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#TariffTensionsHitCryptoMarket 🌍📉
The crypto market has entered another phase of macro-driven volatility. Over the past few days, renewed global tariff tensions have pushed investors into a risk-off mindset, triggering a sharp pullback across risk assets.
Bitcoin briefly pumped — then reversed hard.
BTC is now hovering around $92,000–$93,000, trying to stabilize, but overall sentiment remains fragile.
🔻 What triggered the sell-off?
The catalyst was fresh tariff rhetoric from U.S. President Donald Trump, targeting eight European countries:
🇩🇰 Denmark
🇳🇴 Norway
🇸🇪 Sweden
🇫🇷 France
🇩🇪 Germany
🇬🇧 UK
🇳🇱 Netherlands
🇫🇮 Finland
Initial tariffs: 10% starting February 1
Potential escalation: up to 25% by June if talks fail
EU response: preparing €93B in counter-tariffs