• About
  • FAQ
  • Contact Us
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
No Result
View All Result
Crypto News
No Result
View All Result
Home News

Nasdaq Composite Posted One of Its Worst Days Since 2000 as BTC Steadied After Tariff Drop

admin by admin
April 25, 2025
in News
0
Nasdaq Composite Posted One of Its Worst Days Since 2000 as BTC Steadied After Tariff Drop
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter



The U.S. stock-market slide prompted by President Donald Trump’s global tariff announcement on Wednesday sent the Nasdaq Composite Index into one of its biggest funks since the start of the century.

The tech-heavy index lost 5.5% on Thursday, just outside the top 20 worst single-day drawdowns since 2000, according to Investing.com. Most of the largest drawdowns occurred during the dot-com crash of 2000-2001 and the 2008 global financial crisis. Other equity measures also suffered, with the S&P 500 index falling almost 5%.

In contrast, the bitcoin (BTC) price, which is typically correlated with U.S. equities over short timeframes, bucked the trend. The largest cryptocurrency, which tumbled immediately after the announcement while stock markets were closed, rose 0.7% the following day, with momentum carrying into Friday, according to Glassnode data.

Bitcoin is now trading above $84,000 compared with about $87,000 before Trump started speaking. Nasdaq futures, meanwhile, are lower ahead of the U.S. jobs report due later in the day.

Bitcoin made its 2025 low in mid-March at around $76,000, whereas the Nasdaq hit a low on Thursday. Year-to-date, bitcoin is outperforming the Nasdaq, losing 10% against the index’s 11%.

Analyst Caleb Franzen highlighted bitcoin’s relative strength compared with the S&P 500 in this risk-off environment, noting its resilience around the 200-day moving average.

“It’s pretty remarkable to see that bitcoin is up +3.4% today relative to the S&P 500, particularly in a risk-off environment. As I’ve recently pointed out, BTC/SPY continues to hold above its 200-day moving average cloud,” Franzen said in a post on X.




#Nasdaq #Composite #Posted #Worst #Days #BTC #Steadied #Tariff #Drop

Related articles

Crypto perp futures coming ‘very soon,’ says CFTC’s Mersinger

Crypto perp futures coming ‘very soon,’ says CFTC’s Mersinger

May 23, 2025
Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTC

Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTC

May 23, 2025
Tags: 2 networks continue to develop theyan environment bitcoinanalysis h2 p bitcoin tried toBitcoinbitcoin made its 2025BTCbtc steady above 83canada kevin sousa imagn imagesCompositedaysdeclinedenominations pdropem xrp 4 hourexecuted the companyfilings the sec argued thatmarketsNasdaqnotably bitcoin btc also nearlyp for now bitcoin s relativePostedprominent solana based dexpurchasing options you mays 106m eth liquidateds relative strength comparedstaking the first ofSteadiedstocksTariffthat people didn ttropics bolsonaro has been the targetunder gensler having also droppedunited states p p alworst
Share76Tweet47

Related Posts

Crypto perp futures coming ‘very soon,’ says CFTC’s Mersinger

Crypto perp futures coming ‘very soon,’ says CFTC’s Mersinger

by admin
May 23, 2025
0

Crypto perpetual futures contracts could receive regulatory approval in the US “very soon,” says outgoing Commodities and Futures Trading Commission...

Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTC

Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTC

by admin
May 23, 2025
0

Shares in Swedish health tech company H100 Group AB rose 37% after it said it purchased Bitcoin for the first...

‘No questions asked’ Bitcoin launderer gets 6 years in prison

‘No questions asked’ Bitcoin launderer gets 6 years in prison

by admin
May 23, 2025
0

A US man operating what prosecutors called a “no questions asked” cash-to-Bitcoin conversion service has been sentenced to six years...

Bitcoin could go much higher due to lack of FOMO and futures market euphoria — Analysts

Bitcoin could go much higher due to lack of FOMO and futures market euphoria — Analysts

by admin
May 23, 2025
0

Key takeaways:Bitcoin’s rally to new price highs happened as funding rates and trading sentiment remained unusually subdued.Rising stablecoin supply and...

Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining

Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining

by admin
May 23, 2025
0

Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement...

Load More
  • Trending
  • Comments
  • Latest
Bitcoin and Ethereum Stuck in Range, DOGE and XRP Gain

Bitcoin and Ethereum Stuck in Range, DOGE and XRP Gain

April 25, 2025
Saylor says Warren Buffett’s Berkshire Hathaway is Bitcoin of 20th century – Deep Insight

Saylor says Warren Buffett’s Berkshire Hathaway is Bitcoin of 20th century – Deep Insight

May 7, 2025
Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News

Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News

April 25, 2025
Why DeFi agents need a private brain

Why DeFi agents need a private brain

May 4, 2025
US Commodities Regulator Beefs Up Bitcoin Futures Review

US Commodities Regulator Beefs Up Bitcoin Futures Review

0
Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0
India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0
Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: 5.55

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
Kraken to Launch 24/7 Tokenized Trading of Apple, Tesla, Nvidia Shares for Non-US Clients

Kraken to Launch 24/7 Tokenized Trading of Apple, Tesla, Nvidia Shares for Non-US Clients

May 23, 2025
Crypto perp futures coming ‘very soon,’ says CFTC’s Mersinger

Crypto perp futures coming ‘very soon,’ says CFTC’s Mersinger

May 23, 2025
Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTC

Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTC

May 23, 2025
‘No questions asked’ Bitcoin launderer gets 6 years in prison

‘No questions asked’ Bitcoin launderer gets 6 years in prison

May 23, 2025
  • About
  • FAQ
  • Contact Us
Call us: +1 23456 JEG THEME

© 2025 Btc04.com

No Result
View All Result
  • Home
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
  • Contact Us

© 2025 Btc04.com