“Discharge” and “Safe Haven” began to be used late last week when Bitcoin (BTC) held its own despite the continued tumbling in stock markets in response to President Trump’s sweeping duty against US trading partners.

However, Bitcoin Bulls may have spoken too soon.

With stock trading closed over the weekend, terrible investors may turn to 24/7 crypto markets to place Bearish bets. At the end of Sunday afternoon, Bitcoin is just over $ 79,000 down 5% from 24 hours ago.

Other majors are doing far worse, among them ether (ETH), lower by 11% to $ 1,590 and Solana (Sol), down 10% to $ 107.

The term “Black Monday” tends to x – a reference to Monday 19 October 1987, when Dow Jones Industrial Average lost almost a quarter of its value in a session. Back then, the triggering event was the threat of a currency war by the time Finance Minister James Baker.

Stock Index Futures opens for trade at. 22 UTC.