Bitcoin drops 8%, US markets shed $2T in value — Should traders expect an oversold bounce?

Bitcoin (BTC) and US stock markets all sold off sharply after US President Donald Trump shook up financial markets by announcing a list of reciprocal tariffs on several countries. On April 3, the S&P 500 saw a 4. 2% drop at market open, its most significant single-day decline since June 2020. The Dow Jones Industrial Average fell 3 source: https://cointelegraph.com/news/bitcoin-drops-8-us-markets-shed-2-t-in-value-should-traders-expect-an-oversold-bounce?utm_source=rss_feed&utm_medium=rss%3F&utm_campaign=rss_partner_inbound