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Home Blockchain

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

by wireopedia memeber
April 5, 2025
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
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Wall Street’s one-day loss tops the entire crypto market cap
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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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