Following a tense weekend of U.S.–EU trade escalation, Bitcoin slid early Monday, dipping below $92,000 after topping roughly $98,000 last week. Markets moved as futures and Asian trading reopened amid troop deployments to Greenland, new 10% U.S. tariffs, and French calls for an “trade bazooka” against the U.S.
Bitcoin hit a multi-month high near $98,000 on Wednesday before meeting heavy selling and later slipping to a six-day low under $92,000. It has since recovered about $1,000 but remains down more than 2% for the day, with a market cap under $1.86 trillion on CG and a dominance near 57.5% (Data shows).
Ethereum failed to clear $3,350 and trades around $3,200, while XRP fell below $2.00 and reached $1.84 earlier Monday. Total crypto capitalization lost about $100 billion in 24 hours, standing near $3.22 trillion on CG (market overview).
Major mid- and large-cap tokens also slid, including DOGE, SOL, ADA, LINK, XLM, ZEC, AVAX, and HYPE. The steepest daily drops hit ASTER, SUI, APT, ONDO, ARB, PEPE, and ENA, while XMR and ICP bucked the trend and traded higher.
