Bitcoin (BTC) experienced a 3% dip, falling to around $101,300, following the announcement of a 90-day tariff truce between the U.S. and China. This drop followed Bitcoin's earlier surge of nearly 40% from its April low of just under $75,000, reaching a peak of around $106,000 early Monday.

The decline mirrors the classic "buy the rumor, sell the news" pattern, especially considering Bitcoin's stronger performance relative to traditional markets. While the S&P 500 gained 3.1% and the Nasdaq rose 3.9%, BTC's previous outperformance made it more susceptible to short-term profit-taking.