The “decoupling” and “Safe Have” began to be used at the end of last week, since Bitcoin (BTC) remained his despite the continuous fall in the stock markets in response to the radical tariffs of President Trump against US commercial partners.
Bitcoin Bulls, however, may have spoken too soon.
With the closed shares trade for the weekend, fearful investors may resort to 24/7 cryptographic markets to place bear bets. In Sunday afternoon, Bitcoin is quoted just above $ 79,000 minus 5% 24 hours ago.
Other specialties are much worse, including Ethher (ETH), lower by 11% to $ 1,590 and Solana (Sol), 10% to $ 107.
The term “Black Monday” is in a trend in X, a reference to Monday, October 19, 1987, when the Dow Jones Industrial Avenge lost almost a quarter of its value in a session. At that time, the trigger event was the threat of a monetary war for the then Treasury Secretary James Baker.
“If we launch an economic nuclear war in all countries of the world, business investment will stop, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate,” he tweeted the Bill Ackman coverage funds, who had previously been at least moderated from Trump’s president. “The president has the opportunity on Monday to call a waiting time and have the time to execute to fix an unfair rate system,” he continued. “Alternatively, we go to an economical and induced nuclear winter, and we must start bending down.”
In early volatile trade, Nasdaq 100 futures are lower by 5% and future S&P 500 at 4.5%. The 10 -year treasure performance has dropped 14 basic points since its closing on Friday by 3.85%.
Updated (22:05 UTC): Early actions and trade market were added.
