Crypto Holds Strong As NASDAQ & DOW Dive Amid Global Market Crash

The American stock market is experiencing a steep decline today, with the Nasdaq and Dow Jones suffering heavy losses. The Nasdaq has fallen by 5.36% while the Dow Jones Industrial Average dropped by 4.64%. The S&P 500 also experienced a significant drop of 5.20%, shedding roughly 280 points. In stark contrast, the cryptocurrency market is showing resilience, defying these bearish trends. According to CMC data, crypto market cap currently sits at $2.66 trillion with an intraday gain of 1.53%.