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$BTC — One Trump Move Just Nuked the Crypto Market 🚨
Bitcoin didn’t crash due to bad charts or weak on-chain data—it reacted to politics. After Trump announced 10% tariffs on the EU, BTC dumped nearly $5,800, triggering a brutal cascade across the entire crypto market. In just a few days, around $215 BILLION in total market cap vanished.
The trigger? Geopolitics.
The tariffs were framed as pressure on Denmark over Greenland, but markets heard something else: rising global tension, trade uncertainty, and macro risk back in play. Crypto, still treated as a high-beta risk asset, took the hit instantly.
This wasn’t a slow bleed. It was a sharp repricing driven by a single headline—clear proof that narratives, not fundamentals, can still dominate short-term price action.
Now the real question is simple:
Was this an overreaction… or a warning shot for what’s coming next?
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