Crypto climbs as stocks crater: Altcoins EOS, Pendle surge
Cryptocurrencies, including certain altcoins, outperformed global stocks this week as the fear and greed index dropped to its lowest level in years.
Bitcoin (BTC) is holding firm while the stock market melts down, with several altcoins soaring as global markets reel from President Trump’s newly announced tariffs on Chinese imports.
The world’s leading cryptocurrency has officially outperformed the tech-heavy Nasdaq 100 on a year-to-date basis, despite staying relatively flat this week. Meanwhile, U.S. equities took a historic tumble. The Dow Jones Industrial Average lost a staggering 2,200 points on Friday alone, following a 1,200-point drop the day prior—wiping out $5.4 trillion in value across American stocks…
