The red color covers the market on the first day of the week

Stocks are being sold off sharply in the U.S. and around the world as Trump’s administration takes a hardline stance on new tariffs, ignoring market reactions and affirming that there will be no delays, continuing for many weeks to 'fix the trade deficit.'

Crypto is also in the red, with 46,411,462,595 BTC falling below $78K and altcoins crashing. The market capitalization has dropped below $2.6 trillion, evaporating 9.2% - equivalent to about $253 billion.

In the past 24 hours, over 280,000 traders have been liquidated, with a total value of $853M, of which 87% were Long orders. The Fear & Greed Index has plummeted to 23 (Extreme Fear)

So far, Treasury Secretary Bessent has revealed that more than 50 countries have come to the negotiating table with the U.S. since the announcement of tariffs, giving Trump an advantage. However, details about the negotiations and progress remain a mystery.