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Home News Transatlantic Tariff Threat Returns, Crypto Market Experiences Monday Morning Flash Crash

Transatlantic Tariff Threat Returns, Crypto Market Experiences Monday Morning Flash Crash

Transatlantic Tariff Threat Returns, Crypto Market Experiences Monday Morning Flash Crash

BlockBeats News, January 19th. In the early morning of Monday, a “flash crash” occurred in the cryptocurrency market. Bitcoin experienced a maximum 3.79% drop in about 1 hour, falling from around $95,500 to $91,900, and has now rebounded to around $92,800.

Meanwhile, gold and silver surged significantly, while stock index futures dropped by 1%:

At Monday’s opening, spot gold and silver gapped up and hit a new all-time high, while NASDAQ futures fell by 1%. Over the weekend, Trump threatened tariffs over the Greenland issue, and it was reported that several EU countries are considering imposing tariffs on US goods worth 93 billion euros.

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