BlockBeats News, January 19 — The cryptocurrency market experienced a "flash crash" early Monday morning, with Bitcoin dropping as much as 3.79% within one hour. The price fell from around $95,500 to a low of $91,900, and has since recovered to around $92,800. Meanwhile, gold and silver surged significantly, and stock index futures declined by 1%: at the market open on Monday, spot gold and silver gapped higher, reaching new all-time highs, while Nasdaq futures fell by 1%. Over the weekend, Trump issued a tariff threat regarding Denmark's autonomous territory Greenland, and reports indicate that multiple EU countries are considering imposing tariffs on U.S. goods worth €93 billion.
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BlockBeats News, January 19 — The cryptocurrency market experienced a "flash crash" early Monday morning, with Bitcoin dropping as much as 3.79% within one hour. The price fell from around $95,500 to a low of $91,900, and has since recovered to around $92,800. Meanwhile, gold and silver surged significantly, and stock index futures declined by 1%: at the market open on Monday, spot gold and silver gapped higher, reaching new all-time highs, while Nasdaq futures fell by 1%. Over the weekend, Trump issued a tariff threat regarding Denmark's autonomous territory Greenland, and reports indicate that multiple EU countries are considering imposing tariffs on U.S. goods worth €93 billion.