Markets have clearly been quite volatile in recent weeks — crypto or otherwise.

Zooming out, the S&P 500 was down nearly 9% year-to-date early Wednesday, and the Nasdaq Composite index has fared worse, dropping 14% so far in 2025.

As BTC hovered around $83,700 Wednesday morning, it was similarly down 10% year-to-date. Gold is up 24% over that span, flaunting a safe-haven status that BTC does not yet widely enjoy.

Shares of Strategy (formerly known as MicroStrategy) have rallied in recent days, putting it barely into the green in 2025 (at +2%). But perhaps the most renowned crypto stock, Coinbase, remains down about 34% from the start of the year.

Crypto assets and stocks…

Read more on Blockworks