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Bitcoin dropped below the closely watched $80,000 level on Sunday evening, tracking U.S. stock index futures sharply lower amid intensifying worries about the impact of tariffs. Monitor these key chart levels.

Trump announced reciprocal tariffs on over 180 countries. The move sparked panic in the stock market.

The tariff-induced market mayhem isn’t over just yet.

As markets continued to crater on Sunday, President Trump was content to continue hammering the benefits of his tariff policy rather than suggest reciprocal rates are the beginning of negotiations.

Stablecoins are being seen as a key tool to maintain the U.S. dollar's dominance in global markets, according to Bryan Pellegrino, CEO of LayerZero Labs.

The Consumer Financial Protection Bureau (CFPB) is expected to reduce its involvement in cryptocurrency regulation due to budget cuts and a broader shift in oversight to other agencies.

European shares followed Asian markets lower, with Germany's DAX falling 6.5% to 19,311.29. In Paris, the CAC 40 shed 5.7% to 6,861.27, while Britain's FTSE 100 lost 4.5% to 7,694.00. The future for the S&P 500 lost 4.8% while that for the Dow Jones Industrial Average shed 4.1%.