The United States stock market has lost more value during the commercial day on April 4 than the entire cryptocurrency market is worth it, because the fears of US President Donald Trump’s tariffs are still growing.

On April 4, the American stock market lost USD 3.25 trillion – about $ 570 billion more than a valuation of the entire cryptographic market in the amount of $ 2.68 trillion at the time of publication.

Nasdaq 100 is now “on the bears”

Among the magazines of wonderful 7, Tesla (TSLA) ran losses on a day with a decrease in 10.42%, followed by NVIDIA (NVDA) by 7.36%, and Apple (AAPL) drops by 7.29%, According to For TradingView data.

A significant decrease on board signals that NASDAQ 100 is now “on the bear” after the fall of 6% during the commercial day, commercial account Kobeissi letter he said In the post of April 4. This is the largest daily decline from March 16, 2020.

“The US shares have now removed a huge -11 trillion dollars from February 19 with the chances of recession above 60%,” he added. In the Kobessi letter, the announcement of the Trump tariff on April 2 was “historical”, and if the tariffs are continued, the recession will “impossible to avoid”.

On April 2, Trump signed an executive order establishing mutual tariffs for trading partners and a 10% basic tariff for all imports from all countries.

Trump said that mutual tariffs will be around halfway through the American trading partners imposing American goods.

Related: Bitcoin Bulls defend support of USD 80,000 as “World War 3 in trading wars” at crushes USA

Meanwhile, the cryptographic industry noted that although the stock exchange is still falling, Bitcoin (BTC) remains stronger than most expected.

Markus cryptographic salesman plan pointed In the post of April 4 x, while the entire stock market “is in refueling”, it holds Bitcoin.

Even some cryptographic skeptics indicated the contrast between the results of Bitcoin and the American action market in the recent period of macro uncertainty.

Stock market commentator of the dividend hero he said His 203 200 followers of X, who “hated Bitcoins in the past, but seeing that not a tank, while the stock exchange is very interesting to me.”

Meanwhile, the technical Urkel trader he said Bitcoin “seems not to worry about tariff wars and market refueling.” Bitcoin trads USD 83,749 at the time of publication, which is a 0.16% decrease in the last seven days, According to For Coinmarketcap data.

Warehouse: XRP Winning leaves the ripple of the “bad actor” without a precedent set Crypto precedent