Black Monday strikes again: Is Trump once more the catalyst for a flash crash in the crypto market?

Original｜Odaily Planet Daily Author｜Wenser Upon waking up, the cryptocurrency market once again experienced a "Monday-style flash crash." After Bitcoin (BTC.CC) briefly surpassed $97,000 last week, its weekly close was still above $95,000. However, just as the market anticipated that Bitcoin would drive an overall recovery in the crypto market, a long-awaited "significant pullback" struck again—within just a few hours, Bitcoin plunged below $92,000 and is currently trading around $92,700. Ethereum (ETH.CC) briefly fell below $3,200.

OdailyJan 19 11:19

Trump's tariff remarks trigger sell-off! Cryptocurrency market plunges, with Bitcoin briefly dropping below $92,000.

Following President Trump's announcement of new tariffs on eight European countries, cryptocurrency prices plummeted as risk assets weakened and demand for safe-haven assets increased. During the early Asian trading session on Monday, Bitcoin dropped by as much as 3.6%, falling below $92,000, with other tokens experiencing even larger declines.

FX168Jan 19 11:09

Express News | Steak'n Shake purchased $10 million worth of Bitcoin, advancing its corporate-level BTC treasury strategy.

BreakingsJan 19 10:44

Express News | Tom Lee: Bitcoin is expected to reach a new all-time high this year, and Ethereum will outperform Bitcoin.

BreakingsJan 19 10:38

Renowned strategist abandons Bitcoin, citing 'concerns over the rapid advent of quantum computing.'

Christopher Wood, Global Head of Equity Strategy at Jefferies, liquidated a 10% Bitcoin position in his portfolio model and reallocated it to 5% physical gold and 5% gold mining stocks. He explained that he is concerned that breakthroughs in quantum computing may occur within the next few years, which could theoretically crack Bitcoin's encryption algorithm and undermine its foundation.

wallstreetcnJan 17 10:30

Cathie Wood's 2026 Outlook: The U.S. economy is like a compressed spring ready to rebound; it will take several years for an AI bubble to emerge; gold prices are showing extreme signals.

On January 15 Eastern Time, ARK Invest, led by Cathie Wood, released a report on its official website titled '2026 Macro and Technology Investment Outlook.' The core points are as follows. Current State and Prospects of the U.S. Economy: The U.S. economy is experiencing a 'rolling recession,' with pressures in housing, manufacturing, and non-AI capital expenditures. However, like a 'compressed spring,' it is expected to rebound strongly in the coming years. Deregulation, tax cuts, declining inflation, and falling interest rates will drive an economic reversal. Inflation and Productivity: Inflation may fall to low levels or even turn negative due to factors such as falling oil prices, declining housing prices, and increased productivity. The integration of technologies such as AI, robotics, and blockchain could push annual productivity growth to 4%-6%, reducing unit labor costs and potentially leading to deflationary effects. Wave of Technology Investment: AI is driving capital expenditure to historical highs,

ARK InvestJan 17 04:30