#BlackMonday is as a result of the U.S. stock market is crashing, with the S&P 500 and Nasdaq dropping over 14-15% in just a few days. This sharp downturn follows President #TrumpTariffs on all imports, triggering fears of a global trade war.

China and the EU are retaliating with their own tariffs.

Major banks like JPMorgan and Goldman Sachs are warning of a potential recession.

Experts like Larry Fink and Bill Ackman are calling the situation serious, with predictions of stalled investment and economic fallout.

The market chaos is drawing comparisons to the original Black Monday crash of 1987.

With all the highlight above, has significantly impacted the cryptocurrency market. Bitcoin $BTC , the leading cryptocurrency, experienced a sharp decline, dropping below $77,000 a notable decrease from its previous highs. This decline mirrors the broader market's reaction to escalating trade tensions following President Trump's tariff announcements.#BTCBelow80K

In the past 24 hours, approximately $1.2 billion in bullish cryptocurrency positions were liquidated, reflecting heightened market volatility and investor caution. Altcoins such as Ethereum $ETH and $XRP also faced significant losses, with ETH declining by 14.3% and XRP by 15.4% Via BingX exchange chart.

The total cryptocurrency market capitalization has fallen by 10.8%, now standing at $2.5 trillion. This downturn has also affected crypto-related stocks; for instance, MicroStrategy, known for its substantial Bitcoin holdings, saw its shares drop by over 10%. #StopLossStrategies

Market analysts attribute these declines to a broader retreat from risk assets amid fears of a global trade war and potential recession. The Crypto Fear & Greed Index has plummeted to a score of 17, indicating "extreme fear" among investors. #DiversifyYourAssets