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Wall Street’s one-day loss tops the entire crypto market cap

cryptoweekly by cryptoweekly
April 5, 2025
in bitcoin, News
0

Even some crypto skeptics pointed out that Bitcoin isn’t sliding anywhere near as much as the stock market has recently.

The United States stock market lost more in value over the April 4 trading day than the entire cryptocurrency market is worth, as fears over US President Donald Trump’s tariffs continue to ramp up.

On April 4, the US stock market lost $3.25 trillion — around $570 billion more than the entire crypto market’s $2.68 trillion valuation at the time of publication.

Among the Magnificent-7 stocks, Tesla (TSLA) led the losses on the day with a 10.42% drop, followed by Nvidia (NVDA) down 7.36% and Apple (AAPL) falling 7.29%, according to TradingView data.

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  • Crypto sentiment holds steady as Bitcoin drops to $105K
  • New York AG urges Congress to bolster protections in crypto bills
  • US sanctions crypto wallet tied to ransomware, infostealer host
  • SEC approves conversion of Grayscale's large-cap crypto fund into ETF
  • SOL ETF news gain evaporates, while chart warns of another 20% drop
  • Bitcoin at risk of deeper drop as BTC slips below key support levels
  • US regulator considers simplified path to market for crypto ETFs

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