#TariffTensionsHitCryptoMarket


Hey everyone,
The crypto market has entered another phase of turbulence over the past few days, and this time the trigger is clearly macro-driven. Renewed tariff threats from the U.S. have reignited global trade-war concerns, pushing markets into a risk-off mode and putting visible pressure on digital assets.
Over the weekend, U.S. President Donald Trump revived tariff discussions targeting eight European countries, including Denmark, Germany, France, the UK, and others. Initial tariffs of 10% are expected to begin on February 1, with the possibility of escalating to 25% by June if negotiations fail. In response, Europe has already signaled potential retaliation, with reports suggesting the EU is preparing counter-tariffs worth up to €93 billion. This setup mirrors a classic trade-war escalation scenario, and markets reacted swiftly.
Crypto felt the impact almost immediately. Bitcoin dropped nearly 3.6% during Asian trading hours
BTC-1,94%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
CryptoChampionvip
· 5h ago
Watching Closely 🔍️
Reply0
CryptoChampionvip
· 5h ago
HODL Tight 💪
Reply0
CryptoChampionvip
· 5h ago
2026 GOGOGO 👊
Reply0
Falcon_Officialvip
· 8h ago
Watching Closely 🔍️
Reply0
Falcon_Officialvip
· 8h ago
2026 GOGOGO 👊
Reply0
HighAmbitionvip
· 8h ago
2026 GOGOGO 👊
Reply0
MissCryptovip
· 8h ago
1000x VIbes 🤑
Reply0
MissCryptovip
· 8h ago
Watching Closely 🔍️
Reply0
MissCryptovip
· 8h ago
2026 GOGOGO 👊
Reply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt