Bitcoin Trades Near $81,500 as Major Tokens Experience Losses

1 min

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.

Original publication

Authors credited by the source: Shaurya Malwa, Sam Reynolds

Published by Holder based on an external source.