Crypto Stocks Plummet 4% to 7% as Nvidia and Tesla Rise Amid Divergent Market Trends
In mid-August 2025, U.S. equity markets displayed divergent performances as crypto-linked stocks fell sharply while tech giants like Nvidia and Tesla maintained upward momentum. The decline in crypto stocks was led by companies such as Coinbase, Circle, and MicroStrategy, with shares dropping 4%, 7%, and 4.17% respectively. The broader market saw the Nasdaq remain resilient, reflecting strong performance from large-cap tech firms. Meanwhile, the Dow Jones and S&P 500 declined modestly as investors navigated uncertainty around macroeconomic conditions and central bank policies [1].
Bitcoin, a key indicator for the crypto sector, fell over 1% to $111,178, reverting to levels last seen in early July. The decline came after a wave of weekend…
