Bitcoin fell to $91,199.55, erasing last week's gains as U.S.-EU trade tensions intensified. The decline began during the Asian trading session, with prices stabilizing around 07:00 UTC. Privacy coins Monero and Dash also saw declines of 9% and 3%, respectively, as market enthusiasm waned. The crypto market's downturn coincided with a similar trend in U.S. equity index futures, where Nasdaq 100 futures dropped over 1.9% and S&P 500 futures fell 1.6%. The market's negative sentiment is linked to ongoing trade disputes between the U.S. and EU over Greenland, prompting investors to seek refuge in haven assets like gold and silver, which reached record highs.