Bitcoin recouples 📉

Crypto assets looked pretty sturdy late last week, but they've fallen just like stocks (yet again) over the last day-plus.

📝 What you need to know

So much for Bitcoin decoupling from traditional financial markets.

It’s a been a rough day or so for crypto and stock markets alike, extending the losses that began late last week after President Trump ratcheted up his trade war with severe global tariffs. Bitcoin has nearly leveled out over the past 24 hours, but fell sharply on Sunday along with the rest of the market.

On Friday, Bitcoin and other crypto assets mostly showed green, bucking the trend as stocks continued to fall. Analysts praised the leading cryptocurrency’s “resilience” as crypto personalities bull-posted well into the weekend.

But it didn’t last, as crypto prices started to fall sharply on Sunday as U.S. equity futures cratered, leading to mass selloffs in international markets. There was a brief respite early Monday amid reports of Trump considering a 90-day pause on tariffs, causing crypto and stock prices alike to briefly spike.

But then the White House called it “fake news”—and the bloodshed resumed.

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