Bitcoin has recorded a notable decline, trading with negative momentum initially observed in weekend market summaries where it dropped over 3%. Traders have expressed frustration with the price action, describing recent movements as sluggish and unfavorable. In the broader macro context, the S&P 500 had previously closed slightly up (+0.19%), showing a divergence from crypto assets. [Update 1] Following the weekend volatility, Bitcoin prices experienced a sharp decline shortly after the US stock market opened, erasing approximately 16 hours of gains in roughly 20 minutes. Market observers note this aligns with a recurring pattern observed since early November where BTC faces selling pressure around the 10 a.m. ET mark. This intraday volatility highlights the continued correlation and sensitivity of crypto assets to US traditional market trading hours.