.5 trillion in market cap within the day’s opening hours. This sharp selloff comes from growing global trade tensions, particularly following new tariffs announced by President Donald Trump.
As investors grow increasingly uneasy over the possibility of a prolonged trade war between the U.S. and China, equities suffered deep losses across major indices and sectors.
However, in sharp contrast, Bitcoin and the broader cryptocurrency market demonstrated resilience, presenting investors with a surprising safe haven in…