This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

Crypto markets had a modest start to a headline-heavy week. BTC closed Monday at ~$114K, down -0.2% on the day, outperforming gold but underperforming US equities. Gold is finally cooling off, closing below $4,000 (-1.6%), while the three major stock indexes (S&P 500, Nasdaq 100 and Dow Jones) hit new all-time highs, with tech stocks leading gains.

The positive momentum in US equities was partly driven by constructive US-China trade talks ahead of Thursday’s meeting between the leaders of both countries. While on macro, investors are also anticipating the Fed will cut rates by 25 bps on…

Read more on Blockworks