Here’s why crypto stocks COIN, MARA, MSTR beat S&P 500 index

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

Top crypto stocks performed better than the broader stock market this week, helped by relatively stable cryptocurrency prices.

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

After President Donald Trump unveiled new tariffs on April 2, the stock market experienced two days of turmoil. By Friday evening: – The S&P 500 closed down 6% – The Nasdaq Composite dropped 5.8%. – The Dow Jones Industrial Average plummeted more than 2,200 points, or about 5.5%. – The Russell 2000 Index, a small-cap stock index, slipped 4%.

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

Some crypto-related stocks did better than these equities during the week. Strategy, for example, rose by over 6.7%. Coinbase, the biggest crypto exchange in the US, dropped by just 3%, while Marathon Digital, Cipher Mining, and Riot Platforms fell by less than 5%. These stocks did better than the S&P 500 and the Nasdaq 100 indices because Bitcoin and other major cryptocurrencies like Ethereum, XRP, and BNB were relatively unchanged.