$NEIRO Bitcoin and crypto markets are reacting to President Trump’s announcement of escalating tariffs on European countries over Greenland — including the move toward 25 % tariffs and the resulting market volatility:
🔥 Trump Announces Europe Tariffs Over Greenland
U.S. President Donald Trump announced new tariffs targeting eight European allies unless a deal is reached on U.S. ambitions over Greenland — starting with 10 % on Feb. 1 and rising to 25 % by June if negotiations fail.
Countries affected include Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and the UK.
European leaders have strongly condemned the tariff threats and discussed retaliatory measures, calling the move coercive and harmful to transatlantic relations.
📉 Crypto & Bitcoin Market Reaction
Bitcoin & crypto prices have weakened alongside broader risk assets:
Bitcoin slid sharply — dropping toward and below the ~$92,000 level as markets digest the tariff news and rising geopolitical uncertainty.
The sell‑off in crypto has been driven by risk‑off sentiment, with many traders deleveraging or exiting positions.
Broader crypto markets experienced significant liquidations, from hundreds of millions up to near $900 million across digital assets as risk sentiment deteriorated.
Altcoins also extended declines, with Ethereum, Solana, Cardano and others falling more sharply than Bitcoin amid broad risk‑off flows.
📊 Macro & Market Context
Global financial markets have reacted: stock futures dipped, European equities weakened, and safe‑haven assets like gold and silver surged to record highs as investors sought shelter.
Analysts note this tariff escalation dents risk appetite and dampens speculative asset inflows, contributing to crypto’s downward pressure.
The timing amid other geopolitical and regulatory developments — including delays to key U.S. crypto legislation — adds complexity to risk pricing.
