U.S. Stocks Lose $11 Trillion Since February as Recession Fears Mount Over Trump Tariffs

Author

Ruholamin Haqshanas

Author

Ruholamin Haqshanas

About Author

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto…

Share

Last updated:

April 5, 2025 07:55 EDT

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

U.S. stock markets have experienced a staggering $11 trillion wipeout since February 19, with losses accelerating on April 4 following heightened concerns over President Donald Trump’s sweeping tariff measures.

The single-day market loss amounted to $3.25 trillion—exceeding the total valuation of the global cryptocurrency market, which stood at $2.68 trillion at the time.

Among major tech players, dubbed the “Magnificent 7,” Tesla led the plunge, falling 10.42%. Nvidia and Apple also saw steep losses, dropping 7.36% and 7.29% respectively, according to TradingView data.

Nasdaq 100 Falls 6%, Slips Into Bear Market Amid Broad Sell-Off

The widespread sell-off sent the Nasdaq 100 tumbling 6% on the day, pushing the index officially into bear market territory.

The Kobeissi Letter, a financial insights platform, described April 4 as the worst day for U.S. equities since March 2020.

“U.S. stocks have now erased a massive $11 trillion since February 19,” Kobeissi said in an April 4 post on X, adding that the odds of a recession now exceed 60%.

The platform called Trump’s April 2 tariff policy announcement “historic” and warned that if such measures persist, a recession may become unavoidable.

The executive order signed by Trump imposes a 10% baseline tariff on all imported goods and introduces reciprocal tariffs aimed at leveling trade imbalances.

Trump said the move targets the disproportionate tariffs imposed on U.S. exports by other countries.

While traditional markets slump, Bitcoin has shown notable resilience. At the time of publication, BTC was trading around $83,749, down just 0.16% over the past week, according to CoinMarketCap.

Some traders have pointed to Bitcoin’s stability as a potential hedge against macroeconomic volatility.

“Bitcoin doesn’t appear to care one bit about tariff wars and markets tanking,” said technical analyst Urkel. Even longtime crypto skeptics are beginning to take notice.

“I’ve hated on Bitcoin in the past,” admitted stock market commentator Dividend Hero, “but seeing it hold steady while stocks collapse is very interesting to me.”

Trump Administration is Manipulating Stock Markets to Cut Rates: Anthony Pompliano

Last month, Bitcoin commentator Anthony Pompliano said that the Trump administration may be deliberately engineering market turmoil to pressure Federal Reserve Chair Jerome Powell into lowering interest rates.

He hypothesised that President Donald Trump and Treasury Secretary Scott Bessent are attempting to crash asset prices, forcing the Fed’s hand to reduce rates.

Pompliano, the founder and CEO of Professional Capital Management and host of The Pomp Podcast, claims that lowering interest rates is crucial to avoid the need to refinance $7 trillion in upcoming U.S. debt obligations.

“Trump and his team are intentionally crashing the market,” he wrote. “Is this a master plan or are we watching uncontrolled destruction?”

The theory comes as Powell recently refused to cut rates despite Trump’s repeated calls for lower borrowing costs.

In January, the Fed held rates steady at 4.25% to 4.5%, maintaining its cautious stance amid inflation concerns.

Trending News
RecommendedPopular Crypto TopicsPrice Predictions

Explore new destinations with ease using the Garmin Drive 52 GPS Navigator! With over 17,988 ratings and a solid 4.4/5-star rating, this GPS system has been a top choice for travelers. Over 500+ units were bought in the past month, all for only $144.99.

This 5″ GPS navigator comes with essential driver alerts, real-time travel data, and external memory storage. The simple on-screen menus and bright, easy-to-see maps make it easy to navigate wherever you are. Plus, it’s road trip-ready with The HISTORY Channel database, featuring notable historic sites and much more to enhance your journey.

Don’t miss out—get your hands on the Garmin Drive 52 today for a smoother ride ahead! Buy Now for $144.99 on Amazon!

Help Power Techcratic’s Future – Scan To Support

If Techcratic’s content and insights have helped you, consider giving back by supporting the platform with crypto. Every contribution makes a difference, whether it’s for high-quality content, server maintenance, or future updates. Techcratic is constantly evolving, and your support helps drive that progress.

As a solo operator who wears all the hats, creating content, managing the tech, and running the site, your support allows me to stay focused on delivering valuable resources. Your support keeps everything running smoothly and enables me to continue creating the content you love. I’m deeply grateful for your support, it truly means the world to me! Thank you!