Today’s market breakdown is brought to you by Lark Funding—your partner in conquering the stock market.

Use code STOCKS20 for 20% off our brand-new Stock Trading Challenge and take your first step toward funded stock trading!

☕️ GM Munchers! This weekend’s tariff bombshell hit the markets harder than your mother-in-law’s “constructive feedback” at family dinner. Let’s break down what’s happening—and why Bitcoin just got a nasty haircut.

On today’s menu:

• Markets Go Wild After Tariffs Hit: What’s Next? 🤔

• A New Challenge For Stock Traders 🤑 

• Weekend Wipeout: Bitcoin Hits $93K Amid Market Turmoil 🔥

• Inflation Is Making Prop Firm Challenges More Expensive 😢 

TRADE WAR
Markets Go Wild After Tariffs Hit: What’s Next? 🤔

President Trump’s 25% tariffs on Canadian and Mexican goods (and a cheeky 10% on Chinese imports) have officially launched, and the ripple effects are everywhere.

Here’s the damage so far:

🍁 Oh Canada, My Wallet!

• USD/CAD shot up faster than a hockey puck, hitting C$1.478.

• That's a 1.5% surge, eh? Canadian traders are sweating maple syrup right now.

🐻 S&P 500: The "S" Stands for "Sad"

• S&P futures down 1.6% (Ouch!)

• Nasdaq futures? -2.2% (Double ouch!)

🌮 Guac is Extra (And So Is Everything Else)

Inflation's about to make your Chipotle bowl look like caviar. Thanks, tariffs!

🪙 Bitcoin: From Moon to Monsoon

• BTC dropped to $93,000 and is down over 8% in the last 5 days.

🇨🇦 Canada's Not Feeling So Nice

• GDP might shrink 3.6% (That's Great Depression level bad, folks)

• Unemployment could hit 7.6% by 2026 (Time to dust off those "Will Code for Poutine" signs)

Why This Matters for Traders 📉

Tariffs don’t just mess with avocado prices—they hit a country’s currency like a truckload of overripe guacamole.

Here’s the deal:

When tariffs get slapped on exports, it’s bad news for the country’s currency (looking at you, CAD).

Why?

Because exports are like a country’s paycheck.

If you make it more expensive for someone to buy your stuff, they’ll buy less of it.

Less trade = less demand for your currency.

Simple, right?

Now, let’s add another layer: retaliation. 

Canada and Mexico are firing back with tariffs of their own, and the trade slowdown is like pouring maple syrup on an already sluggish economy.

This hurts growth, scares investors, and weakens the loonie even more.

And then there’s the central bank wildcard. 

The Bank of Canada is already cutting rates to prop up the economy, and lower rates make the CAD less attractive compared to currencies with higher yields (hello, USD).

So what do traders need to know?

• Tariffs = weaker CAD: Less trade means less demand for the loonie.

• BoC rate cuts amplify the pain: Lower rates make the CAD even less appealing.

• Export-heavy economies are vulnerable: Tariffs hit Canada harder because they rely heavily on trade.

Bottom line: Tariffs are the CAD’s kryptonite right now. If you’re trading USD/CAD, watch for more upside as this drama unfolds.

Stock Traders, Your Time Has Come!

Today Lark Funding just launched a brand new Stock Trading Challenge and is giving you Munchers 20% off for the next 24 hours.

Here’s why this challenge is rewriting the rules of trading success:

✅ 1-Step Challenge – Hit just 9%, and you’re in. No extra hoops.
✅ 6% Max Drawdown (Not Trailing) – Because static drawdown always wins.
✅ 90% Reward Payouts – Keep more of what you earn, every time.
✅ No Lock-Upon Payout – Your gains, your freedom.
✅ No News Restrictions – Trade through volatility like a pro.
✅ No Consistency Rules or Minimum Trading Days – Trade your way, on your schedule.

📈 Ready to level up? 

Use code STOCKS20 at checkout and grab your spot before the clock runs out.

You’ve got just 24 hours to lock in this deal. ⏰ 

Don’t wait. This is your time to take the leap.

CRYPTO

Bitcoin Bites the Dust: Down to $93K Over the Weekend 📉 

Bitcoin's weekend slide to $93,000 has crypto traders sweating and hodlers holding their breath.

Let’s break down what caused the selloff and what’s next for the world’s favourite digital asset.

Immediate Triggers 🛑

Trump’s Tariff Bomb didn’t just drop—it exploded like a piñata at a toddler’s birthday party, except all that fell out was chaos.

• The Stats That Hurt:

  • 25% tariffs on Canada and Mexico, plus a cheeky 10% on China, aimed straight at $1.6 trillion in trade.

  • Decades of supply chains? Shredded faster than a bad first draft.

• The Ripple Effects:

  • S&P 500 futures took a 1.6% nosedive, while the DXY flexed its muscles, surging 4% to highs we haven’t seen since 2022.

  • And crypto? Let’s just say $226 billion evaporated from the market cap faster than you can say “HODL.”

It’s like Trump walked into the global economy with a flamethrower and yelled, “Let’s see what happens!” Spoiler: nothing good.

Why Crypto Cares About Tariffs 🧠

1️⃣ Inflation Fears: Tariffs raise consumer prices (4-6%), making rate cuts less likely and choking risk assets like crypto.

2️⃣ Liquidity Crunch: Over $540 million in Bitcoin longs were liquidated as traders unwound leveraged bets.

3️⃣ Contagion from Traditional Markets: Auto and energy stocks got hit hard, showing how intertwined crypto still is with broader market sentiment.

Hidden Catalyst: Trump’s Crypto Paradox ◀️

Trump’s policies are like that one ex—sometimes they’re great, other times they leave you dodging their calls.

His anti-regulation cheerleading shot Bitcoin to a $109K all-time high, but now his tariffs are spooking markets, turning BTC into a short-term stress test.

Analysts (and Pip Munch’s resident hot takes) Weigh In 🎙️

• Bears: "BTC’s just a glorified tech stock in disguise," quips one over-caffeinated Pip Munch intern.

• Bulls: "Tariffs weaken the dollar—cue the long-term BTC moon mission," says the guy who swears Bitcoin will outlast the dollar itself.

What Traders Should Watch 👀

1️⃣ Key Levels: $93,000 is the daily close to watch. Fall below, and we might be in for more pain.

2️⃣ Fed Moves: Delayed inflation progress could push rate cuts further down the road, keeping the heat on BTC.

3️⃣ Prepare for Volatility:

• Short-term: BTC might dip harder than your mood after telling your wife you don’t need another Target run.

• Long-term: Tariff wars could cement BTC’s status as the ultimate hedge against currency chaos.

This weekend proved even Bitcoin isn’t immune to old-school trade wars.

But as traders debate BTC’s future as either a risk asset or inflation hedge, one thing is certain – the narrative battle is far from over.

Let’s see where this rollercoaster takes us. 🚀

🚀 Pre-Market Fuel

1. Inflation is increasing the prices of prop firm challenges. Ouch!

2. A look at this week’s high-impact news. We’ll be with you every morning to break it all down.

3. These crypto numbers are wild. There’s a lot of fear out there!

🍪 Munchy Memes

Share Pip Munch

Chances are you have some trading friends. Why don’t you be a pal, share Pip Munch and earn some goodies for it?

You currently have 0 referrals, only 1 away from receiving The Trading Plan That Helped Me Pass 4 $100,000 FTMO Challenges.

Or copy and paste this link to others: https://pipmunch.com/subscribe?ref=PLACEHOLDER