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.
The REAL token raised just $392,000 of the $1M minimum requirement, resulting in an automated refund. The project intends to relaunch.
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With nonstop trading and no circuit breakers, crypto markets are different from—and often more volatile than—traditional equities markets.
