Bitcoin Drops to $79,000 Amid Widespread Crypto Market Decline
Bitcoin (BTC) has shown resilience amidst declining stock markets due to President Trump's tariffs. However, it is currently trading at just above $79,000, a 5% drop in 24 hours.
Other cryptocurrencies are experiencing larger declines:
- Ethereum (ETH): down 11% to $1,590
- Solana (SOL): down 10% to $107
The term "black monday" is trending on social media, referencing the significant market crash of October 19, 1987.
Stock index futures will open for trading at 10 PM UTC.