🚨COMMERCIAL BREAK + IMPACT ON MARKETS

🇺🇸 Trump announces that he cuts all trade with Spain 🇪🇸 after the refusal to allow the use of bases against Iran.

🗣 “We don’t want anything to do with Spain.”

📊 What could happen now?

🇪🇺 Europe:

• Declines in exporters

• Pressure on the IBEX 35

• Weakness in the euro

• More volatility in equities

₿ Cryptocurrencies:

• Immediate increase in volatility

#BTC could act as a refuge if tensions increase

• Altcoins would suffer more in a “risk-off” scenario

When geopolitics escalates, capital rotates. And the market waits for no one.