The SPDR Gold Shares ETF (GLD) edged 0.3% lower in midday trade, while the iShares Bitcoin Trust (IBIT) was up 1.3%. Bitcoin outperformed gold in January, but has only gained the upper hand again after last week’s rally. The stronger showing for Bitcoin follows renewed momentum in recent days, fueled in part by Trump’s latest tariff threats.

Stock futures are pointing to a lower open Monday as investors respond to President Donald Trump's latest tariff threats and prepare for a busy week of earnings reports and economic data.

Concern over US President Donald Trump’s intensifying trade war sent US stock futures lower, while Treasuries also fell. Trump’s weekend threat to impose 30% tariffs on the European Union and Mexico is testing market resilience,