The price of Bitcoin (BTC) fell to approximately $79,000 as investors reacted to broader market uncertainties. Ether (ETH) and Solana (SOL) experienced even sharper declines, dropping by 11% and 10%, respectively. The term “black monday” is trending on social media, drawing parallels to the 1987 stock market crash. Hedge fund billionaire Bill Ackman warned of an impending “economic nuclear winter” if tariffs continue unchecked, urging a pause in trade disputes.
— new from CoinDesk
