Market sentiment remains fearful after Trump’s tariff announcements, with analysts split on whether the bottom is in or more pain is ahead.
Raoul Pal of RealVision remains bullish despite the chaos, suggesting investors prepare cash to “buy the dip” as he believes the bull market is far from over.
Asian and Australian markets opened deep in the red on Monday, with Taiwan’s index dropping nearly 10%, the Nikkei falling 7.35%, and ASX 200 losing 4%.
Bitcoin and Ethereum ETFs continue to see outflows, with Ether funds experiencing three consecutive days of net outflows totalling US$58.5 million and Bitcoin funds losing US$164.7 million on Thursday and Friday.