Transatlantic Tariff Threat Returns, Crypto Market Experiences Monday Morning Flash Crash

BlockBeats News, January 19th: The cryptocurrency market experienced a "flash crash" early Monday, with Bitcoin plunging by as much as 3.79% in about 1 hour. The price dropped from around $95,500 to $91,900 before recovering to around $92,800.

Meanwhile, precious metals surged significantly, while stock index futures dropped by 1%:

At Monday's opening, spot gold and silver gapped up to hit record highs, while Nasdaq futures fell by 1%. Over the weekend, Trump threatened tariffs over the Greenland issue, and there are reports that several EU countries are considering imposing tariffs on US goods worth 93 billion euros.