Market Wrap: Cryptos and Stocks Mixed; Bitcoin Outperforms Altcoins

Market Wrap: Cryptos and Stocks Mixed; Bitcoin Outperforms Altcoins


On Monday, the S&P 500 fell to a new record low for the year as the 10-year Treasury yield hit 3% for the first time since 2018. Also, on Monday, European stocks plunged during the first few minutes of trading, which caused some exchanges to briefly halt trading. Gold, a traditional safe haven, was also down on Monday.

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