US stocks plunged Monday morning, with global markets extending declines after President Trump signaled that his so-called “reciprocal” tariffs would remain in place for the foreseeable future.
The S&P 500 also fell 3.5%, entering bear market territory according to New York Post, while the Nasdaq 100 dropped 3.8%.
Investors had hoped that foreign nations would quickly negotiate with the US to avoid the full effects of Trump’s latest hefty tariffs, but those hopes were dashed as the tariffs remain in place.
This uncertainty, combined with fears of retaliation from trading partners, continued to weigh heavily on the markets.
The economic fallout from Trump’s tariffs is raising concerns among economists that these new measures could further fuel inflation. With a baseline tax of 10% on all imports, and even higher rates for many nations, the risk of escalating inflation is growing.
As the market continues to struggle with the uncertainty of Trump’s tariff policies, investors are left waiting for some form of negotiation or policy change to restore confidence. Until then, volatility is expected to persist in the stock market.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP.
Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem.
To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem.
His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.