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#TariffTensionsHitCryptoMarket ๐๐
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 โ then reversed hard.
BTC is now hovering around $92,000โ$93,000, trying to stabilize, but overall sentiment remains fragile.
๐ป What triggered the sell-off?
The catalyst was fresh tariff rhetoric from U.S. President Donald Trump, targeting eight European countries:
๐ฉ๐ฐ Denmark
๐ณ๐ด Norway
๐ธ๐ช Sweden
๐ซ๐ท France
๐ฉ๐ช Germany
๐ฌ๐ง UK
๐ณ๐ฑ Netherlands
๐ซ๐ฎ Finland
Initial tariffs: 10% starting February 1
Potential escalation: up to 25% by June if talks fail
EU response: preparing โฌ93B in counter-tariffs