Crypto Today: Altcoins Find New Buyers as Microsoft, Apple and Nvidia Lose $1 Trillion in 3 Days

Quick Summary:

Crypto market capitalization closed the week above $2.7 trillion mark on Saturday, April 5, while Trade war panic wiped over $1 trillion off US tech stocks including Apple, NVIDIA and Microsoft.

Microsoft, Apple and Nvidia all lose $3 trillion valuation as Trump tariffs Wipe Out $1 trillion in 3 days Markets reacted swiftly.

This affirms that China’s swift retaliation—announcing new tariffs on U.S.exports within 48 hours—has sparked fears of a sustained trade war, prompting investors to pivot away from American-dominated technology supply chains.

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Article Details

Author / Journalist: ibrahim

Category: Crypto

Markets: IndiaChinaMexicoUnited States

Topics: Crypto Price Analysis Cryptocurrencies Crypto markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-05 @ 23:25:01 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 606 words

Reading Time: 4 minutes read

Sentences: 41 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27607734

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 23 posts per day

Year Established: 2017

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News Last Updated: 11 hours ago

Coverage Areas: India

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