Bitcoin Trades Near $81,500 as Major Tokens Experience Losses
Bitcoin traded around $81,500 on Monday after a weekend decline. Major cryptocurrencies experienced losses:
- XRP and Cardano’s ADA dropped 5% in the last 24 hours
- Solana’s SOL, Dogecoin (DOGE), and Ether (ETH) fell between 2-3%
Global stock markets opened lower for the fourth consecutive day as investors anticipate President Donald Trump's announcement of new tariffs on April 2, raising concerns about a global trade war.
U.S. and European stock index futures also declined. In contrast, gold reached an all-time high and U.S. Treasury yields fell due to increased demand. Portfolio managers are adopting cautious strategies, reducing risk or avoiding large investments amid tariff uncertainties.