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$BTC ONE TRUMP MOVE JUST NUKED THE CRYPTO MARKET đ¨
Bitcoin didnât collapse on bad charts or on-chain weakness-it reacted to politics. Since Trump announced 10% tariffs on the EU, BTC has dumped nearly $5,800, triggering a brutal cascade across the entire market. In just days, roughly $215 BILLION in crypto market cap vanished.
The spark? 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 on the table. Crypto, still treated as a high-beta risk asset, took the hit instantly.
This wasnât a slow bleed. It was a sharp repricing driven by a single headline-proof that narratives, not fundamentals, can still dominate short-term price action.
The real question now: was this an overreaction⌠or a warning shot for whatâs coming next?