The crypto market saw a sharp pullback early Monday, with #Bitcoin sliding as much as 3.8% within nearly an hour to around $91,900. Major #altcoins also weakened simultaneously, triggering a brief “flash crash.”
In contrast, gold and silver strengthened, while equity index futures fell about 1%, signaling a rapid cooling in risk appetite.
The shift in market sentiment was closely tied to geopolitical and trade developments over the weekend.
#Trump renewed tariff threats related to Greenland, a Danish autonomous territory, while reports said several EU countries are considering tariffs on up to €93 billion worth of U.S. exports, pushing macro uncertainty back to the forefront.
#CryptoMarket #CryptoNews
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BITCOIN DROPS TO $91,900 AS CRYPTO MARKET SEES MONDAY MORNING “FLASH CRASH”
The crypto market saw a sharp pullback early Monday, with #Bitcoin sliding as much as 3.8% within nearly an hour to around $91,900. Major #altcoins also weakened simultaneously, triggering a brief “flash crash.” In contrast, gold and silver strengthened, while equity index futures fell about 1%, signaling a rapid cooling in risk appetite. The shift in market sentiment was closely tied to geopolitical and trade developments over the weekend. #Trump renewed tariff threats related to Greenland, a Danish autonomous territory, while reports said several EU countries are considering tariffs on up to €93 billion worth of U.S. exports, pushing macro uncertainty back to the forefront. #CryptoMarket #CryptoNews