The market just got a massive reality check. Bitcoin plunged $3,700 in a flash sell-off following a provocative geopolitical move from Washington.
President Donald Trump has officially weaponized trade to pursue a historic land deal, announcing a 10% tariff effective February 1st on eight key nations:
๐ฉ๐ฐ Denmark | ๐ณ๐ด Norway | ๐ธ๐ช Sweden | ๐ซ๐ท France | ๐ฉ๐ช Germany | ๐ฌ๐ง UK | ๐ณ๐ฑ Netherlands | ๐ซ๐ฎ Finland
โ ๏ธ The Escalation Timeline:
Feb 1st: 10% blanket tariff on all goods.
June 1st: Rate hikes to 25% if no deal is reached.
The Goal: The tariffs remain until the U.S. successfully purchases Greenland.
Trumpโs message was unmistakable: "It is time for Denmark to give back."
๐ Why is Crypto Crashing?
When geopolitical "black swans" appear, investors flee to cash. This isn't just a trade war; it's a total shift in global relations. The uncertainty has triggered a "risk-off" environment, sending BTC into a tailspin as traders brace for a June 1st showdown.
In this new era, volatility is the only constant.
News Type: Geopolitical / Market Analysis
Hashtags:#bitcoin #MarketUpdate #TRUMP #Greenland #CryptoNews
Whatโs your move? Are you buying this "Greenland Dip," or is the geopolitical risk too high? Let me know in the comments!
