Traditional Finance’s $6 Trillion Wipeout Overshadows Crypto’s $30 Billion Dip

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From Trillions to Billions: TradFi’s Historic $6T Crash Dwarfs Crypto’s $30B Retreat

For the past week, Bitcoin has shown remarkable resilience, maintaining close to its previous worth. However, during this period, the overall digital asset market experienced a contraction of approximately $30 billion. The hardest hit were IMX and IP, which saw a decline of 22.8% and 20.1% in their values respectively.

Bitcoin Holds Firm as Crypto Market Sheds $30B

This week delivered a riveting juxtaposition: Traditional finance (TradFi) endured a multi-trillion-dollar tremor, while bitcoin ( BTC) defied the gravitational pull of volatility, maintaining equilibrium throughout. Since March 30, 2025, the flagship cryptocurrency has appreciated 1%, a subtle but telling nod to its resilience.

Ethereum ( ETH) demonstrated a modest loss, ceding a mere 0.9% over the same span. EOS emerged as the week’s luminary, soaring 37.7% since March 30, trailed by ATOM’s 14.9% climb. OKB vaulted 7.9%, and Sky Money’s MKR edged upward by 3.2% against the dollar. TRX weathered turbulence with a 2% advance, while Sonic’s S token posted a 1.8% gain.

As a researcher, I’ve observed that the broader digital asset market has experienced a slight contraction from $2.69 trillion to $2.66 trillion. The majority of tokens are grappling with double-digit declines. For instance, IMX saw a 22.8% plunge, while IP retreated by 20.1%. Jupiter’s JUP lost 18.1%, DEXE stumbled by 16.5%, and TIA took a 15.8% hit. Interestingly, MOVE followed the same trend as TIA, losing a similar amount, and Ethena’s ENA conceded 12.6% of its value.

As markets teeter on the brink of uncertainty ahead of Monday’s opening bell, the financial sphere grapples with reverberations from President Donald Trump’s tariff-induced upheaval. A striking dichotomy materializes: the cryptocurrency domain relinquished $30 billion in value, while Wall Street hemorrhaged roughly $6 trillion across two cataclysmic trading sessions—its most dismal weekly performance since the pandemic’s bottom.

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2025-04-06 07:59