US EditionMathematicians Uncover Hidden Patterns Behind $3.5 Billion Cryptocurrency Collapse
- Trump's tariff announcements triggered a stock sell-off and market uncertainty.
- These tariffs, designed to counter unfair trade, sent chills through equity markets.
- The Nasdaq plunged nearly 6%, and the 'Magnificent Seven' lost over $1 trillion.
- Analyst Caleb Franzen noted Bitcoin is up 3.4% relative to the S&P 500.
- Bitcoin held firm, leading some analysts to suggest a potential decoupling from traditional markets.
22 Articles
22 Articles
Crypto Outperforms Nasdaq as BTC Becomes 'U.S. Isolation Hedge' Amid $5T Equities Carnage
President Donald Trump’s reciprocal tariff unveiling had led to a $5.4 trillion U.S. equities market wipeout in just two days as the S&P 500 index dropped to its lowest level in 11 months and the Nasdaq 100 entered bear market territory.Yet, amidst the chaos, cryptocurrency prices are showing resiliency, with bitcoin (BTC) dropping roughly 6% since the tariffs were unveiled, compared to the Nasdaq’s 11% drop. The broader crypto market, as measur…
Cryptopolitan
CryptoPanicMarkets face volatile week ahead as Bitcoin, Ether, XRP, S&P 500, and the Dow Jones crash abruptly
The markets are getting smashed across the board this week after Bitcoin, Ether, XRP, the S&P 500, and the Dow Jones all dropped hard in the same breath. The crash followed a violent sell-off in U.S. equities tied directly to President Donald Trump’s new global tariffs, which kicked in just days ago. Investors are now watching a pileup of pain unfold in both crypto and traditional markets at the same time, as volatility takes over and financial …
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