Monday dawned not with the familiar sigh of Wall Street but a sly grin from the cryptoverse — bitcoin pirouetted to an intraday crescendo of $88,527, as if mocking the crumbling towers of traditional finance. As twilight wrapped the sky, bitcoin nursed a modest 2.61% gain, while its digital cousins threw a veritable festival: convex finance token (CVX) leapt a dizzying 21.04% in just 24 hours. Ah, the audacity!
Trump’s Trade Tempest: $1.5 Trillion Vanishes! Crypto & Gold Dance in the Ruins
The sprawling crypto realm, as if breathing fresh mountain air, swelled by 1.77%, stretching its sinewy limbs to a $2.73 trillion muscle of newfound vigor by 5 p.m. Eastern. Around $75 billion flowed in, while the Dow Jones took a solemn nosedive of 972 points, the S&P 500 sulked down 125 points, and the Nasdaq surrendered 416 points, gripped by the collective jitters of flesh-and-blood investors. Ah, the drama of flesh versus code!
Bitcoin ( BTC) flirted coyly with $88,527 before settling down to $87,262 — that stubbornly proud 2.61% gain whispering, “Not quite done yet.” Meanwhile, the audacious Convex finance coin (CVX) soared 21.04%, stacks (STX) pirouetted 12.98%, and Telcoin (TEL) hummed along with 11.57%. Reserve rights (RSR) tagged behind with a demure 10.07%. The cryptosphere’s own ballet of numbers — and no attendance fee required.
And what of the lesser players? FARTCOIN, MANA, CKB, KAS, and POL strutted their stuff, from POL’s modest 4.53% ascent to the cheeky 8.52% tickle of FARTCOIN — the name alone requiring a grin or two. Yet not all tales were merry: MANTRA’s OM kept slipping, the burn like trying to douse fire with gasoline, shedding 6.62%. DEXE followed at a teary 5.44% drop, CHEEMS whimpered with 4.12%, and PYTH and THETA shuffled down 3.62% and 3.54%. Crypto: equal parts circus and tragedy.
The golden luster shone unabated, as gold glittered with a 3.28% gain to $3,425 per ounce — a solid 12% climb for the month, assuring metals still know how to put on a show. Silver, ever the wallflower, managed a modest 0.57% lift but still lagged 2.67% behind its former glory, marching stubbornly to its own, slow beat.
Meanwhile, in the grand theater of markets, President Trump’s trade wars wrote the day’s tragic script, as $1.5 trillion evaporated into the ether. Investors held their breath, clutching their pearls — or their wallets — wondering if the puppeteers in Washington had another twist up their sleeves, or if they had simply forgotten the dance steps. Ah, such is the waltz of chaos and fortune. 🎭
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2025-04-22 01:00