US–Greenland Deal Calms Markets as Bitcoin Jumps Back Above $90K

Global markets caught a breather after former US President Donald Trump announced a long-term framework agreement with NATO over Greenland — a move that pushed Washington to drop looming tariff threats on European goods.

Investors had been bracing for fresh trade tensions, with proposed US tariffs expected to hit up to 25% on imports from key European allies like Germany, France, the UK, and Denmark. The surprise rollback eased fears of a transatlantic trade war and sparked a relief rally across risk assets.

Trump said the deal fully satisfies US national and international security interests and will remain open-ended. Beyond trade, analysts note Greenland’s rising strategic value as Arctic ice melts, unlocking new shipping routes and mineral access — making the tariff retreat more tactical than permanent.

Markets reacted fast. Bitcoin rebounded sharply, climbing back above $90,000 after dipping near $87,200, signaling renewed risk appetite as geopolitical tensions cooled.

Bottom line: diplomacy steadies markets, and crypto wastes no time bouncing back.#GrayscaleBNBETFFiling #ETHMarketWatch