CoinDesk Weekly Recap: Bitcoin Holds Steady Amid Market Turmoil

CoinDesk Weekly Recap: Bitcoin Holds Steady Amid Market Turmoil

It was a dreadful week for the stock market, with the S&P 500 falling more than 6% over the last five days. That didn’t help Bitcoin, but the original cryptocurrency fared better than the wider market, rising over 1% in the same period.The Nasdaq had one of its largest falls in 25 years Thursday, but Bitcoin held relatively steady (CoinDesk’s James Van Straten reported) even if now it’s nowhere near the highs above 100,000 that we saw at the beg…

Cryptocurrencies rise Friday, bucking broader market meltdown

Bitcoin rose on Friday as gold fell and stocks continued to crater following their worst day since 2020.

As stock markets reel from Trump tariffs, Bitcoin holds steady

Crypto climbs as stocks crater: Bitcoin holds steady, altcoins take flight in tariff turmoil

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 an...

Bitcoin Strong as Stock Market Plummets $5 Trillion in Historic Trump Tariff Selloff

Bitcoin has proven to be a more resilient investment than the stock market under the pressure of President Trump’s tariff selloff. The cryptocurrency saw a significant increase in value during the same period when stock prices were plummeting due to trade tensions between the U.S. and China. While the stock market experienced heavy losses, Bitcoin’s performance stood out as a safe haven for investors looking to diversify their portfolios. This h…

Vivek Ramaswamy points to Bitcoin as a hedge to present economic turmoil

The American businessman turned politician believes Bitcoin is a hedge against the current economic downturn, which has seen the benchmark index for stocks, the S&P 500, drop by over 13% since the year started. Ramaswamy gave his sentiments on the crypto in a reply to a late Friday X post by Tether CEO Paolo Ardoino. “This is becoming increasingly clear,” wrote the Ohio Gubernatorial seat aspirant.  Although an investor could argue that Gold cur…