Live markets: bitcoin leads crypto slide even as tech sector closes sharply higher
60-second summary
Bitcoin leads a crypto market slide as oil prices and bond yields plummet following President Trump's announcement of an imminent Middle East agreement, sparking fears of economic instability. Oil prices drop 3% and bond yields fall 10 basis points. The tech sector, however, defies expectations with a sharp 1% gain. Crypto market capitalization drops 2.5%.
Oil prices and bond yields opened the week sharply lower following President Trump's weekend announcement of an imminent Middle East agreement.