Bitcoin Surges While U.S. Stocks Lose $3.5 Trillion in Tariff War

Michael Saylor notes Bitcoin acts as a risk asset in panic, calling it the “most liquid, salable, 24/7 asset on Earth” during crises.

Written By:
Ronak Kumar

Reviewed By:
Dhara Chavda

Bitcoin Surges While U.s. Stocks Lose $3.5 Trillion In Tariff War

Bitcoin is making moves while Wall Street bleeds. On April 4, U.S. stocks suffered their second straight day of heavy losses, wiping out a massive $3.25 trillion in market value. At the same time, Bitcoin rallied—shaking off the storm and showing signs of “decoupling” from traditional markets. 

The sell-off followed a tense day of economic headlines. Federal Reserve Chair Jerome Powell warned that Trump’s new “reciprocal tariffs” could trigger “higher inflation and slower growth.” Speaking at a public event, Powell said inflation could rise “in the coming quarters,” putting pressure on the Fed’s 2% target.

Adding fuel to the fire, Trump took to Truth Social just before Powell’s speech, demanding the Fed “CUT INTEREST RATES” and criticizing Powell for being “always late.”

Despite the chaos, Bitcoin ($BTC) jumped to $84,639 while stocks plunged. That’s a sharp contrast to its usual pattern of moving with equities—suggesting a potential “decoupling.” Analyst Cory Bates said, “Bitcoin is decoupling right before our eyes.”

Bitcoin Price Chart
Bitcoin Price Chart | Source: CoinMarketCap

Meanwhile, unemployment ticked up to 4.2% in March, but Non-Farm Payrolls exceeded expectations with 228,000 new jobs. CPI rose 2.8% year-over-year, showing lingering inflation pressure. 

Bitcoin’s surge is catching attention. Even Michael Saylor noted on X that Bitcoin acts like a risk asset in panic moments because it’s “the most liquid, salable, 24/7 asset on Earth.”

With China slapping 34% tariffs in response and Trump pushing for rate cuts, markets are on edge. But for Bitcoin, this volatility could be fuel. As traditional markets wobble, BTC is holding strong—and that might just be the start.

Also Read: Bitcoin Power, $MSTR Rises While U.S. Stock Market Crashes!



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Ronak is a dedicated content writer with a keen eye for detail and a passion for blockchain and cryptocurrency. His interest in these fields was sparked through his work, and he continues to expand his knowledge in these areas. He loves to watch anime and binge watches during his free time.
Dhara is a crypto content analyst and writer with over 2 years of experience in the industry. Dhara has a deep understanding of the crypto market and is well-versed in various blockchain technologies. Dhara is also an avid trader and stays current with the latest trends and news in the crypto world. With Dhara's expertise and passion for the industry, readers can expect insightful and informative content.