The “decoupling” and “Safe Haven” began to be used at the end of last week while Bitcoin (BTC) held out despite the continuous fall in stock markets in response to President Trump’s radical rates against American trade partners.
Bitcoin Bulls, however, may have spoken too early.
With the exchanges of closed action for the weekend, frightening investors may turn to 24/7 cryptographic markets to place downsides. At the end of Sunday afternoon, Bitcoin is only negotiated more than $ 79,000 down 5% compared to 24 hours ago.
Other majors are held well worse, including the ether (ETH), 11% than $ 1,590 and Solana (soil), down 10% to $ 107.
The term “Black Monday” is trendy on X – a reference to Monday October 19, 1987, when the industrial average of Dow Jones lost almost a quarter of its value in a session. At the time, the trigger event was the threat of a war of currency by the secretary of the Treasury James Baker.
The term contracts on the stock market index open for exchanges at 10 p.m. UTC.
