Well, I think you got to look at the big picture here. If you look at Bitcoin in isolation, you may have the wrong idea. It's obviously a riskoff trade, but you got to look holistically that this morning you've got stocks down.Those are the big headlines, but you also got to look at the dollar. The the Dixie index is down this morning. Uh, and then you also have bonds down.So, rates across the entire curve are up, you know, six to seven basis points. And what that should you kind of make you start to think ...

Core Viewpoint - The announcement of a 100% tariff on Chinese imports by US President Donald Trump has triggered a significant sell-off in global markets, leading to heightened volatility and declines in major indices [1][4][6]. Market Reactions - Following Trump's announcement, Wall Street experienced a rapid decline, with the S&P 500 dropping 2.7% and the Dow falling 1.9%, while the Nasdaq saw a 3.6% decrease [4]. - European stocks also faced a downturn, with the Eurostoxx600 closing down 1.2% after reaching record highs earlier in the week [4]. - The global equities index, MSCI, fell by more than 2%, and futures indicated a 0.9% decline for the ASX 200 at opening [5]. Commodity and Currency Movements - Oil futures, both Brent and US crude, fell approximately 3% to their lowest levels in six months, while US copper futures dropped over 5% [5]. - In contrast, gold prices rose above $4,000 per ounce as investors sought safe-haven assets amid market turmoil [6]. - The US dollar index and US treasury bond yields decreased, but the Australian dollar did not benefit from this trend, reflecting a broader "risk-off" sentiment [7]. Cryptocurrency Impact - Cryptocurrencies were significantly affected, with Bitcoin declining over 8% and Ethereum nearly 6% on Friday, marking them as some of the biggest losers during the session [7]. - However, there was a slight recovery in cryptocurrencies over the weekend as tensions between the US and China appeared to ease [8].