Crypto showing resilience as afershocks of Trump's tariffs see equities slide
🚨 Risk-Off Shock to Equities – US stocks suffered their worst day in nearly four years as tariff concerns triggered a major selloff.
📈 Bitcoin and others stable – While equities plunged, Bitcoin held firm around $84,000, suggesting a degree of resilience.
🤔 Market Sentiment Remains Cautious – The Fear and Greed Index is still in 'Fear' but Bitcoin’s RSI hints at rising investor interest.
🔍 Decoupling or temporary divergence? – Crypto’s relative strength raises the question of whether it’s becoming a safe haven or if this is just a short-term disconnect.
CRYPTO markets are proving resilient even as US equities reel from Wednesday’s 'Liberation Day' tariff announcements.
The S&P 500 tumbled more than 4% overnight, marking its worst session since June 2020, while the Nasdaq Composite plunged over 5%, a sharp risk-off move that caught many investors off guard.
“This was the worst-case scenario for tariffs, and markets had not priced it in, which is why we’re seeing such a strong reaction,” said Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, in an interview with CNBC.
“The big question now is whether 5,500 can hold on the S&P 500. If not, we could see another 5-10% downside.”
Bitcoin, meanwhile, remains steady at around $84,000, rising 0.9% overnight. Ethereum and a broad swath of altcoins have also ticked higher, showing relative strength even as broader markets sell off. The Fear and Greed Index remains in “Fear” territory but has edged up, while Bitcoin’s Relative Strength Index signals growing investor interest.
This divergence between crypto and equities raises fresh questions: Is this a short-term anomaly or the start of a larger trend?
In the markets
🌍 Total crypto market cap ⬆️
The global cryptocurrency market capitalization is approximately $2.77 trillion, reflecting a 0.89% increase over the last day.
🟠 Bitcoin (BTC) ⬆️
Price: Currently trading at $84,393, marking a 0.94% increase in the last 24 hours.
Daily high: $84,554
Daily low: $81,332
💎 Ethereum (ETH) ⬆️
Price: Currently trading at $1,828, reflecting a 0.29% increase in the last 24 hours.
Daily high: $1,831
Daily low: $1,756
📈 S&P 500 ⬇️
The S&P 500 index is currently down 4.8% from the previous close.
😬 Fear & Greed Index
The Crypto Fear & Greed Index is currently at 25/100, indicating a state of Fear among investors.
📊 Bitcoin Relative Strength Index (RSI) (14)
The 14-day RSI for Bitcoin is at 63, suggesting that the asset is verging on being overbought.
Post Script…
Cautionary Notes
It's definitely tempting to get swept up in the excitement, but please heed these words of caution: Do your own research, only invest what you can afford, and make good decisions. The indicators contained in this article will hopefully help in this. Remember though, the content of this article is for information purposes only and is not investment advice or any form of recommendation or invitation. The Digital Commonwealth always advises you to obtain your own independent financial advice before investing or trading in cryptocurrency.
